Currencies

Here is what you need to know on Monday, March 24: After outperforming its rivals for three consecutive days, the US Dollar (USD) struggles to find demand at the beginning of the week. Later in the day, S&P Global will publish preliminary Manufacturing and Services Purchasing Managers Index (PMI) data for Germany, the Eurozone, the UK and the US.  US Dollar PRICE Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the Australian Dollar.   USD...

Avalanche (AVAX) price extends its gains by 7%, trading above $21 on Monday after rallying almost 9% the previous week. On-chain metrics suggest a bullish outlook as AVAX’s long-to-short ratio reached its highest in over a month. The technical analysis and funding rates data suggest a rally continuation, targeting 20% additional gains. Bitcoin (BTC) hovers around $85,600 on Monday after recovering 4.25% last week. Ethereum (ETH) and Ripple (XRP) also followed in BTC’s footsteps, hovering around their key levels after recovering almost 7% each the previous week.  Ethereum (ETH) trades above $1,900 on Friday following investors stepping...

 Asian markets swung on Monday as the White House prepares to impose tariffs on key trading partners next week that many fear could deal a painful blow to the global economy.A report saying US President Donald Trump was considering a more targeted approach to the levies, which are expected to kick in on April 2, did little to soothe investors’ nerves, with the uncertainty dealing a blow to confidence.The US leader has sent shivers through markets since resuming power in January by hitting out at long-standing allies and imposing or...

The Indian Rupee gains ground in Monday’s Asian session.  Fresh foreign and USD inflows support the INR.  The preliminary readings of the India HSBC PMI and US S&P Global PMI reports will be the highlights later on Monday. The Indian Rupee (INR) trades stronger on Monday after closing its strongest in over two months. Positive domestic equities and fresh foreign fund inflows could provide some support to the Indian currency. Additionally, the US Dollar (USD) inflows help mitigate the impact of the decline in Asian peers. Nonetheless, a rebound in Crude...

Mumbai: Some of the large banks are blocking plans of Indian promoters to form investment companies abroad.The banks fear such offshore entities are intended to sidestep the curbs on foreign currency remittance and undertake activities which are against the spirit of overseas investment regulations.At least two leading private sector banks have stalled overseas direct investment (ODI) proposals by Indian entities to set up overseas non-banking finance companies (NBFCs), two persons familiar with the discussions with the banks told ET.According to the overseas investment rules, that were framed by the government...

Share Tweet Share Share Email In recent years, with the booming cryptocurrency market, more and more people have begun to pay attention to and participate in cryptocurrency mining. However, traditional mining methods require high hardware costs, professional technical knowledge, and sufficient electricity supply, which undoubtedly excludes many potential users. The cloud mining service launched by ATIL MINING perfectly solves these problems. Users only need to go through a simple registration and purchase process to rent the computing power of professional mining farms for mining, without having to purchase...

New Delhi , March 23 (ANI): India's foreign exchange reserves rose USD 305 million to USD 654.271 billion in the week that ended on March 14. The previous week witnessed the highest weekly gains in over three years. Prior to that, forex reserves had slumped for about four months, recently hitting an 11-month low. Then followed the latest rollercoaster movement, with gains some weeks and declines the next. Forex reserves started falling after touching an all-time high of USD 704.89 billion in September. They are now about 7 percent lower...

Hungarian Forint to British Pound Sterling HUF GBP 1 HUF 0.002107 GBP 5 HUF 0.010535 GBP 10 HUF 0.02107 GBP 25 HUF 0.052675 GBP 50 HUF 0.10535 GBP 100 HUF 0.2107 GBP 500 HUF 1.0535 GBP 1,000 HUF 2.107 GBP 5,000 HUF 10.535 GBP 10,000 HUF 21.07 GBP 50,000 HUF 105.35 GBP British Pound Sterling to Hungarian Forint GBP HUF 1 GBP 474.60844803 HUF 5 GBP 2,373.042240152 HUF 10 GBP 4,746.084480304 HUF 25 GBP 11,865.211200759 HUF 50 GBP 23,730.422401519 HUF 100 GBP 47,460.844803038 HUF 500 GBP 237,304.224015187 HUF 1,000 GBP...

Erode (Tamil Nadu), Mar 22 (PTI) Half a kilo of gold biscuits and 100 foreign dollars were seized from a passenger travelling on an omnibus in Chitode near Erode on Saturday morning, police said. Acting on a tip-off, police intercepted the Hyderabad-Coimbatore bus on the National Highway at Lakshminagar near Bhavani. During the search, they found the gold and foreign currency in a bag belonging to Pugazvasan from Singanallore in Coimbatore. He was taken into police custody along with his belongings, including three mobile phones and a laptop, police added....

Dubai is on the right track by adopting the digital currencies as the increasing number of firms taking benefits of simplifies global trade through digital coins. The recent approval of Circle Internet Group's USD Coin (USDC) and Euro Coin (EURC) as recognized crypto tokens in the Dubai International Financial Centre (DIFC) is a step ahead. This was stated by Lluis Mas, Chairman of Belobaba while talking to media in Dubai and added that “Dubai’s reputation as a global leader in blockchain and fintech adoption is strengthen as over 6,000 firms...