Currencies

Currencies

Why it matters that the U.S. dollar is the world’s reserve currency

Whether you want a strong U.S. dollar or a weaker U.S. dollar depends on where you stand. If you run a company that sells overseas, a weaker dollar helps you, because it makes your products cheaper for foreigners to buy, and you might sell more. But let’s say you’re traveling to Europe and looking forward to a shopping spree — a stronger U.S. dollar makes the whole thing cheaper.What many Americans can agree on is that maintaining the U.S. dollar’s status as the world’s reserve currency is crucial. There are...
Currencies

Asia and Europe did not share North America’s enthusiasm for the Dollar

Overview: There has been little follow-through dollar buying today after its recovery in North America yesterday. The greenback is softer against most of the G10 currencies. The Antipodeans are lagging alongside the Norwegian krone, perhaps weighed down by the sharp drop in oil prices following President Trump's indication and a deal with Iran may be near. Switzerland reported stronger-than-expected Q1 GDP, and the franc is the strongest of the G10 currencies followed by the Japanese yen. Most emerging market currencies are firmer. The handful of exceptions in China, India, Thailand,...
Currencies

JPY To EUR: Convert Japanese Yen to Euro

Japanese Yen to Euro JPY EUR 1 JPY 0.006143 EUR 5 JPY 0.030715 EUR 10 JPY 0.06143 EUR 25 JPY 0.153575 EUR 50 JPY 0.30715 EUR 100 JPY 0.6143 EUR 500 JPY 3.0715 EUR 1,000 JPY 6.143 EUR 5,000 JPY 30.715 EUR 10,000 JPY 61.43 EUR 50,000 JPY 307.15 EUR Euro to Japanese Yen EUR JPY 1 EUR 162.786911932 JPY 5 EUR 813.934559661 JPY 10 EUR 1,627.869119323 JPY 25 EUR 4,069.672798307 JPY 50 EUR 8,139.345596614 JPY 100 EUR 16,278.691193228 JPY 500 EUR 81,393.45596614 JPY 1,000 EUR 162,786.911932281 JPY 5,000 EUR...
Currencies

AMP, ATH lead market gains as broader crypto market cools

Collateral token Amp registers the highest gains in the last 24 hours among the top 200 cryptos by market capitalization.Artificial Intelligence token Aethir holds steady despite the overbought RSI and resistance at $0.054.Helium struggles to hold onto gains, dropping to $4.00 as upside risks surge under the 200-day EMA resistance.The cryptocurrency market is taking a breather on Thursday after sustaining gains for almost two weeks, buoyed by heightened risk-on sentiment amid easing trade tensions between the United States (US) and China. While most top currencies are either stable or losing...
Currencies

How Orient Exchange Evolved into One of India’s Most Trusted Foreign Exchange Brands – ThePrint – ANIPressReleases

VMPL New Delhi , May 15: In today’s globalized world, where international travel, education, and business are part of everyday life, the need for trustworthy and accessible foreign exchange services has never been greater. At the heart of this evolution stands Orient Exchange, a brand that has steadily grown into one of India’s most trusted names in the forex industry — combining decades of experience, regulatory compliance, and unmatched service delivery. Show Full Article A Legacy Built on Trust and Compliance Established with a mission to simplify foreign currency exchange...
Currencies

Reliance Industries Secures $2.9 Billion Dual-Currency Loan From; Check Details Here

Reliance Industries, led by billionaire Mukesh Ambani, has raised a dual-currency syndicated loan totaling approximately $2.9 billion, marking the largest offshore borrowing by an Indian company in more than a year, according to a Bloomberg report. Finalised on May 9, 2025, the financing deal is structured in two tranches: a $2.4 billion portion denominated in US dollars and a second tranche of 67.7 billion Japanese yen, equivalent to approximately $462 million, the report added. The loan attracted participation from 55 banks, forming the largest lending consortium for a syndicated loan...
Currencies

Asian Currencies Rise as Weak Dollar and Trade Concerns Weigh on Markets

Asian currencies gained ground on Thursday, led by a strong rebound in the South Korean won, as the U.S. dollar weakened amid uncertainty over trade negotiations and the Federal Reserve’s interest rate trajectory. The U.S. Dollar Index dipped 0.2%, extending a week-long slide sparked by soft inflation data and market jitters over U.S. fiscal policy. Analysts at ING noted that while the dollar attempts to recover from April’s sharp drop, concerns over unfunded tax cuts and broader policy risks are likely to limit upside momentum. The South Korean won outperformed...
Currencies

Mukesh Ambani’s Reliance Secures $2.9 Billion Loan – Largest Offshore Deal By An Indian Firm Since 2023

Reliance Raises 2.9 Billion From 55 Global BanksReliance Industries chairman Mukesh Ambani has secured a dual-currency borrowing of $2.9 billion-equivalent, a Bloomberg report said. This stands as the largest offshore loan raised by an Indian company in over a year. The agreement was signed on May 9. The loan has been divided into two parts: $2.4 billion tranche in US dollars and a 67.7 billion yen (approximately $462 million) tranche in Japanese yen.About 55 banks have joined the syndicated loan facility for Reliance Industries, making it the largest such bank...
Currencies

Dollar Drama: The Tug-of-War in Global Currency Markets

The value of the dollar saw fluctuations on Thursday during a week marked by a tariff truce between the U.S. and China. Speculation arose regarding Washington's potential strategy to weaken the dollar, affecting the South Korean won which showed volatility amid discussions between U.S. and South Korean officials.Investors remain uneasy over U.S. dollar policy, potentially supporting Asian currencies in the short term. The South Korean won rose 0.8% against the dollar, bouncing back from previous losses. This movement mirrors Taiwan's currency surge after U.S.-Taiwan trade negotiations.The dollar displayed mixed...
Currencies

Asian shares are mostly lower after a mixed session on Wall Street

Asian shares and U.S. futures slipped Thursday after U.S. stocks drifted to a mixed close on Wall Street.Oil prices fell more than $1 a barrel. China moved to reverse some of its “non-tariff” measures against the U.S. as agreed with Washington in their temporary trade war cease-fire and most markets traded in a narrow range.Japan’s Nikkei 225 index dropped 1.1%, however, to 37,705.74. Computer chip-related stocks were among the biggest decliners, with Disco Corp. falling 2.6% and Advantest down 1.8%. Hong Kong’s Hang Seng was the outlier, picking up 0.2%...
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