India FX Reserves, USD declined to $350.37B in February 15 from previous $351.83B

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Feb 26, 2016

EUR/USD unmotivated near 1.10, German CPI on sight

The upside momentum around the common currency seems to have evaporated during the European morning, relegating EUR/USD to the current 1.1025/20 band...

PBOC’s Zhou plans to allow direct FX trading of Yuan and Korean Won in H1 2016

At the G20 meeting in China, PBOC Governor Zhou Xiaochuan noted that the central bank is aiming to start direct yuan trading against South Korea won in interbank market first half this year.