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Currencies

tKash Hits 2 Million+ Transactions Milestone and Transforms the Way Asia Moves Money

KUALA LUMPUR, Malaysia, June 10, 2025 /PRNewswire/ --The currency exchange app tKash has officially surpassed 2 million transactions, marking a significant milestone that highlights its rapid growth and the strong trust it has earned from users across Asia. tKash reaches a new milestone 2 MILLION+ transactions! Since its launch just over a year ago, tKash has rapidly gained user trust with its fast, secure, and transparent money exchange service. Today, the app serves users in Thailand, Singapore, Nepal, India, Indonesia, Vietnam, Bangladesh, the Philippines, Pakistan, and Myanmar, providing a trusted solution...
Currencies

Rupee Falls to 84.80 vs Dollar on India-Pakistan Tensions: Rediff Moneynews

The Indian rupee depreciated 45 paise to close at 84.80 against the US dollar on Wednesday, driven by heightened tensions between India and Pakistan following India's military strikes on terrorist camps in Pakistan. Mumbai, May 7 (PTI) The rupee depreciated 45 paise to close at 84.80 (provisional) against the US dollar on Wednesday, as heightened cross-border tensions following India's military strikes against terrorist camps in Pakistan and Pakistan-Occupied Kashmir weighed on the domestic currency.Indian armed forces on early Wednesday carried out missile strikes on nine terror targets in Pakistan and...
Currencies

Dollar’s Decline Is Fueling Dislocations Across Asian FX

(Bloomberg) -- Asian currencies ripped higher against the US dollar Monday, extending a move that’s hurting exporters, weighing on equities and forcing central banks to intervene in the market to curb excessive gains. Most Read from Bloomberg Taiwan’s dollar surged the most since 1988, sending the nation’s benchmark stock index to its steepest slide in nearly a month. The offshore yuan climbed to its highest level in almost six months as exporters repatriated dollar earnings. The Hong Kong dollar held at the strong end of its allowed trading band for...
Currencies

Currency Market News: Rupee slips 4 paise to 85.19 vs US dollar

Rupee traded in a narrow band and slipped 4 paise to 85.19 against the US dollar in early trade on Tuesday, as gains from upbeat domestic equities were offset by dollar short-covering among investors. Forex analysts noted ongoing concerns about global economic headwinds stemming from tariffs and US monetary policy, which could dampen overall demand. At the interbank foreign exchange market, the rupee opened at 85.11 and later declined to 85.19 against the US dollar, marking a 4 paise drop from its previous close. On Monday, the rupee had gained...