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TURKEY INSIGHT: Peering into the forex hole – bne IntelliNews

The Turkish central bank’s open swap positions with maturities of up to one month jumped to $18.8bn in February from $9.95bn in January, data from the national lender showed on March 26. The central bank has also ramped up its swap transactions since the coronavirus (COVID-19) outbreak began casting the world[…]

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FOREX-Dollar slows slide as investors seek shelter amid pandemic crisis – Yahoo Finance

* Dollar steady after worst week since 2009 * Yen higher with risk-off mood * Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E By Tom Westbrook SINGAPORE, March 30 (Reuters) – The dollar slowed its descent after a week of declines and the safe-haven yen edged ahead on Monday, as coronavirus[…]

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Yes Bank Crisis Leaves Travellers, Students Using Forex Cards in the Lurch – News18

Image for representation. (Photo Reuters) Students who are out of the country for a longer duration and depend upon prepaid cards for meeting their requirements, also seemed to be affected, with many of them tweeting for help. PTI Mumbai Last Updated: March 11, 2020, 7:58 PM IST Share this: Yes[…]

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Covid-19 impact: HDFC, ICICI urge customers to use digital banking services – Business Standard

Private sector banks HDFC and ICICI have asked customers to use digital means for transactions and said they have reduced their staff in office as a precautionary measure against the spread of coronavirus. HDFC Bank has changed its working hours and will function from 10 am to 2 pm till[…]

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