Interbank market news scan: The hryvnia exchange rate continues to strengthen …

Interbank. Pakistan. rupee. Interbank closing rates for the dollar in terms of the rupee. https://www.brecorder.com/news/40203619/dollars-rate-in-interbank-market.

Interbank. China. ICMA. “The International Capital Markets Association (ICMA) has released a guide to China’s repo market, representing the fifth in its series of market practice guides on domestic repo markets in Asia.” Source: Securities Finance Times. https://www.securitiesfinancetimes.com/securitieslendingnews/industryarticle.php?article_id=225863&navigationaction=industrynews.

Interbank. China. yuan. “The central parity rate of the Chinese currency renminbi, or the yuan, strengthened nine pips to ¥7.1086 against the U.S. dollar on Tuesday, the China Foreign Exchange Trade System said.” Source: Peoples Gazette. https://gazettengr.com/exchange-rate-chinese-yuan-now-%C2%A57-1086-to-1/.

Interbank. Ukraine. hryvnia. “The supply of cash to the market has improved, gradually reducing the effect of panic and thus slashing excess demand. So, even despite the large-scale missile attacks on Ukraine on Monday, the hryvnia exchange rate in banks and non-bank exchange outlets continued to strengthen since Tuesday.” Source: Kyiv Post. https://www.kyivpost.com/economics/icu-weekly-insight-18-oct-2022.html.

Primary dealers. Treasurys. buy backs. “The long-simmering idea that the US government should stand ready to buy back Treasury securities from investors to improve market functioning is moving closer to reality.” Source: Bloomberg. https://www.bloomberg.com/news/articles/2022-10-17/momentum-builds-for-creation-of-a-treasury-bond-buyback-program.

Primary dealers. Goldman Sachs. revenues. “Goldman Sachs reported lower profits Tuesday on a big drop in revenues tied to corporate merger advising, but the firm still topped analyst expectations on strong trading revenues.” Source: Barron’s. https://www.barrons.com/news/goldman-sachs-reports-lower-profits-unveils-reorganization-01666097407?refsec=topics_afp-news.