India’s Forex Reserves Dip Amid Surging Gold Prices and Global Uncertainty
In the last week of October, India's foreign exchange reserves experienced a decline, dropping by USD 6.925 billion to...
archiveMonetary Policy
Yen weakens as BOJ offers few rate clues; investors indecisive after Trump-Xi deal
By Rae Wee SINGAPORE (Reuters) -The yen fell on Thursday after the Bank of Japan (BOJ) left rates unchanged, while...
Strong coordination between monetary and fiscal policies helped India manage inflation amid US tariffs: RBI Governor
New Delhi , October 17 (ANI): Reserve Bank of India (RBI) Governor Sanjay Malhotra said that fiscal consolidation and strong...
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...
S&P 500, Nasdaq resume record rally as gold jumps, Fed minutes point to more rate cuts
Dell (DELL) shares rose over 8% Wednesday, adding to their 3.5% gain during the previous trading session as the server...
Global Currencies in Focus Amid Fed Commentary and Market Movements
The U.S. dollar held its ground against major currencies on Tuesday, as investors parsed remarks from Federal Reserve officials...
Dancing to a new rhythm: The maturation of digital assets
For years, the crypto market has danced to a rhythm. Not completely a clockwork rhythm, but still a definable one, with...
Could America lose the global currency race?
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India’s Forex Reserves Near Record High Amid Strategic Gains
India's foreign exchange reserves have surged, showing a notable increase of USD 2.294 billion, bringing the total to USD 698.950 billion as of the week ending June 13, according to official figures from the Reserve Bank of India.During the recent monetary policy meeting, RBI Governor Sanjay Malhotra assured that this significant forex reserve is sufficient to cover 11 months of imports and approximately 96% of India's external debt. The reserves are approaching the all-time high mark of USD 704.89 billion recorded in September 2024.RBI data highlights that the foreign...
The problem with Asia’s ‘sell America’ moment
It’s been a tough few months for believers in the currency market version of Pax Americana.Dollar critics confidently proclaim that its reign is over. In Asia, this is a "sell America” moment. Any sane investor is scouring the planet for an alternative — one that offers all the advantages of the incumbent but none of the downside. Europeans also want in, extolling the virtues of the euro.Good luck with that. One of my reservations about this bearishness isn’t that the upheavals induced by U.S. President Donald Trump — tariffs, an...
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