RBI faces $100 billion challenge after record currency defense
Over the past two years, India’s central bank built one of the world’s largest bearish dollar bets to support a...
Currencies
Fragile yen set for weekly decline as intervention risks mount
The battered yen languished near a 40-year low and was on track for a weekly loss on Friday, keeping traders...
Yen rises as Japan lures pension funds into domestic assets | WTVB | 1590 AM · 95.5 FM
By Rae WeeSINGAPORE, July 10 (Reuters) – The yen bounced on Friday on news that Japan plans to encourage pension...
Asia FX Talk – Rupiah weakness could persist
On the US macro front, the 4-week moving average of initial jobless claims declined to 218.8k in the week ending...
RBI Crypto Ban: Gen Z Overtakes Millennials; Impact on Investments
1 day agoAuthor: Kartikay ChaturvediThe Reserve Bank of India (RBI) has renewed its push for a cryptocurrency policy that favours...
‘Slow motion currency crisis’: Investing pros worry the Japanese yen is about to rock markets again
Wall Street is worried that the yen carry trade could unwind again.The trade involves borrowing yes at low rates and...
Kenyan currency could be boosted by remittances
A teller handles U.S. dollar banknotes and Kenya shilling banknotes inside the cashier’s booth at a forex exchange bureau in...
Mangopay expands Virtual Accounts to 24 currencies
Mangopay, a leading global wallet infrastructure provider, has broadened its Virtual Accounts product, more than tripling its currency coverage from...
Taiwan dollar hits 14-month low on greenback gains, dividends
The New Taiwan dollar fell to its weakest level since April last year, erasing gains from last year’s historic rally...
Carry Trade Jitters Rise on Wall Street As Japan’s Yen Plunges
The "yen carry trade" has entered the chat again.Wall Street pros are getting nervous about the potential for swings in...
