Currencies

The dollar index, which measures the strength of the dollar against a basket of six currencies, fell 0.20 per cent to 97.98. The Iran-Israel war has become the centre of attention of the world currently because of which the prices of crude oil and gold ae increasing tremendously. Amid this, a new war has started in Asia once again. This is the currency war. India's currency rupee gained after falling against the US dollar on Monday.  With the ongoing conflict, prices of crude oil and gold are set to...

The dollar index, which measures the strength of the dollar against a basket of six currencies, fell 0.20 per cent to 97.98. The Iran-Israel war has become the centre of attention of the world currently because of which the prices of crude oil and gold ae increasing tremendously. Amid this, a new war has started in Asia once again. This is the currency war. India's currency rupee gained after falling against the US dollar on Monday.  With the ongoing conflict, prices of crude oil and gold are set to...

A recent surge in global oil prices, driven by geopolitical tensions in the Middle East, has increased pressure on Asian currencies, with analysts warning of heightened downside risks for the Thai baht, Korean won, and Taiwan dollar. According to a note by Barclays Plc, the upward momentum in oil is beginning to weigh heavily on the region’s largely oil-importing economies.In a report released Tuesday, Barclays’ Fixed Income, Currencies and Commodities (FICC) Research team said that a sharp escalation in the Israel-Iran conflict could worsen the outlook further. Barclays flags downside...

HSBC Global Private Banking highlights robust domestic consumption, favorable trade dynamics, and strategic investment opportunities in Indian equities and bonds amid global market volatility Published Date - 17 June 2025, 03:27 PM New Delhi: India continues to shine as a highly attractive destination for global investments in the third quarter of 2025. According to an HSBC Global Private Banking report, India is on track to become the fastest-growing major economy, with GDP expected to reach 6.2% in 2025. Investment Focus: The HSBC report maintains a mild...

Rupee saw a modest gain in early trade on Tuesday, rising 11 paise to settle at 85.93 against the US dollar. This happened even as domestic markets opened weak, global crude prices surged, and the dollar strengthened—factors that usually drag the rupee down. At the interbank foreign exchange market, the local currency opened at 85.96 against the dollar and gained further to 85.93, marking an 11 paise rise from Monday’s close of 86.04. RBI Intervention seen as key support level Experts say the Reserve Bank of India (RBI) is likely...

If you’re planning on growing your business, it’s possible you’ve thought about whether you could potentially sell your goods or services to people in other countries. But if those customers want to pay you in their home country’s currency rather than in yours (and you’re happy to deal with the unpredictability of exchange rates to accommodate this) how do you manage these types of foreign sales in your accounts? Why should you allow payment in foreign currencies, and how do you do this? Overseas customers are usually more inclined to...

BENGALURU: Most Asian currencies inched slightly up on Monday as the dollar lost ground in volatile trading, while equities fell due to the intensifying conflict between Israel and Iran, with investors awaiting several central bank meetings this week. Bank Indonesia is set to announce its monetary policy decision on Wednesday, hours before the US Federal Reserve, and is broadly expected to keep its benchmark interest rate steady after a surprise rate cut last month. The Bangko Sentral ng Pilipinas (BSP) is expected to cut its key policy rate by 25...

Road Town, British Virgin Islands, June 16, 2025 (GLOBE NEWSWIRE) -- In many frontier and emerging markets, local currencies are not a source of stability-they are a source of fear. From Argentina to Nigeria, from Lebanon to Zimbabwe, the value of national currencies has been eroded by inflation, capital controls, and geopolitical instability. As citizens struggle to protect their savings and businesses fight to settle cross-border transactions, one tool is quietly gaining ground: stablecoins. Amid this growing shift, Victus Global has announced the expansion of its FX and stablecoin settlement...

MUMBAI: The Indian rupee experienced choppy trading before ending nearly flat on Monday as a broad based decline in the U.S. dollar blunted risk aversion spurred by the escalation in the Iran-Israel conflict. The rupee closed at 86.0650 against the U.S. dollar, nearly unchanged from its close of 86.08 in the previous session. The South Asian currency hovered in a 85.9525-86.23 range on the day with traders pointing to exporter hedging, oil prices and broad-based dollar weakness among the cues that impacted its trajectory. While “traders were biased towards buying...

NEW YORK :Stock indexes closed higher after last week's losses and a barrel of oil got $1 cheaper on Monday as investors took heart from reports that Iran was seeking to end hostilities with Israel, and stayed confident in their predictions for a busy week of central bank meetings.Oil prices fell after the Wall Street Journal reported Iran was seeking a truce following an attack by Israel on Friday that raised fears of wider conflict, sent oil prices soaring, and weighed on stocks.Sources told Reuters that Iran has asked regional...