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Reserve Bank of India governor says the central bank will offer a four-month concessional FX swap facility.
2026-06-05
Reserve Bank of India governor says the central bank will offer a four-month concessional FX swap facility.
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Other News
2026-06-04
Russian Deputy Prime Minister Novak said Russia would consider banning diesel exports if necessary.
Russian Deputy Prime Minister Novak said Russia would consider banning diesel exports if necessary.
2026-06-05
US Dollar: 1. Fed's Daly: Providing forward guidance is not appropriate at this time. 2. US initial jobless claims rose to 225,000, a new high since February. 3. US companies laid off a total of 97,000 people in May, the highest level for the same
US Dollar: 1. Fed's Daly: Providing forward guidance is not appropriate at this time. 2. US initial jobless claims rose to 225,000, a new high since February. 3. US companies laid off a total of 97,000 people in May, the highest level for the same period since 2020. 4. Fed's Schmid: The key question now is whether the Fed should continue to be patient on interest rates. Other: 1. World Gold Council: Fed rate hikes may unexpectedly benefit gold. 2. Bank of Korea: South Korea's current account surplus in April reached the second highest level on record. 3. Reserve Bank of India kept its benchmark interest rate unchanged at 5.25%, in line with market expectations. 4. Bank of England Governor Bailey: The market may have exaggerated the speed of AI transmission. 5. Czech National Bank raised the countercyclical capital buffer to 1.5%, effective July 1, 2027. 6. The People's Bank of China (PBOC) injected a net 92 billion yuan into the market through reverse repurchase operations on the day, and withdrew a net 682.7 billion yuan from the market for the week. 7. The International Monetary Fund (IMF) reports that the Central Bank of Argentina has purchased $10 billion in foreign exchange since the beginning of 2026. 8. The Governor of the Central Bank of the Philippines stated that policymakers will closely monitor the latest inflation data before deciding whether to raise the benchmark policy rate at their meeting on June 18.
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