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...
archiveMonetary Policy
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...
RBI MPC Meeting Live Updates: RBI Monetary Policy Meeting 2025 Today Live MPC Key Expectation RBI Repo Rate Cut
RBI Governor Sanjay Malhotra announces 25 bps repo rate cut. (Express Photo by Amit Chakravarty)RBI Repo Rate Cut, RBI Monetary Policy Meeting 2025 Today Live Updates: RBI Governor Sanjay Malhotra announced a 25 basis point cut in policy repo rate on Wednesday, saying the central bank is targeting non-inflationary growth. The RBI Governor said global economy was going through a period of uncertainty, posing challenges to policymaking, alluding to the sweeping tariffs announced by US President Donald Trump. The latest round of reciprocal tariffs kicked in minutes before Malhotra started...
The new faultlines of global trade: Tariffs, currency, and the spectre of disorder
Last week might well be remembered as the weak globalisation began to bleed in full public view. Markets reeled not merely because of fresh rounds of retaliatory tariffs between the United States and China, but because they sensed something deeper—a rupture in the global trade order that has underwritten peace, prosperity, and stability for over seven decades. If last week was a warning, this week might offer no reprieve. Especially as India’s own monetary policy committee meets under the shadow of cascading geopolitical risks, the interplay of trade and currency...