Currencies

In 2023, India added approximately USD 58 billion to its forex reserves, recovering from a USD 71 billion decline in 2022. In 2024, the reserves have risen by over USD 20 billion so far. India’s foreign exchange reserves continued their upward momentum, rising by USD 1.567 billion to USD 677.835 billion in the week ending April 4, according to data released by the Reserve Bank of India (RBI). This marks the sixth consecutive week of gains in the country’s forex holdings. The increase reflects strong foreign currency asset growth and...

By Danni Haizal Danial Donald KUALA LUMPUR, April 19 (Bernama) -- The ringgit is expected to trade flat next week, potentially trading at around RM4.41 to RM4.42, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid. He said that United States (US) President Donald Trump indicated a reluctance to keep raising the tariff against China as it might impact the trade between the two nations. Additionally, He said several US Federal Reserve officials, including Christopher Waller and Austan Goolsbee, are scheduled to share their thoughts on the current state of the...

India’s forex reserves rose by $1.5 billion to $677.8 billion for the week ended April 11. This marked the sixth consecutive weekly increase, reflecting that India’s economy remains robust despite turbulent timesread moreOn Friday, the Reserve Bank of India (RBI) said that the country’s forex reserves increased by $1.5 billion to $677.8 billion for the week ended April 11.This is the sixth consecutive week the Indian forex has seen a jump. The overall reserves jumped by $10.8 billion to $676.2 billion in the previous reporting week ended April 4.It is...

At first, it was just a quiet murmur in relatively isolated sections of the financial press. But today, the voices are growing louder: the US dollar could lose its role as the world’s global currency amid the breakdown of all the arrangements and mechanisms of the post-war period under the impact of the US economic war against the world initiated by President Trump.A street money exchanger poses for a photo without showing his face as he counts U.S. dollars at Ferdowsi square, Tehran's go-to venue for foreign currency exchange, in...

A decade ago, a traveler from Singapore visiting Bangkok or Jakarta would likely rely on U.S. dollars or a global credit card to settle the bill. Today, things are changing. A Malaysian tourist in Thailand can pay for street food by scanning a QR code, with money instantly debited from their account in ringgit and credited to the vendor in baht. Such small conveniences are part of a broader, quiet revolt in Southeast Asia – a concerted effort by regional governments to reduce their reliance on the U.S. dollar in...

United States Dollar to Colombian Peso USD COP 1 USD 4,302.727285 COP 5 USD 21,513.636425 COP 10 USD 43,027.27285 COP 25 USD 107,568.182125 COP 50 USD 215,136.36425 COP 100 USD 430,272.7285 COP 500 USD 2,151,363.6425 COP 1,000 USD 4,302,727.285 COP 5,000 USD 21,513,636.425000001 COP 10,000 USD 43,027,272.850000001 COP 50,000 USD 215,136,364.25 COP Colombian Peso to United States Dollar COP USD 1 COP 0.000232411 USD 5 COP 0.001162054 USD 10 COP 0.002324107 USD 25 COP 0.005810268 USD 50 COP 0.011620537 USD 100 COP 0.023241073 USD 500 COP 0.116205366 USD 1,000 COP...

April 18 (Reuters) - The following table shows rates for Asian currencies against the U.S. dollar as of 0208 GMT. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous day Pct Move Japan yen 142.320 142.41 +0.06 Sing dlr 1.311 1.31 -0.08 Taiwan dlr 32.576 32.531 -0.14 Korean won 1421.300 1416.6 -0.33 Baht 33.310 33.34 +0.09 Peso 56.700 56.7 - Rupiah 16820.000 16820 - Rupee 85.368 85.3675 - Ringgit 4.405 4.405 0.00 Yuan 7.287 7.299 +0.16 Change so far in 2025 Currency Latest bid End 2024 Pct Move Japan yen 142.320...

TOKYO - Japan is "deeply concerned" about global economic fallout from US President Donald Trump's trade tariffs, Finance Minister Katsunobu Kato said on Thursday (April 17) in the government's strongest warning yet as the two nations began trade talks. In an interview with Reuters in Tokyo hours after the talks began in Washington, Kato also voiced concern over recent volatile market moves triggered by Trump's tariff announcements, saying they could hurt Japan's economic recovery. "The recent US tariff measures affect various industries and heighten uncertainty. We're deeply concerned they could affect...

BENGALURU: Emerging Asian equities ticked higher on Thursday as investors assessed trade negotiations between the US and Japan although concerns over the economic impact of US trade policies kept sentiment in check. The MSCI index of emerging Asian equities climbed as much as 0.8% following an over 1% drop on Wednesday, while a gauge of ASEAN stocks advanced for a seventh straight session to a two-week high. South Korea’s KOSPI index rose as much as 1% as the central bank held its interest rate steady, as widely expected, and signalled...