Currencies

Currencies

USD/INR loses ground ahead of India’s PMI release

The Indian Rupee strengthens in Tuesday’s Asian session. The Fed’s dovish stance and lower crude oil prices support the INR, but renewed US Dollar demand might cap its upside. Investors brace for India’s HSBC Manufacturing PMI data and Fed’s Powell speech later on Tuesday. The Indian Rupee (INR) edges higher on Monday as the dovish remarks from the US Federal Reserve (Fed) and rising fiscal worries undermine the Greenback. Additionally, a decline in Crude oil prices provides some support to the INR. It’s worth noting that India is the world's third-largest oil consumer, and...
Currencies

EMERGING MARKETS-Taiwan dollar, Malaysian ringgit gain most among Asian currencies

July 1 (Reuters) - The following table shows rates for Asian currencies against the dollar at 0201 GMT. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous Pct day Move Japan yen 143.800 144.01 +0.15 Sing dlr 1.272 1.2711 -0.04 Taiwan dlr 29.275 29.902 +2.14 Korean won 1354.200 1355.3 +0.08 Baht 32.460 32.47 +0.03 Peso 56.172 56.275 +0.18 Rupiah 16170.000 16230 +0.37 Rupee 85.755 85.755 +0.00 Ringgit 4.185 4.21 +0.60 Yuan 7.160 7.1636 +0.05 Change so far in 2025 Currency Latest bid End 2024 Pct Move Japan yen 143.800 157.180 +9.30...
1 149 150 151 152 153 290
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