Currencies

AUD/JPY consolidates for third day but lifts 0.21% as high-beta FX gain on peace news.Trump confirms full ceasefire between Israel and Iran via social post.Pair eyes June high at 94.83; break above 95.00 could expose 97.32 and 99.15 YTD peak.The AUD/JPY consolidates within the 93.80-94.70 range for the third straight trading day, yet it is slightly up 0.21%, trading at 94.35 as Tuesday’s Asian session begins.Breaking news revealed that US President Donald Trump posted on his social network that Israel and Iran had fully agreed to a total ceasefire, which...

(MENAFN- Asia Times) A targeted US military strike on Iranian military assets has reignited geopolitical risk in global markets, and the immediate fallout is being felt most acutely across emerging Asia. Asian currencies, equities and bonds are under renewed pressure as investors price in higher energy costs, a potential capital exodus and a delayed path to monetary easing. The Bloomberg Asia Dollar Index dropped 0.3%, its largest single-day decline in weeks. The South Korean won and Indonesian rupiah led regional currency losses, while equity markets from Manila to Seoul posted...

100+ speakers, 900+ attendees, and a limitless appetite for innovation: DappCon 2025, hosted by Gnosis, was one of the best Web3 events of the year.DappCon 2025, hosted by Gnosis, brought together the brightest minds in Web3 for a deep dive into the evolving landscape of decentralized technologies. With over 80 speakers ranging from protocol architects to privacy advocates and user experience researchers, the conference spotlighted the next generation of blockchain applications, and the trust, infrastructure, and philosophy required to build them.Circles 2.0: Reimagining community currenciesAmong the standout sessions was a...

A recent judgement finds that Bitcoin can’t be regulated under apartheid-era exchange control rules. The South African Reserve Bank (SARB) is appealing a Pretoria High Court ruling that set aside its forfeiture of more than R16.4 million held by Standard Bank, ruling that apartheid-era exchange control regulations can’t be used to deal with modern-day crypto-currency transactions.Standard Bank had taken SARB to court, arguing that the central bank could not lawfully forfeit funds it held as collateral for a R40 million overdraft it granted to the now defunct Leo Cash and...

MUMBAI, June 23 (Reuters) - The Indian rupee declined on Monday alongside Asian currencies, as investors turned to safe-havens such as the U.S. dollar amid escalating tensions in the Middle East, although a retreat in crude oil prices helped cushion their losses.Market participants remained focused on Iran's response to U.S. attacks on its nuclear sites. Sign up here.The rupee closed at 86.75 against the U.S. dollar, down 0.2% from its close at 86.5850 in the previous session.Brent crude oil futures hit a five-month peak of $81.40 per barrel earlier in...

23 Jun 2025 10:47 Share of national currencies in Belarus's settlements with EAEU partners reaches 95% - National Bank head MINSK. June 23 (Interfax) - Belarus devotes special attention to increasing the share of settlements between partners in national currencies, with the current figure for the country standing at 95%, National Bank of Belarus Board Chairman Roman Golovchenko said. "Regarding our country, there's no issue - 95% of our foreign trade settlements with EAEU countries are conducted in national currencies. In Russian rubles, Kazakh tenge, Belarusian rubles. Ninety-five percent is...

India’s foreign exchange reserves provide a crucial cushion against geopolitical turmoil, inflation, and currency pressure, says RBI member. | Photo Credit: iStockphoto India’s $700 billion in foreign exchange reserves gives the economy a crucial cushion against rising geopolitical turmoil, a member of India’s rate-setting panel said, as hostilities in the Middle East continue to deepen. Ram Singh, an external member of the monetary policy committee with the Reserve Bank of India, said in an interview with the Economic Times newspaper that he expects the country’s foreign-exchange buffer to help blunt the...

USD/CAD strengthens as the direct involvement of the US in Middle East tensions has increased the safe-haven demand.US President Trump confirmed that Washington’s military forces have launched airstrikes on Iran.The Oil price is expected to benefit from rising Oil prices.The USD/CAD pair extends its winning streak for the fifth trading day on Monday. The Loonie pair gains as demand for safe-haven assets, such as the US Dollar (USD), has increased after the direct involvement of the United States (US) into the aerial war between Israel and Iran over the weekend.The...

The Indian Rupee slumps to near 86.85 at open against the US Dollar as rising crude prices have battered the former.Iran threatens to close the Strait of Hormuz following the US attack on Tehran’s nuclear facilities.Fed’s Waller supports reducing interest rates in the July policy meeting.The Indian Rupee (INR) opens on a bearish note against the US Dollar (USD) and jumps to near 86.85 at the start of the week. Investors were bracing for a significant negative opening of the USD/INR pair, following the risk-off market sentiment and a sharp...

Most Asian currencies fell on Monday as the U.S. dollar strengthened in the wake of American strikes on three Iranian nuclear facilities, stoking demand for safe-haven assets. The dollar index added roughly 0.3% in early Asian trade, extending last week’s rise after several Federal Reserve officials signaled interest rates may stay higher for longer. Investors now look to Fed Chair Jerome Powell’s testimony before Congress on Tuesday and Wednesday for policy clues. Safe-haven flows favored the greenback even as traditional refuges such as gold and the Japanese yen weakened. Tehran’s...