US property and casualty insurers’ shares slump as hurricane season losses mount
Property and casualty insurance stocks slump on Hurricane Milton-related fearsAnother catastrophe adds to insurers' Florida woesAnalysts say the full extent...
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Dollar bears eye shifts in global yields, growth to play further weakness
Fed's rate cuts and global central banks' actions impact dollar's performanceEconomic data and U.S. presidential election add uncertainty to dollar's...
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...
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...
Exclusive: India cenbank asks top banks to refrain from large trading bets against rupee, sources say
MUMBAI, Aug 7 (Reuters) - The Reserve Bank of India has asked some large banks to not add to their...
Ethiopian local authorities crack down on price hikes after currency float
ADDIS ABABA, Aug 1 (Reuters) - At least two Ethiopian local governments have ordered the closure of dozens of businesses...
Asian FX at crossroads as yen, yuan diverge
ORLANDO, Florida, July 31 (Reuters) - Japanese and Chinese monetary policy is diverging, meaning other Asian currencies may now also...
Turks eye property investments abroad as domestic market loses appeal
Returns on real estate investment in Turkey worseningMonthly housing sales close to lowest level in a decadeProperty investments abroad have...
India’s foreign exchange reserves hit record high
MUMBAI, July 19 (Reuters) - India's foreign exchange reserves (INFXR=ECI), opens new tab rose for a second straight week and...
Zimbabwe will stick to promises to build trust in new currency, central bank chief says
Item 1 of 5 A vendor shows a ten Zimbabwe gold-backed (ZiG) note along a street in Harare, Zimbabwe, July...
