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Domestic, global headwinds challenge Indian central bank's fx intervention

RPT-Domestic, global headwinds challenge Indian central bank's fx intervention Repeats story published on Dec. 13; no changes to text By Nimesh Vora and Jaspreet Kalra MUMBAI, Dec 13 (Reuters) - The Reserve Bank of India's efforts to slow the rupee's decline have been relentless but its already-stretched strategy is now challenged by weak economic growth, tepid foreign inflows and a buoyant dollar's threat to Asian currencies, especially the Chinese yuan.
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Domestic, global headwinds challenge Indian central bank's fx intervention

RPT-Domestic, global headwinds challenge Indian central bank's fx intervention Repeats story published on Dec. 13; no changes to text By Nimesh Vora and Jaspreet Kalra MUMBAI, Dec 13 (Reuters) - The Reserve Bank of India's efforts to slow the rupee's decline have been relentless but its already-stretched strategy is now challenged by weak economic growth, tepid foreign inflows and a buoyant dollar's threat to Asian currencies, especially the Chinese yuan.
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Domestic, global headwinds challenge Indian central bank's fx intervention

Domestic, global headwinds challenge Indian central bank's fx intervention By Nimesh Vora and Jaspreet Kalra MUMBAI, Dec 13 (Reuters) - The Reserve Bank of India's efforts to slow the rupee's decline have been relentless but its already-stretched strategy is now challenged by weak economic growth, tepid foreign inflows and a buoyant dollar's threat to Asian currencies, especially the Chinese yuan.
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Hong Kong home prices rise in Oct, ending five-month decline

Hong Kong home prices rise in Oct, ending five-month decline HONG KONG, Nov 27 (Reuters) - Hong Kong's home prices rose in October, halting a five-month decline in an early sign that the struggling property market could bottom out after an interest rate cut and an easing of mortgage rules. WHY IT'S IMPORTANT Housing demand in Hong Kong, one of the world's most unaffordable cities, has lost steam since May after a short-lived bounce when all property purchase curbs were lifted in February.
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Hong Kong central bank cuts interest rate after Fed move, banks follow

UPDATE 2-Hong Kong central bank cuts interest rate after Fed move, banks follow Add banks' move in paragraph 2, HSBC comment in paragraph 3 HONG KONG, Nov 8 (Reuters) - The Hong Kong Monetary Authority (HKMA) on Friday cut by 25 basis points its base rate charged via the overnight discount window, to 5.0%, tracking a move by the U.S. Federal Reserve .
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Hong Kong central bank cuts interest rate after Fed move, banks follow

UPDATE 2-Hong Kong central bank cuts interest rate after Fed move, banks follow Add banks' move in paragraph 2, HSBC comment in paragraph 3 HONG KONG, Nov 8 (Reuters) - The Hong Kong Monetary Authority (HKMA) on Friday cut by 25 basis points its base rate charged via the overnight discount window, to 5.0%, tracking a move by the U.S. Federal Reserve .
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Indian rupee traders less worried about US elections than rest of Asia

Indian rupee traders less worried about US elections than rest of Asia By Nimesh Vora MUMBAI, Nov 4 (Reuters) - The options market is indicating that the Indian rupee traders were not too concerned about the potential flare-up in volatility post the U.S. elections, a distinct contrast to other Asian currencies. The 1-month implied volatility on the dollar/rupee pair was at 2.3% on Monday, a day before the U.S.
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What's at stake for China's markets at the US election

FACTBOX-What's at stake for China's markets at the US election Oct 30 (Reuters) - China's currency and equities will bear the brunt of a protectionist shift in the U.S. and are seen trading sensitively to the election's trade and foreign policy implications. Investors say a win for Donald Trump, particularly if accompanied by a Republican sweep of Congress, is expected to squeeze the yuan and shares in export sectors.
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China's massive spending may dilute its currency

BUZZ-COMMENT-China's massive spending may dilute its currency Oct 29 (Reuters) - China is considering issuing over 10 trillion yuan ($1.4 trillion) in extra debt in the next few years to revive its fragile economy, a move that may dilute its currency. While such enormous spending will lend the ailing economy some support, an injection of cash on this magnitude should logically weigh on the yuan which is already close to a record low versus the U.S.
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Hong Kong home prices decline for fifth month in Sept

Hong Kong home prices decline for fifth month in Sept HONG KONG, Oct 29 (Reuters) - Hong Kong's home prices dropped for the fifth consecutive month in September, official data showed on Tuesday, in a struggling property market that realtors expect to bottom out soon after an interest rate cut and the government's easing policies. WHY IT'S IMPORTANT Housing demand in Hong Kong, one of the world's most unaffordable cities, has lost steam since May after a short-lived bounce when all property purch
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China's yuan inches higher as PBOC support offsets dollar strength

China's yuan inches higher as PBOC support offsets dollar strength SHANGHAI, Oct 10 (Reuters) - China's yuan inched higher against the dollar on Thursday, as the central bank's latest move to prop up the equity market buoyed investor sentiment and offset broad greenback strength. China's central bank said earlier in the day that it would start accepting applications from financial institutions to join a newly created funding scheme, initially worth 500 billion yuan, to aid the capital market.
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Hong Kong sees challenges for the retail sector as August sales fall 10%

UPDATE 1-Hong Kong sees challenges for the retail sector as August sales fall 10% Adds detail, government comment HONG KONG, Oct 3 (Reuters) - Hong Kong's August retail sales fell 10.1% from a year earlier, government data showed, reflecting a relatively strong Hong Kong dollar, the changing consumption patterns of residents and their increased travel abroad during holidays.
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Hong Kong central bank cuts interest rate, tracks Fed move

UPDATE 3-Hong Kong central bank cuts interest rate, tracks Fed move Adds major banks' move in paragraph 6, economist comment in paragraph 7 and brokerage comments in paragraph 9 HONG KONG, Sept 19 (Reuters) - The Hong Kong Monetary Authority (HKMA) on Thursday cut its base rate charged via the overnight discount window by 50 basis points to 5.25%, tracking a move by the U.S.
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Hong Kong interbank rates edge down to milestone lows

RPT-Hong Kong interbank rates edge down to milestone lows Repeats, no change to text SINGAPORE, Sept 16 (Reuters) - Hong Kong interbank rates inched down on Monday, hitting the lowest levels in years as investors anticipate U.S. interest rate cuts and keep cash levels flush in the city. The overnight Hong Kong interbank offered rate (HIBOR) fell 21 basis points to a one-year low around 2.44% HIHKDOND= .
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Hong Kong interbank rates edge down to milestone lows

Hong Kong interbank rates edge down to milestone lows SINGAPORE, Sept 16 (Reuters) - Hong Kong interbank rates inched down on Monday, hitting the lowest levels in years as investors anticipate U.S. interest rate cuts and keep cash levels flush in the city. The overnight Hong Kong interbank offered rate (HIBOR) fell 21 basis points to a one-year low around 2.44% HIHKDOND= .
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