Since 2018, when the lira began suddenly fluctuating against the US dollar, the Turkish government has sought currency swap deals with other countries in an attempt to relieve pressure on the G-20 ...
LONDON (Reuters) - As dollars dry up, global finance is growing increasingly dependent on opaque currency trading to keep cash flowing. Banks and other short-term dollar borrowers are becoming ever ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rapid growth in the volume of foreign exchange swaps handled in London over the past three years has been ...
SHANGHAI/SINGAPORE (Reuters) - Chinese exporters are using a complicated currency swap strategy to avoid converting their dollar earnings into yuan for fear of losing out on potential gains in the U.S ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. As noted previously on FT Alphaville, Greece’s newly-controversial currency-swap is by no means a new story: ...
As the won-dollar exchange rate has risen rapidly recently, calls are growing to sign currency swaps with reserve currency countries such as the United States as a "foreign-exchange breakwater." A ...
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