How Asia can reduce its dollar dependence
SINGAPORE – The U.S. dollar remains the world’s leading reserve currency, but recent developments — particularly President Donald Trump’s unilateral...
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India’s foreign exchange reserves jump to $698.27 billion, adds $4 billion in September – Economy News
India’s forex reserves jumped USD 4.038 billion to USD 698.268 billion during the week ended September 5 on the back...
Forex Reserves Surge For Second Week: India’s Kitty Rises $1.48 Billion to Cross $695 Billion Mark – RBI Says
The Reserve Bank of India (RBI) in its latest 'Weekly Statistical Supplement' said that India's foreign exchange reserves (Forex) jumped...
EUR/USD, USD/JPY and AUD/USD Forecast – US Dollar Continues to Threaten Other Currencies
Subscribe To NotificationsScan QR code to install appImportant DisclaimersThe content provided on the website includes general news and publications, our...
Ringgit seen hovering around RM4.22–RM4.24 next week amid Fed policy hold
KUALA LUMPUR, July 26 — The ringgit is expected to hover between RM4.22 and RM4.24 next week as the US...
Singapore boosts currency market dominance as daily volume jumps 12% to US$1.27 trillion
Singapore’s foreign-exchange market expanded this year, doubling in size over the past four years and widening its lead over Hong...
India’s forex reserves rebound to $702.78 billion after previous week’s dip
India's foreign exchange reserves (forex) witnessed an uptick of $4.8 billion to $702.78 billion for the week ending June 27,...
Ringgit strengthens as investor sentiment shifts towards emerging market currencies
KUALA LUMPUR, July 1 — The ringgit closed higher against the US dollar today, supported by improved sentiment towards emerging...
Ringgit strengthens as investor sentiment shifts towards emerging market currencies
KUALA LUMPUR, July 1 — The ringgit closed higher against the US dollar today, supported by improved sentiment towards emerging...
Ringgit climbs against major currencies at opening as Iran tensions, US airstrikes lift oil and gold
KUALA LUMPUR, June 23 — The ringgit opened higher against the US dollar and a basket of major currencies on Monday despite a strong US Dollar Index (DXY) as ongoing geopolitical tensions, with the United States’ (US) involvement in the Israel-Iran conflict, in focus, said an analyst.At 8 am, the local note rose to 4.2420/2655 against the greenback from Friday’s close of 4.2505/2565.Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said there are fears of a wider conflagration in the region as the US announced “successful” airstrikes...