Indian Rupee Has Fallen by Nearly 12% Against Pakistani Rupee Since Operation Sindoor
The comparison with Pakistan is instructive because it again entered an International Monetary Fund programme in 2025 and was forced...
Currencies
Ruble leads world currencies in gains against dollar. That’s cutting into revenues for Russian exporters and the state budget. — Meduza
The Russian ruble was the world’s best-performing currency against the U.S. dollar in the second quarter of 2026, the Bloomberg news agency...
Japan’s Currency Intervention May Have Generated Over ¥2 trillion
The Japanese government and the Bank of Japan may have generated ¥2-¥3 trillion ($12.7-$19.1 billion) in gains from an estimated...
Dollar steadies from weakness as Trump calls off planned attack on Iran
The dollar steadied early Tuesday after U.S. President Donald Trump said he had paused a planned attack against Iran, and...
Rupee opens 2 paise lower at 96.37 against US dollar
The Indian rupee opened 2 paise weaker at 96.37 per US dollar on Tuesday, 19 May, as elevated crude oil...
Asian EM currencies slide as US yields, firmer dollar and higher oil revive pressure on INR, PHP, IDR
Asian emerging market currencies have weakened amid higher US real yields, a stronger US Dollar, and elevated oil prices. Oil importers such as the Indian rupee (INR) and Philippine peso (PHP) are described as most exposed, with the Indonesian rupiah (IDR) also under pressure due to sensitivity to US yields and domestic factors. The MSCI EM Currency Index closed the week of 15 May 0.9% lower, its worst weekly performance since early March. The 60-day correlation between Brent crude and the Bloomberg Dollar Spot Index is reported at 0.55, the...
Asia FX Talk – EM Asia currencies remain under pressure
The dominant macro theme is a sharp, broad-based global bond selloff driven by war-related inflation pressures stemming from the effective...
When Loyalty is the New Currency, Larceny is the New Counterfeiting
Founder of FiDi-Based Financial Tech Company Pleads Guilty to Securities Fraud A Lower Manhattan resident, who until recently presided over...
Indian rupee crashes to fresh record low amid Strait of Hormuz fears
The Indian rupee came under renewed pressure on Tuesday, falling to another record low as rising oil prices, a strong...
Milei guts China currency lifeline after Trump ultimatum on financial ties: reports
Argentina is on the verge of settling its debt with China’s central bank, winding down a currency lifeline that kept...
