Top Asia Currency Trade Risks Tripping Up Market If Rupee Swings
(Bloomberg) -- One of Asia’s most lucrative currency trades risks becoming a victim of its own success, according to analysts,...
archiveASIA
Indian firms ramped up forex hedging in volatile election-results week
MUMBAI, June 11 (Reuters) - The Indian rupee's choppy trading last week in the wake of the national election results...
In the Market: How US is daring the world to find a dollar alternative
June 10 (Reuters) - The United States is merrily chipping away at the pillars that hold up the dollar as...
Rupee flat, volatility expectations drop as RBI maintains grip
MUMBAI, June 11 (Reuters) - The Indian rupee was nearly flat on Tuesday, with traders expecting the currency to largely...
Rupee seen weaker after US jobs data casts doubts on Fed rate cuts
MUMBAI, June 10 (Reuters) - The Indian rupee is expected to open lower on Monday, after jobs data indicated that...
Rupee declines tracking Asian peers, forward premiums drop
MUMBAI, June 10 (Reuters) - The Indian rupee weakened on Monday tracking its Asian peers amid a pullback in hopes...
Saudi Arabia joins BIS- and China-led central bank digital currency project
LONDON, June 5 (Reuters) - Saudi Arabia has joined a China-dominated central bank digital currency cross-border trial, in what could...
Rupee falls though Asian peers gain; forward premiums tick up
MUMBAI, June 6 (Reuters) - The Indian rupee weakened on Thursday despite broad gains in Asian currencies, which were pushed...
Rupee to count on central bank’s help amid portfolio outflows
MUMBAI, June 5 (Reuters) - The Indian rupee will rely on the central bank stepping in to defend the currency...
Indian central bank likely intervened in NDF to support rupee, traders say
MUMBAI, June 5 (Reuters) - The Indian central bank likely intervened in the non-deliverable forwards market to support the rupee...
