“Forget Buenos Aires,” said Alicia Garcia-Herrero, Natixis’ chief economist for the Asia Pacific region. She said Japan will gain in the short term due to tariffs but the broader picture, however, is quite complicated.
Getting the jump on FX movements is an artform: it involves finding common themes in disparate narratives and knitting them into real world scenarios. CT looks at some of the meatier metrics.
Japan grants cryptocurrency body regulatory powers; blockchain firms in China need to register identities; Trading begins at Shenzhen-based HKEx owned commodities exchange.
India’s central bank increased the repo rate for the second time in two months, but the potential for a slowdown means these rate increases could also be reversed.
The RBI will let non-residents participate in the interest rate swap markets, introduce a mandatory loan component in working capital finance and allow rupee 'swaptions'
Corporates facing bankruptcy in India will get a second chance before landing in insolvency court after RBI approves ‘provisional ratings’ based on restructure agreements.
The central bank seeks to establish a list of commodities that can be hedged by all companies with direct exposure. In step, it also plans to allow greater FX hedging activity.
India's central bank follows up an initiative to develop financial markets by simplifying how non-resident companies with less than $ 30 million of exposure do their hedging.
India's central bank has reopened the flow of offshore rupee-denominated bond sales, but treasurers are more worried about rules preventing deals with related parties
