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The comment from the State Administration of Foreign Exchange (SAFE) comes after central bank data released earlier on Sunday showed China’s forex reserves in December rose more than expected to their highest since September 2016.

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VTB Bank has confirmed it has been provided with RUB100bn from the Russian National Wealth Fund to be placed in a subordinated deposit. The purpose of the deposit is to fund sustainable infrastructure projects on the list approved by.

Other measures unveiled on Wednesday include those to allow services trade forex transactions to be handled directly at financial institutions and to permit companies in the services trade to deposit their foreign currency earnings overseas.

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As low oil prices take their toll, the UAE’s bank deposit market will continue to weaken in 2016, leading to further tightening of liquidity accompanied by higher interest rates and a further slowdown in credit growth, Standard & Poor’s.

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Apple’s new iPhones are here: Executives unveiled a new flagship iPhone X model alongside refreshed versions of the existing iPhone, dubbed iPhone 8 and iPhone 8 Plus, at a press event held in the newly-constructed Steve Jobs.

BEIRUT: The Lebanese central bank has the foreign-currency reserves it needs to keep. Second, he said, there are “medium- to long-term dollar deposit opportunities for the banks, with a half percent over the yield curve.” The third.

No one seems to have the will or the ability to make the tough decisions that need to take place." A statement saying euro zone finance ministers formally approved Spain’s bank bailout failed to offset the gloom.

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The forex reserves rose for the third consecutive week, surging by a robust $2.691 billion to $286.26 billion on a healthy jump in foreign currency assets, the Reserve Bank said. The country’s reserves had jumped $1.459 billion to $283.57.

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PUTRAJAYA: The Finance Ministry said today the so-called RM39.6 billion losses by Bank Negara as alleged by Tun Dr Mahathir Mohamad were actually foreign fund outflows, which is not unusual, and not losses from forex trading. 2013.

Chelsea suffered a dramatic late blow on transfer deadline day when Everton midfielder Ross Barkley rejected a move to.

DAP’s Lim Kit Siang has been calling for a Royal Commission of Inquiry (RCI) on the forex losses suffered by Bank Negara since 1994. However, there was no mention of support from the veteran statesman when the RCI officially.

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The BoE also announced it has signed up to two other codes of conduct, the first on standards expected from participants in the deposit, repo and securities lending markets, the second on conduct in precious metals markets. (Reporting by.

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The QCB’s forex reserves equate to more than six and a half months. primarily driven by higher lending (up 16.2% y-o-y) to the public sector. Bank deposit growth was 13.2% in December last year while non-resident and private sector.

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European Central Bank President Mario Draghi, speaking at the Bank of England Open Forum, did not address monetary policy, instead discussing deposit insurance across the euro zone. The euro was up slightly against the dollar, last.

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Bangladesh’s external sector is set to pass through turbulence in 2018 given the anticipated surge in food import, petroleum price in the international market and private sector foreign loans, and election-focused expansionary fiscal.

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