Rupee weakens amid dollar bids related to expiry of currency futures | Finance News
Asian peers dipped, weighed by concerns that US interest rates could remain high for longerIndian rupee fell on Wednesday, pegged...
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Rupee underpinned by expected inflows, countered by weak Asian peers, ET Auto
The rupee was at 83.5350 to the U.S. dollar at 11:12 a.m. IST, having risen to 83.4625 immediately after open....
Japan Says It’s Ready to Intervene in Currency Markets 24 Hours a Day If Needed
The yen inched lower toward a key level against the dollar Monday, even as Japan’s top currency official warned that authorities stand ready to intervene in currency markets 24 hours a day if necessary. “If there are excessive currency fluctuations, it has a negative impact on the national economy," said Vice Finance Minister Masato Kanda. “In the event of excessive moves based on speculation, we are prepared to take appropriate action." Kanda was speaking as the yen traded ever closer to 160 to dollar and the weak point of 160.17...
Dollar winning streak extends into fifth week as yen slumps
A key gauge of dollar strength is extending its winning streak into a fifth week as the timing for the...
Indian rupee hits record low as broad dollar strength weighs
The Indian rupee declined to an all-time low as broad dollar strength weighed on most emerging Asian currencies.The currency fell...
Rupee depreciation against dollar miniscule as compared to other currencies: BoB
ANI | Updated: Jun 16, 2024 14:33 IST New Delhi , June 16 (ANI): The Indian rupee experienced significant volatility...
Asian currencies firmer as dollar eases – Business & Finance
BENGALURU: Most Asian currencies and stocks gained on Thursday, as the dollar weakened on softer-than-expected US inflation data, while the...
How the US Can Stop De-Dollarization and Keep the Greenback Dominant
The US can counter de-dollarization efforts, a think tank expert says.De-dollarization threats are distant, but US actions could weaken the...
Dollar or Yuan? We asked ChatGPT-4o which is the strongest currency for 2024
As global markets navigate complex economic landscapes, investors are keen to determine which currency will hold the strongest position in...
BI Expects Rupiah to Strengthen Next Year, Trading Between Rp15,300-15,700 per US Dollar
TEMPO.CO, Jakarta - Bank Indonesia (BI) is confident that the rupiah exchange rate against the US dollar will soon strengthen away from the Rp16,000 mark amid ongoing global turmoil. The central bank predicts that the rupiah will be stronger next year, trading between Rp15,300 and Rp15,700 per dollar.BI Governor Perry Warjiyo said the rupiah had weakened by 5.25 percent in April-May 2024 compared to the end of 2023."(But) it is still better than the Philippine peso, the Korean won and the Thai baht. For next year, we estimate the range will...