Currencies

United States Dollar to Ripple USD XRP 1 USD 0.50116521 XRP 5 USD 2.50582605 XRP 10 USD 5.0116521 XRP 25 USD 12.52913025 XRP 50 USD 25.0582605 XRP 100 USD 50.116521 XRP 500 USD 250.582605 XRP 1,000 USD 501.16521 XRP 5,000 USD 2,505.82605 XRP 10,000 USD 5,011.6521 XRP 50,000 USD 25,058.2605 XRP Ripple to United States Dollar XRP USD 1 XRP 1.995349996 USD 5 XRP 9.976749982 USD 10 XRP 19.953499965 USD 25 XRP 49.883749912 USD 50 XRP 99.767499823 USD 100 XRP 199.534999646 USD 500 XRP 997.674998231 USD 1,000 XRP 1,995.349996461 USD...

Rupee made a strong comeback in early trade on Friday, rising by 51 paise to 86.17 against the US dollar. This sharp gain was fueled by a positive opening in domestic equity markets, a weaker greenback, and a drop in global oil prices. The rally in the local currency follows US President Donald Trump’s decision to suspend the additional 26 per cent tariffs on Indian goods until July 9, easing trade tensions between the two nations. At the interbank foreign exchange market, the rupee opened at 86.22 against the dollar—46 paise...

Currency volatility across the region has jumped ever since the larger-than-expected new US tariffs were announced last week. (EPA Images pic) BEIJING: President Donald Trump’s US tariff whiplash and the Chinese yuan’s trajectory will likely keep Asian currency volatility elevated. Currency volatility across the region has jumped ever since the larger-than-expected new US tariffs were announced last week, while foreign currency options signal increased bearishness. Concerns over economic growth have also driven more aggressive bets that regional central banks will cut interest rates. Uncertainty could remain high, even as Trump...

Since 1971, when President Richard Nixon dropped the gold standard, the US dollar has not been backed by precious metals. Instead, everyone has put their faith in the credit of the US government, but not everyone.That move started talk about a de-dollarization of the global economy, especially in recent years among BRIC countries (Brazil, Russia, India and China), among others, who have discussed creating a single currency and payment system among the members. However, no other currency, not even the euro launched in 1999, has been able to sustain a...

Market intelligence firm BigMint noted Chinese FOB prices dropped from $470 to $465 per tonne, with cost and freight prices ranging around $530–$536.  | Photo Credit: Chinese steel offers for India have continued  to be cheaper by 5–12 per cent, week-on-week since March 4, following  the first round of Trump tariffs. This accounts for basic customs duty, currency fluctuations, and port and miscellaneous charges. Price fluctuations have been in the ₹500 per tonne range, although purchases  from Indian traders have been on the slower side, sources said. Corresponding prices in...

By Dow Jones Newswires Staff Asian stock markets powered higher on Thursday, tracking an overnight rally on Wall Street following President Trump's decision to pause steep tariffs on a swath of countries that had been put into effect just hours before. Trump on Wednesday said that he would place a 90-day pause on so-called reciprocal rates announced a week earlier on nations the administration views as "bad actors" on trade--with the exception of China, which now faces an even higher 125% tariff. The pause "pulls stocks and the market from...

South-east Asia has long caught a cold when the US dollar sneezes, but these days, currency watchers are just as alert to the renminbi’s sniffles.China’s renminbi is shaping up to be a barometer for the region’s currency swings as analysts point to deepening trade ties with China, US President Donald Trump’s volley of tariffs, and growing spillover effects from Beijing’s policy moves – all unfolding against a backdrop of weakening US dollar dominance.While the greenback and renminbi have long played outsized roles in determining Asian foreign exchange movements, MUFG Bank’s...

Deepening US-China trade war continues to bolster the haven demand for Gold price in India on Thursday, even though the global stocks rebound on US President Donald Trump's "90-day pause" on reciprocal tariffs for all other countries.   Gold price also shrugs off the ongoing Chinese disinflation amid the market's nervousness on US-Sino trade woes and ahead of the US Consumer Price Index (CPI) data release.  At the time of writing, Gold price changes hands at 8,668.09 Indian Rupees (INR) per gram, advancing from Wednesday's close of INR 8,550.30, according to data...

Bombay Stock Exchange (BSE) Equity, currency and debt markets will be closed today, April 10, on account of Shri Mahavir Jayanti. Trading will take place on Friday, April 11, 2025. However, a long weekend is ahead as the market will be closed on April 14, 2025, on account of Dr. Baba Saheb Ambedkar Jayanti. On Wednesday, the benchmark indices ended in red. Sensex closed 379.93 pts 0.51 per cent lower at 73,847.15 and Nifty 50 dropped 136.70 pts or 0.61 per cent to 22,399.15. Sectoral indices except FMCG, consumer durables and...

Asian stocks rocketed on Thursday as investors breathed a huge sigh of relief after Donald Trump announced a pause on crippling tariffs on US partners, with Chinese markets even brushing off his decision to ramp up duties on Beijing to 125 per cent.Equities surged across the board, tracking a blistering performance on Wall Street, after the US president said he would delay for 90 days measures announced last week that set off a firestorm on trading floors and sparked warnings of a global recession.Trump said he would keep in place...