Banks vie to manage Japan's foreign exchange reserves

Financial Times: The yen fell to a record low against the euro on Tuesday as a Japanese official acknowledged the growing role of the country's retail flows in the foreign exchange market. >> full story

Viewpoint: A new bubble arises in Asia

International Herald Tribune: Ten years after the start of the Asian crisis, the region's $3 trillion-plus of foreign-exchange reserves are having noticeable effects. >> full story

China scraps rules encouraging foreign exchange inflows

International Herald Tribune: With its capital and current account surpluses soaring, Beijing is trying to reverse inflows to ease upward pressure on the yuan. >> full story

Reserve Bank finds new way to sell dollar

New Zealand Herald: The Reserve Bank says it continues to reserve the right to intervene directly in the foreign exchange market, but has signalled it will adopt more moderate strategies in future. The central bank said today it would hold some of...full story

Banks vie to manage Japan's foreign exchange reserves

Telegraph: Investment banks are lining up to pitch for what could ultimately become one of the world's biggest fund-management mandates: helping the Japanese government improve returns on its near $1 trillion pool of foreign-exchange reserves. >> full story



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