Currencies

At the Mint Horizons session in Pune, experts urged Indian investors to move beyond home-market bias and adopt a more globally diversified approach. The event gathered voices from journalism, asset management, and fintech to make a clear case for international investing—even as regulatory caps and practical barriers remain.The Mint Horizons series, which has covered Mumbai, Delhi, and Bengaluru, aims to help investors navigate the realities of today's interconnected markets, where geopolitical shifts, interest rate changes, and technological trends can reshape returns. Watch the highlights below,The case for global allocationNeil Borate,...

The US dollar will continue to exist in the global trade, said the official | Photo Credit: SUKREE SUKPLANG BRICS nations will work on increasing their understanding of the importance of having an alternative mechanism to do trade in national currencies to protect against geopolitical vulnerabilities, but the process is not the same as de-dollarisation, a senior MEA official has said “The dollar (US) will continue to exist in the global trade. It’s the most dominant currency. I don’t think there’s a competition there. It’s just that countries will look for...

A monetary surprise in the first half of the year, the Russian Ruble (RUB) has established itself as one of the world's best-performing currencies. A performance that may seem paradoxical for an economy under Western sanctions, deeply entangled in Vladimir Putin’s war in Ukraine and penalized by falling Oil exports.Behind this solid performance of the Ruble lies a more nuanced economic reality, one that may even give cause for concern in the medium term.A spectacular leap for the Russian RoubleThe Russian Ruble has soared in the first half of 2025,...

EUR/USD fluctuates in a narrow channel above 1.1700 on Monday.The near-term technical picture suggests that the bullish bias remains unchanged.Comments from central bankers could trigger the next big action in the pair.EUR/USD seems to have entered a consolidation phase above 1.1700 on Monday following the previous week's impressive rally. Euro PRICE This month The table below shows the percentage change of Euro (EUR) against listed major currencies this month. Euro was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -2.95% -1.39% 0.13% -0.98%...

Chainlink trades in the red on Monday, giving up the gains from Sunday. On-chain data displays strong resistance levels at higher prices, while rising optimism in derivatives boosts Open Interest.The technical outlook highlights that Chainlink is at a crossroads amid a short-term surge in supply.Chainlink (LINK) edges lower by over 2% at press time on Monday, starting the week on a declining trend after posting gains during the weekend. Both the technical outlook and on-chain data show overhead supply pressure that could lead Chainlink to extend the pullback, crushing the Open...

The beginning of the week will be quite dynamic, with flash inflation releases in several CEE countries. In fact, June inflation numbers will be flowing throughout the week. On Monday, Croatia and Serbia will publish retail sales and industrial output growth in May. Serbia will also release its May trade balance. Later in the week, trade data will be published by Hungary and Slovenia. Hungary will also release industrial production in May at the end of the week. On Wednesday, Poland’s central bank is to hold a rate-setting meeting; we...

In brief New rules are set to take effect in August, requiring licenses for fiat-referenced stablecoin issuers operating in the city. Financial Secretary Paul Chan has linked stablecoins to de-dollarization and regional trade in local currencies. Analysts say high capital and reserve requirements may deter global issuers like Circle and Tether. Hong Kong has reaffirmed its support for stablecoins as it prepares to implement a new regulatory regime for fiat-referenced issuers in August, a move that some believe could stifle aspirations for larger players and challenge U.S. dollar dominance in...

Gold prices rose in India on Monday, according to data compiled by FXStreet. The price for Gold stood at 9,010.69 Indian Rupees (INR) per gram, up compared with the INR 8,998.38 it cost on Friday. The price for Gold increased to INR 105,098.90 per tola from INR 104,955.30 per tola on friday. Unit measure Gold Price in INR 1 Gram 9,010.69 10 Grams 90,107.03 Tola 105,098.90 Troy Ounce 280,269.10   Daily Digest Market Movers: Gold price gains momentum on increased optimism of a Fed rate cut “The slowdown in geopolitics...

India witnessed a strong increase in its overseas financial assets during the financial year 2024-25, mainly driven by higher overseas direct investments, currency and deposits, and reserve assets, according to the latest data released by the Reserve Bank of India (RBI).The data also highlighted that more than 72 per cent of the total growth in India's foreign financial assets came from these three components, with reserve assets alone accounting for over 54 per cent of the increase.Currency and deposits, along with direct investments, also contributed significantly to the overall growth...

Most Asian currencies strengthened on Monday, supported by signs of improving Chinese business activity and continued weakness in the U.S. dollar. The dollar slipped further as investors ramped up expectations of a Federal Reserve interest rate cut and remained wary of rising U.S. debt levels. The dollar index fell 0.2% in Asian trading, hovering near a three-year low. Fed rate cut bets surged, with CME FedWatch showing a 25 basis point cut likely by September. This comes despite May’s inflation uptick and Fed Chair Jerome Powell’s recent dismissal of immediate...