Rupee sees mild relief amid uptick in Asia peers
The Indian rupee nudged higher on Tuesday, after hitting an all-time low in the previous session, tracking gains in most...
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Exclusive: Billions in dollar and euro notes reach Russia despite sanctions
US and EU banned banknote exports to Russia in 2022Russia continues to import them, albeit in smaller volumesCash is still...
Emerging Currencies Clock Best Week of 2024 in Wake of Selloff – BNN Bloomberg
(Bloomberg) -- Emerging-market currencies posted their best week of 2024, rebounding from Monday’s brutal selloff with a bang as concerns...
Rupee ends little changed despite Asia rebound; logs sixth weekly fall
MUMBAI, Aug 9 (Reuters) - The Indian rupee logged its sixth straight weekly fall but ended little changed on Friday,...
Emerging Stocks Resume Drop on Tech Decline; Currencies Rebound – BNN Bloomberg
(Bloomberg) -- Equities in emerging markets resumed their decline after a two-day respite as Asian technology stocks continued to suffer....
Rupee ends at record closing low as risk appetite wavers
MUMBAI, Aug 8 (Reuters) - The Indian rupee ended at its lowest closing level on record as global risk appetite...
African Central Banks Step in to Prop Up Slumping Currencies – BNN Bloomberg
(Bloomberg) -- African central banks are stepping up uncoordinated interventions in their markets to prop up their slumping currencies and...
Rupee slips to record low as pressure from carry trade unwind lingers
MUMBAI, Aug 7 (Reuters) - The Indian rupee weakened to yet another all-time on Wednesday, hurt by the continued unwinding...
Fed easing bets, carry trade unwind turn analysts bullish on Asian currencies
Analysts turn bullish on ringgit, yuan, baht, and pesoLong bets solidify on Singapore dollarShort bets firm on Indian rupeeAug 8...
Carry Trade Out of Danger Zone But Watch Yuan, Citi Quants Say – BNN Bloomberg
(Bloomberg) -- China’s yuan is more at risk of being squeezed by the unwind of global carry trades as positioning...
