Currencies

KUALA LUMPUR, May 23 — The ringgit closed higher against the US dollar and other major and regional currencies today as the greenback remained weak amid continued concerns over US fiscal policy.At 6pm, the local note jumped to 4.2285/2345 versus the US dollar from yesterday’s close of 4.2705/2765.Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US House of Representatives’ approval for a sweeping tax and spending bill has added to worries over the credit outlook of the United States.“This corresponds with the recent sovereign rating...

Nepalese Rupee to United States Dollar NPR USD 1 NPR 0.007329 USD 5 NPR 0.036645 USD 10 NPR 0.07329 USD 25 NPR 0.183225 USD 50 NPR 0.36645 USD 100 NPR 0.7329 USD 500 NPR 3.6645 USD 1,000 NPR 7.329 USD 5,000 NPR 36.645 USD 10,000 NPR 73.29 USD 50,000 NPR 366.45 USD United States Dollar to Nepalese Rupee USD NPR 1 USD 136.444262519 NPR 5 USD 682.221312594 NPR 10 USD 1,364.442625188 NPR 25 USD 3,411.106562969 NPR 50 USD 6,822.213125938 NPR 100 USD 13,644.426251876 NPR 500 USD 68,222.131259381 NPR 1,000 USD...

India’s foreign exchange reserves dropped by $4.888 billion to $685.729 billion in the week ending May 16, according to the Reserve Bank of India.  | Photo Credit: Dado Ruvic/Reuters India's forex reserves dropped USD 4.888 billion to USD 685.729 billion for the week ended May 16, the Reserve Bank of India said on Friday.The overall reserves jumped by USD 4.553 billion to USD 690.617 billion in the previous reporting week. The forex reserves touched an all-time high of USD 704.885 billion in September 2024.For the week ended May 16, foreign...

Published Fri, May 23, 2025 · 07:44 PM Indonesia is planning to sell bonds denominated in the Chinese yuan and Australian dollar for the first time ever, as the government seeks to diversify its debt portfolio. The government will “strongly consider” to sell dimsum and kangaroo bonds this year, subject to market conditions, Suminto, head of the finance ministry’s debt management office, told reporters on Friday (May 23). The move may help Indonesia lower its exposure to volatility in the US dollar, while potentially helping it strengthen financial ties with China –...

Euro to Iranian Rial EUR IRR 1 EUR 47,836.149794 IRR 5 EUR 239,180.74897 IRR 10 EUR 478,361.49794 IRR 25 EUR 1,195,903.74485 IRR 50 EUR 2,391,807.4897 IRR 100 EUR 4,783,614.9794 IRR 500 EUR 23,918,074.897 IRR 1,000 EUR 47,836,149.794 IRR 5,000 EUR 239,180,748.969999999 IRR 10,000 EUR 478,361,497.939999998 IRR 50,000 EUR 2,391,807,489.699999809 IRR Iranian Rial to Euro IRR EUR 1 IRR 0.000020905 EUR 5 IRR 0.000104523 EUR 10 IRR 0.000209047 EUR 25 IRR 0.000522617 EUR 50 IRR 0.001045235 EUR 100 IRR 0.002090469 EUR 500 IRR 0.010452346 EUR 1,000 IRR 0.020904692 EUR 5,000 IRR...

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The US Dollar Index struggles as traders adopt caution due to growing debt concerns in the United States.The House of Representatives has advanced Trump's “One Big Beautiful Bill” to the Senate floor.US 30-year bond yield retreated after hitting 5.15% on Thursday, the highest in 19 months.The US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, depreciates toward two-week lows. At the time of writing, the DXY is trading around 99.60, remains under pressure as the 30-year yield on US Treasury bond is...

Japan’s Prime Minister Shigeru Ishiba said on Friday that there was no change in Japan's stance on US tariffs and its demand that they be eliminated.Key quotesNo change to our stance on U.S. tariffs.Discussed U.S. tariffs with President Trump.Discussed diplomacy, and security with Trump as well.There might be an occasion when I’ll visit the U.S. for in-person talks with President Trump.No change to our stance of demanding the elimination of tariffs.No change to our policy of talking with the U.S. about creating U.S. jobs.Market reaction   At the time of writing, USD/JPY is...

Asian currencies gained traction on Friday, buoyed by a weakening U.S. dollar and rising expectations of a Bank of Japan (BOJ) rate hike following strong inflation data. The U.S. Dollar Index dropped 0.3% during Asian trading hours and is on track for a 1% weekly decline, pressured by growing concerns over the U.S. fiscal deficit. Dollar Index Futures mirrored this trend, falling 0.3%. The Japanese yen led regional gains, with USD/JPY slipping 0.4%, setting the yen up for a 1.5% weekly gain. Japan's core consumer price index rose 3.5% in...

BEIJING, May 23, 2025 /PRNewswire/ -- A news report from Xinhuanet: A new publication highlighting the appearance of Chinese-built infrastructure on foreign currency was unveiled at a book launch and symposium in Beijing on May 19, underscoring China's global reach through its Belt and Road Initiative.The book, Chinese Imprints on World Currency, chronicles how infrastructure projects linked to China have been featured on coins and banknotes issued by countries around the world, casting these structures as enduring symbols of the country's international partnerships under the Belt and Road framework. Chinese-Built...