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Brazil's antitrust body fines Citibank, Société Générale for currency manipulation

SAO PAULO (Reuters) - Brazil's antitrust watchdog said on Wednesday it will fine the Brazilian units of Citibank and Société Générale (EPA:SOGN) for exchange rate manipulation....
Brazil's antitrust body fines Citibank, Société Générale for currency manipulation © Reuters. The logo for Citibank is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2021. REUTERS/Andrew Kelly

SAO PAULO (Reuters) - Brazil's antitrust watchdog said on Wednesday it will fine the Brazilian units of Citibank and Société Générale (EPA:SOGN) for exchange rate manipulation.

Citibank has committed to pay 71.6 million reais ($13.78 million) and Société will pay 5.57 million reais ($1.07 million) in fines, the watchdog Cade said.

Cade said there was evidence dating back to 2016 of the banks price fixing their currency spreads, and coordinating the purchase and sale of currencies involving the Brazilian real.

($1 = 5.1945 reais)

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09-06-2023 11:05:04 (UTC+7)

EUR/USD

1.0778

-0.0007 (-0.06%)

Summary

Neutral

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EUR/USD

1.0778

-0.0007 (-0.06%)

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GBP/USD

1.2548

-0.0012 (-0.09%)

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USD/JPY

139.25

+0.33 (+0.24%)

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AUD/USD

0.6699

-0.0018 (-0.27%)

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↑ Sell

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USD/CAD

1.3370

+0.0013 (+0.10%)

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EUR/JPY

150.07

+0.28 (+0.19%)

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EUR/CHF

0.9693

0.0000 (0.00%)

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Gold Futures

1,979.10

+0.50 (+0.03%)

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Silver Futures

24.360

+0.012 (+0.05%)

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Copper Futures

3.7770

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70.90

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75.56

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Natural Gas Futures

2.323

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US Coffee C Futures

195.63

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Euro Stoxx 50

4,297.68

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S&P 500

4,293.93

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DAX

15,989.96

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FTSE 100

7,599.74

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Hang Seng

19,339.00

+39.82 (+0.21%)

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Neutral

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US Small Cap 2000

1,880.78

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IBEX 35

9,338.30

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BASF SE NA O.N.

46.870

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51.95

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159.02

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9.136

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158.76

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    EUR/USD 1.0778 Neutral  
    GBP/USD 1.2548 ↑ Sell  
    USD/JPY 139.25 ↑ Sell  
    AUD/USD 0.6699 ↑ Sell  
    USD/CAD 1.3370 ↑ Buy  
    EUR/JPY 150.07 ↑ Sell  
    EUR/CHF 0.9693 ↑ Sell  
    Gold 1,979.10 Neutral  
    Silver 24.360 ↑ Sell  
    Copper 3.7770 ↑ Sell  
    Crude Oil WTI 70.90 ↑ Sell  
    Brent Oil 75.56 ↑ Sell  
    Natural Gas 2.323 Neutral  
    US Coffee C 195.63 ↑ Buy  
    Euro Stoxx 50 4,297.68 ↑ Sell  
    S&P 500 4,293.93 Sell  
    DAX 15,989.96 ↑ Sell  
    FTSE 100 7,599.74 Neutral  
    Hang Seng 19,339.00 Neutral  
    Small Cap 2000 1,880.78 ↑ Buy  
    IBEX 35 9,338.30 ↑ Sell  
    BASF 46.870 Neutral  
    Bayer 51.95 Neutral  
    Allianz 208.90 ↑ Buy  
    Adidas 159.02 ↑ Buy  
    Lufthansa 9.136 ↑ Buy  
    Siemens AG 158.76 ↑ Buy  
    Deutsche Bank AG 9.863 ↑ Buy  
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# So hôm qua # Chênh TG
SJC Eximbank6,660/ 6,700
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SJC HCM6,650/ 6,710
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SJC Hanoi6,650/ 6,712
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SJC Danang6,650/ 6,712
(10/ 10) # 1,114
SJC Nhatrang6,650/ 6,712
(10/ 10) # 1,114
SJC Cantho6,650/ 6,712
(10/ 10) # 1,114
Cập nhật 09-06-2023 11:05:09
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KRW15,7019,13
Cập nhật lúc 11:03:01 09/06/2023
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