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Daily Global Foreign Exchange Market News Express (April 8th)

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2024-04-08 07:53:20

1 Zimbabwe will implement a market determined foreign exchange system2 Argentine President Mile: Will not accelerate the monthly depreciation of the peso, lifting capital controls requires the central bank to rectify3 Swedish Bank Governor Teden: The depreciation of the Swedish krone may bring unwelcome inflation shocks. Attention should be paid to the impact of the strong US dollar on the Swedish krone4 President of the Japan Federation of Economic Organizations: The current yen is excessively weak5 Takehiko Nakao, former finance officer of the Japanese Ministry of Finance: The recent speculative weakness of the Japanese yen may trigger intervention at any time if the volatility is fast enough6 Thai Prime Minister Srettha: The GDP growth in the first quarter will not be very high and may be less than 1%. At the central bank meeting on Wednesday, the policy interest rate should be reduced by 25 basis points, or even 50 basis points. Interest rates should have been lowered since the end of last year7 Chauhan, CEO of the National Stock Exchange of India: Investors are flocking to India on a large scale
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