#FX Market
Total 2 articles
EconomyEN
Bank of Korea Taps 12 Banks for 2026 Won-Yuan Market, Deepening Non-Dollar Trade
The Bank of Korea has named 12 market-making banks for the 2026 won-yuan direct trading market, a move aimed at reducing U.S. dollar dependency and cutting costs in trade with China.
EconomyEN
Yen Jumps to 156 as Minister Signals 'Free Hand' for Intervention
The Japanese yen rallied to the 156-per-dollar level after Finance Minister Satsuki Katayama said Japan has a "free hand" to counter its depreciation, signaling a heightened risk of currency market intervention.