#CurrencyStability

@observelebanon.bsky.social

1 month ago

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Lebanon's Minister of Tourism, Lori Khazen Lahoud, reversed a 2022 directive allowing US dollar pricing. Now, tourism institutions must display prices in Lebanese pounds, enhancing currency use and consumer rights while aiming to stabilize the sector. #Lebanon #Tourism #CurrencyStability

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bne IntelliNews

@intellinews.com

2 months ago

South Korea, US coordinate to address won volatility A major development in South Korean financial diplomacy unfolded on January 15, 2026, as the nation secured an unprecedented level of support from the United States Treasury to address the won’s persistent decline.

A major development in South Korean financial diplomacy unfolded on January 15, 2026, as the nation secured an unprecedented level of support from the United States Treasury to address the won’s persistent… Bne IntelliNews #SouthKorea #USSupport #WonVolatility #FinancialDiplomacy #CurrencyStability

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CTrend FX - Algorithmic Trading Solutions

@ctrendfx.bsky.social

9 months ago

Japanfinmin Kato: Important for currencies to move in stable manner reflecting fundamental Japan finance minister Kato: * Important for currencies to move in a stable manner reflecting fundamentals * Generally speaking, higher yen could push down import costs and prices Nothing new or surprising from Kato here. This article was written by Eamonn Sheridan at www.forexlive.com.

| etsy.me/3RHihSQ | ctrendfx.com #JapanFinance #Yen #Forex #CurrencyStability #ImportCosts

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Addis Fortune

@addisfortune.bsky.social

10 months ago

The National Bank of Ethiopia (NBE) is continuing its push to stabilise the foreign exchange market, injecting millions of dollarss into the economy through a series of currency auctions. #ForexAuction #CurrencyStability #DollarSupply

Read more - ow.ly/q8mK50VR0Yy

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All Namibian News

@namibiannews.bsky.social

10 months ago

International reserves at N$59.7 billion amid global headwinds The Bank of Namibia (BoN) says international stock reserves are strong enough to sustain Namibia’s currency against other currencies despite heightened global tensions. The stock of international reserves stood at N$59.7 billion as at the end of March, which is lower compared to N$64.3 billion recorded at the end of January. The decline was due to rising imports and government payments. “This level of foreign reserves translates to an estimated import cover of 3.9 months, which is deemed adequate to sustain the currency peg between the Namibia dollar and the South African rand and to meet the country’s international financial obligations. “It is also above the international benchmark of a country’s foreign reserves holdings of three months,” BoN governor Johannes !Gawaxab said yesterday. The repo rate is maintained at 6.75%. The decision taken by the bank’s monetary policy committee (MPC) is aimed at safeguarding the peg between the Namibia dollar and the South African rand, while supporting the domestic economy amid heightened global policy uncertainty. !Gawaxab said the decision was reached following a comprehensive review of current and expected domestic, regional and global economic developments. Private sector credit extension (PSCE) remained subdued and unchanged at 3.8% since the previous MPC meeting. Prime lending rates are expected to remain at 10.50% by commercial banks. “We are facing uncertain times and turbulence, and trade tariffs will directly and indirectly impact Namibia and the global economy,” !Gawaxab said. He said real gross domestic product (GDP) expanded at a solid pace of 3.7% in 2024, compared to 4.4% in 2023, while the merchandise trade deficit narrowed at N$4.6 billion. Since the start of April this year, the Namibia dollar’s exchange rate against major currencies has, on balance, depreciated primarily due to elevated global uncertainty following the escalation in global trade tensions. The most recent levels of the exchange rate, !Gawxab said, are also weaker than those at the previous meeting as uncertainty remains elevated. The inflation rate has edged up to 4.2% in March 2025, compared to 3.2% recorded in January 2025, driven by housing, food, transport, and alcoholic beverages. !Gawaxab said the average inflation forecasts for both 2025 and 2026 have been revised upwards to 4.2% and 4.5%, respectively, compared to previous forecasts of 4.0% and 4.4%. The upward revision is primarily due to a weaker exchange rate and higher administered price assumptions. The post International reserves at N$59.7 billion amid global headwinds appeared first on The Namibian.

#Namibia #InternationalReserves #CurrencyStability #BankOfNamibia #EconomicGrowth

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Profit Trading USA

@profittradingusa.bsky.social

11 months ago

Taiwan central bank says it will intervene if needed to ensure forex stability TAIPEI (Reuters) - Taiwan’s central bank said on Monday that it will intervene if necessary to ensure the stability of the Taiwan dollar exchange rate and that it has "sufficient ability" to deal with fluctuations, following steep falls in global stock markets. Financial markets around the world have been impacted by fallout from U.S. President Donald Trump’s decision last week to impose sweeping import tariffs. Taiwan’s benchmark stock index plummeted almost 10% on Monday, though the Taiwan dollar gained slightly against the greenback. Taiwan’s central bank said in a statement that it had prepared sufficient liquidity for foreign currency. During previous crises like the COVID pandemic, the central bank said that it stabilised the market through "flexible and effective monetary policies and foreign exchange management" allowing Taiwan to safely weather the turmoil. Speaking to reporters, Eugene Tsai, head of the bank’s foreign exchange department, said that on Monday the bank had offered some liquidity in the foreign exchange market, and there were no "panicked" outflows.

Click Subscribe. #Taiwan #CentralBank #Forex #CurrencyStability #Economy

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Profit Trading USA

@profittradingusa.bsky.social

11 months ago

Click Subscribe. #BankIndonesia #Rupiah #ForexMarket #CurrencyStability #EconomicNews

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Citizen Portal News Wyoming

@citizenptnewswy.bsky.social

1 year ago

Senator Rhine debates gold as an asset amid concerns over US dollar stability Experts debate gold's viability as currency amid concerns over U.S. dollar stability and investment returns.

A heated debate in Wyoming's Senate reveals the complexities and contradictions surrounding gold as a potential asset amidst concerns over the stability of the U.S. dollar.

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#WY #FinancialStrategy #CitizenPortal #AssetManagement #CurrencyStability