Analysis-Asia’s currencies are flashing oil shock alarm
By Ankur Banerjee and Jaspreet Kalra SINGAPORE, May 21 (Reuters) - Asia's policymakers are taking increasingly urgent and unusual steps...
Currencies
Rupee near 97! Here’s how Pakistan, China and Bangladesh currencies are faring
The rupee has seen a significant decline against the dollar this year. It has now crossed the 96 level. On...
Reserve Bank of India considers rate hikes and currency swaps to stabilize the rupee
India’s central bank is weighing a triple-barreled approach to defend the rupee: interest rate hikes, currency swaps, and ramping up...
Iran war pressures emerging Asian markets, fuels bearish currency scenarios
The financial fallout from the Iran conflict has arrived in emerging Asia, and it’s hitting where it hurts most: energy...
Iran war spurs extreme bear scenarios for Asia currencies, bonds
The region is reeling from a more than 40% surge in crude prices since the war broke out in late...
Calgary-based fintech launches Canadian dollar-backed stablecoin
Calgary-based Tetra Trust Co. has launched what it claims to be the first Canadian dollar-backed stablecoin issued by a financial...
Dollar Retreats on Iran Optimism
The dollar index (DXY00) fell from a 6-week high on Wednesday and finished down by -0.24%. The dollar gave up...
Experts Explain Why Syria’s Exchange Rate Is Unstable
The Syrian pound has continued to fluctuate against the US dollar, a trend that has become clear since the beginning...
The global push for local-currency cross-border payments is intensifying
Much progress has been made in the use of local currencies for cross-border payments since I last took stock in...
Indian Rupee Hits Record Low Amid Global Economic Pressures
The Indian rupee has slumped to a record low against the US dollar, raising concerns regarding inflation and economic stability...
