Currencies

05 de março de 2025, 22:21 hCompartilhe no BlueskyCompartilhe no ThreadsApoie o 247Siga-nos no Google News247 - The Brazilian real recorded the best performance among the world's major currencies against the dollar this Wednesday (5), appreciating by 2.72%. This movement reinforces that the supposed "fears" regarding the generation of formal jobs in Brazil in January and the ministerial reform of Lula’s government were, at the very least, exaggerated — and, at most, a strategy of financial terrorism.Moreover, the central government achieved a primary surplus of R$ 84.882 billion in January,...

Is the dollar the right answer for the region?  During his campaign, Argentine President Javier Milei promised to close the country’s central bank and adopt the dollar as the country’s currency. Once elected, he changed his strategy. The natural dollarization approach involves restrictions on the supply of pesos, forcing Argentines to use their dollar reserves to pay for everyday expenses. With the peso stabilized, inflation reached 117% in December 2024, down from 292% from the year’s high in April, and the use of the dollar is expected to increase, including...

Returns for Indian investors in US stocks are a combination of two factors: market performance and currency depreciationread moreThe Indian rupee’s steady decline against the US dollar has been a subject of concern for policymakers, businesses and consumers alike. The currency recently breached the Rs87 mark, having fallen from Rs74.5 on January 1, 2022, to Rs87.39 as of March 3, 2025. This depreciation has led to higher import costs, a widening trade deficit and pressure on India’s current account balance. However, for Indians looking to invest in US markets, this...

Indian startup Mintoak, which provides merchant payment services to lenders, said it has bought Digiledge, marking the first acquisition in the nascent central bank digital currency space in a deal that sources said was worth around $3.5 million.The Reserve Bank of India started a pilot for the CBDC, or e-rupee, a digital alternative to physical currency, in December 2022, and last April, it expanded the scope of transactions to payment firms from having limited it to just banks initially. PayPal and HDFC Bank backed Mintoak has completed the acquisition of...

US President Donald Trump on Tuesday once again targetted India for its high tariffs, signalling that negotiations for a trade deal may not yield concessions for New Delhi on sweeping levies such as reciprocal tariffs, which are set to take effect from April 2. He singled out the auto sector, where he said India charges tariffs of over a 100 per cent.“India charges us 100 per cent tariffs; the system is not fair to the US, it never was. On April 2, reciprocal tariffs kick in. Whatever they tax us,...

The Indian Rupee trades flat in Wednesday’s early Asian session.  Renewed USD demand and persistent outflows by foreign institutional investors could undermine the INR.  India’s HSBC PMI and US ISM Services PMI will be the highlights later on Wednesday.  The Indian Rupee (INR) flat lines on Wednesday. The rising US Dollar (USD) buying by foreign banks and Indian importers, especially local oil companies, might exert some selling pressure on the local currency. Furthermore, the ongoing foreign outflows amid increasing global trade tensions could drag the INR lower. Foreign investors have...

There are a few currencies to get to grips with in Mecha Break, but once you understand what each does, they are pretty easy to understand. The three currencies in Mecha Break are Corite, Matrix Credit, and Merit Points, and each does different things. In this guide, we will show you how to obtain and use Corite, Matrix Credit, and Merit Points in Mecha Break. CoriteThere isn't a set-in-stone method of getting Corite. However, the best way to obtain it is through the daily code drop in the Mecha Break...

Mumbai: Non-bank lenders and companies could spend less on foreign-currency loans as the Reserve Bank of India's (RBI) $15-billion dollar-rupee swaps, aimed at boosting domestic liquidity, have also helped reduce the benchmark rate used to price currency risks in the country. The Mumbai Interbank Forward Offer Rate (MIFOR), which gauges currency risk when Indian companies bring dollar funds into India, has fallen over the past month after the RBI bought dollars from banks with an agreement to sell them back three years later, indicating the central bank is ready to...

US President Donald Trump’s latest accusation of China’s trade advantage via yuan depreciation suggests his sights are set on reducing the US trade deficit, according to analysts who also noted that a priority of China’s central bank is stabilising the currency against the backdrop of a strong dollar and mounting tariff risks.They contended that Trump’s warning on Monday – that China and Japan “can’t continue to reduce” their currencies because it is “unfair” to the US – clashes with Beijing’s actual efforts to prevent a sharp yuan depreciation. Japan also...

Economic uncertainty across the globe has led to fluctuations in the currency markets, and there is still no clear understanding among analysts regarding which currencies are likely to become stable haven assets. Recent events, including the US tariff wars with Canada, Mexico, and China, the pause in American military aid to Ukraine, and changing global defense spending priorities, have only made the situation worse, as per CNBC. These factors are being watched very closely by market participants to see how they will impact foreign exchange rates in the coming months.British...