Currencies

Bitcoin (BTC) continues its decline, trading below $82,000 on Monday after falling 4.29% the previous week. Ethereum (ETH) and Ripple (XRP) followed BTC’s footsteps and declined by 9.88% and 12.40%, respectively.  Ripple's XRP is down 7% on Friday following bearish pressure from macroeconomic factors, including United States (US) President Donald Trump's tariff threats and rising US inflation. The downside pressure could accelerate if XRP's on-chain activity fails to pick up amid its rising supply. Avalanche (AVAX) has been under selling pressure in recent days, falling to the $20 support level on Friday,...

March 31 (Reuters) - The following table shows rates for Asian currencies against the U.S. dollar, as of 0202 GMT. Currency Latest bid Previous day Pct Move Japan yen 149.160 149.81 +0.44 Sing dlr 1.340 1.3424 +0.16 Taiwan dlr 33.206 33.097 -0.33 Korean won 1469.500 1469.9 +0.03 Baht 33.868 33.93 +0.17 Peso 57.275 57.36 +0.15 Yuan 7.255 7.263 +0.11 Change so far in 2025 Currency Latest bid End 2024 Pct Move Japan yen 149.160 157.180 +5.38 Sing dlr 1.340 1.3652 +1.87 Taiwan dlr 33.206 32.781 -1.28 Korean won 1469.500 1472.300...

BRASILIA: Most Latin American currencies and stocks were set for weekly losses on Friday, as risk-sentiment remained weak after US President Donald Trump’s latest volley of tariffs, while markets also assessed an inflation reading out of the United States. Mexico’s peso hit its lowest level in over three weeks, with Friday’s decline of 0.5% setting the peso for its fourth straight day of declines. Brazil’s real weakened 0.4%, on pace for its first weekly decline in four. Investors in Latin America’s biggest economy would also be watching official data which...

The shock waves that President Donald Trump has sent to American allies and trading partners have also raised questions about U.S. assets, including the dollar. While the greenback isn’t expected to lose its status as the world’s dominant currency anytime soon, fresh doubts are creeping in as the world weighs how reliable the U.S. will be in future. The world is having trust issues with America, and they could spill over to financial markets, including the almighty dollar. For now, the dollar remains the dominant currency in global reserves and...

Bureau De Change (BDC) operators have revealed that despite the naira’s gains at the foreign exchange market during the week, the local currency is still suffering from a loss of confidence.The licensed currency traders said that although it is usually a good development to see the naira gaining strength against other foreign currencies, it however, noted that the local currency is overburdened by devaluation at the official market and depreciation at the open market.This was made known by the President of the Association of Bureau De Change Operators of Nigeria...

Fake Notes in Delhi's Sarojini Market? (Representative Image)Photo : iStockLocated in southwest Delhi, Sarojini market is a popular market for shopping clothes, home decor items and eating outlets. Recently, the Delhi Police received a tip-off that there had been a circulation of fake currency with the market’s premises. This prompted the officials to launch an investigation into the matter. Following which, two women were arrested with fake notes, the police said on Saturday. The police said they also seized 33 Fake Indian Currency Notes (FICN) of Rs 100 denomination from...

New Delhi, Mar 30 (PTI) Two women were arrested for allegedly circulating counterfeit currency in southwest Delhi’s Sarojini Nagar Market, the police said on Sunday. They also seized 33 Fake Indian Currency Notes (FICN) of Rs 100 denomination from the accused. Rani Jha (22) of Faridabad in Haryana and 29-year-old Akaansha Desai from Garacharama village in the Andaman and Nicobar Islands were arrested on the basis of tip-off. Show Full Article A police team patrolling the market on foot nabbed the accused on March 19.“The accused admitted to using the...

As US stock prices tumbled this month, John Sidawi, a fund manager at Federated Hermes, noticed something strange. The US dollar, long a go-to hiding place during market selloffs, wasn’t rallying this time as investors rushed for safety. It was sinking too, and fast, as hot money poured into gold, the yen, European stocks – almost anywhere but the US.“It’s unusual and very telling,” said Sidawi, who helps oversee bond investments at the firm. “The dollar, in an environment where it should be acting like a safe haven, is not.”That, as...

Hungarian Forint to United States Dollar HUF USD 1 HUF 0.00269 USD 5 HUF 0.01345 USD 10 HUF 0.0269 USD 25 HUF 0.06725 USD 50 HUF 0.1345 USD 100 HUF 0.269 USD 500 HUF 1.345 USD 1,000 HUF 2.69 USD 5,000 HUF 13.45 USD 10,000 HUF 26.9 USD 50,000 HUF 134.5 USD United States Dollar to Hungarian Forint USD HUF 1 USD 371.747211896 HUF 5 USD 1,858.73605948 HUF 10 USD 3,717.472118959 HUF 25 USD 9,293.680297398 HUF 50 USD 18,587.360594796 HUF 100 USD 37,174.721189591 HUF 500 USD 185,873.605947955 HUF 1,000 USD...

Everyone has been hyping up Central Bank Digital Currency (CBDC), and rightly so. Governments worldwide are betting big on digital currencies, but here’s the reality—most of them have struggled. China’s Digital Yuan isn’t seeing real adoption, Nigeria’s eNaira flopped, and Europe is still debating the Digital Euro. So, does India stand a chance? Absolutely but with some changes. And here’s why—India already cracked the code with UPI.If we apply the same logic and build CBDC into the existing financial ecosystem rather than competing with it to open new avenues where...