A new study has uncovered why FX carry trade strategies persistently deliver returns, helping solve a mystery that has long vexed academics. Carry trade strategies, in which the purchase of ...

Turkey’s central bank on March 31 launched three FX swap auctions worth $10bn with local lenders, according to media reports. A $5bn one-week auction was announced as value-today (same day or T+0 ...

FX swaps markets are the single largest part of the global foreign-exchange market, registering meaningful growth over the years and accounting for 51% of the $7.5 trillion daily industry. Despite its ...

(Bloomberg) — Turkey restarted foreign-currency swap transactions with local banks for the first time in a year, after a drawdown in reserves fueled by a broad selloff across emerging markets amid the ...