Indonesia pushes local currency settlements as LCT volumes jump 163%
Rising momentum in non-dollar trade settlements The Indonesian government is intensifying efforts to expand Local Currency Transactions (LCT), as volumes...
Currencies
Dollar steady as U.S. blocks Iranian ships, talks continue
The dollar steadied Tuesday as traders weighed the U.S. blockade in the Strait of Hormuz against the prospect of further...
Volatility Stymies Asian Carry Even as Returns Rise, ANZ Says
(Bloomberg) -- Elevated currency swings make carry trades unattractive in emerging Asia, according to Australia & New Zealand Banking Group,...
Asia FX Markets Face Softer Start as Oil Volatility and Risk Aversion Create Critical Pressure
BitcoinWorldAsia FX Markets Face Softer Start as Oil Volatility and Risk Aversion Create Critical Pressure Asian currency markets opened with...
How You’d Bet on Global Currencies Using the “Big Mac” Index
For the 26th year running, The Economist magazine has just published its famed Big Mac Index — a tongue-and-cheek...
Iranian currency Rial hits 1.58 million per US dollar: Economy in freefall after war, civilian sector collapses
Iran’s currency has plunged sharply in the free market, with rates hovering around 15,69,410–15,80,000 Rial per US dollar, underlining deepening...
U.S. naval blockade on Iran will trigger currency devaluation spiral, hyperinflation, analyst says
The U.S. blockade on ships entering or departing from Iranian ports went into effect on Monday, as President Donald Trump...
Global Oil Shockwave: How US-Iran Tensions and Strait of Hormuz Crisis Threaten India With Inflation, Rupee Pressure and Wider Current Account Deficit
Tensions between the United States and Iran have escalated sharply, with both sides effectively locked in a prolonged conflict impacting...
Why You Should Pay Attention to Global Currencies
The relevance of global currency movements is tough for most American investors to get their heads around. Looking to...
India stocks, rupee, swaps, call at close
April 13 (Reuters) - STOCKS: The benchmark BSE Sensex was down 0.91% at 76,847.57, while the broader NSE Nifty 50...
