Macro Horizons: China's Leaders Worry About Slowdown; Eurozone Pressures …
Macro Horizons covers the main macroeconomic and policy news events affecting foreign-exchange, fixed income and equity markets around the world, as selected by editors in New York, London and Hong Kong. WRAP: As Chinese leaders continue their National …
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Ukraine May Avoid Writedowns in Bondholder Talks, Fitch Says
A plunge in the hryvnia, the world's worst-performing currency in the past year, has spurred panic buying among shoppers and destabilized banks, leading to capital controls and a benchmark interest rate of 30 percent. Photographer: Vincent Mundy …
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Coca-Cola Femsa Takes Foreign-Exchange Hit in Venezuela
Analysts expect the company will have to make further foreign-exchange adjustments down the road as Venezuela has already moved to replace the 50-bolivares rate, known as Sicad II, with a limited free-floating currency market where dollars were …
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Lira Slides Toward Record as Turkey Support Fails to Counter Fed
In addition to reducing lira liquidity, the central bank said on Tuesday it was changing the reserve options mechanism, or ROM, to release more foreign-currency funds into the market. The monetary authority will provide about $ 1.5 billion to banks on …
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