SBI Research Urges RBI Action as Rupee Slide Outpaces India’s Economic Fundamentals, Despite Strong Forex Reserves
The Indian rupee has come under significant pressure in recent months, prompting SBI Research to call for stronger intervention by...
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Geopolitical jitters in West Asia push ringgit lower against US dollar at close
KUALA LUMPUR, May 28 — The ringgit closed lower against the US dollar on Thursday as escalating geopolitical tensions in...
UPSC Current Affairs: Is a weakening currency not always a sign of economic failure?
Geopolitical tensions in West Asia seem to weigh heavily on the rupee, as the currency opened 0.16 per cent lower...
Can currency swaps make China a lender of last resort? Ex-PBOC official weighs in
China should position itself as an international lender of last resort to help out in global emergencies and expand use...
Global Market: Oil crisis and strong dollar intensify pressure on Asian currencies
Asian policymakers are stepping up emergency measures to protect their economies from the growing fallout of the global energy supply...
Rupee opens 6 paise lower at 96.26 against US dollar
The rupee opened 6 paise lower at 96.26 against the US dollar on Friday, 22 May, tracking weakness in Asian...
Ringgit opens firmer on easing West Asia tensions, stronger economic outlook
KUALA LUMPUR, May 22 — The ringgit opened firmer against the US dollar and major currencies on Friday, supported by easing...
India’s new gold and silver import duties trigger cascade of impacts across metals and currency markets
(Kitco News) – While short-term headwinds from the Iran war continue to cap precious metals prices, most analysts see the...
Rupee hits new record low near 97 against dollar, oil prices and bond yields keep pressure on currency
The rupee fell to a fresh record low on Wednesday as elevated oil prices and rising US Treasury yields weighed...
Indian Rupee Hits Record Low as Wall Street Eyes The 100 Mark
The Indian rupee tumbled to a record low of roughly 96.9 against the US dollar on Wednesday. Global asset managers...
