Govt keeping ‘good watch’ on rupee, several currencies declined against USD: Sitharaman
Finance Minister Nirmala Sitharaman has said that the government is keeping a 'good watch' on exchange rates, stressing that besides...
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USD rate: U.S. dollar-USD rate to fall or rise this week? Here’s what you may want to know
U.S. dollar dithered on Monday ahead of a key meeting between American President Donald Trump and his Ukrainian counterpart Volodymyr...
Asian currencies struggle after US data – Markets
BENGALURU: Asian stocks slipped on Friday after an above-forecast US producer price print tempered expectations for a Federal Reserve rate...
Top 10 Weakest Currencies in the World
Global trade and finance rely heavily on currencies, but not all of them are created equal. A country's political climate,...
The 2025 US dollar crisis: why investors are rethinking safe havens
For the first time since the collapse of Bretton Woods in 1973, the US dollar has fallen more than 10%...
Indian rupee’s performance contrasts Asian peers; eyes US trade deal for direction
The Reserve Bank of India (RBI) surprised markets in June with a larger-than-expected 50 basis point rate cut, bringing the...
Here’s why the Swiss franc just pumped to 2011 highs
The USD/CHF exchange rate continued its strong downtrend this week, plunging to the lowest level since 2011. It has dropped in the last five consecutive months, the longest losing streak since September last year. This article explains the top reasons why the pair has crashed this month. US dollar index has crashed Copy link to section The USD/CHF exchange rate has plummeted due to the ongoing decline in the US dollar index. The index, which tracks the performance of the greenback against other currencies, dropped to a low of $97.30, its...
Asian markets open: Nikkei gains 0.9% as investors weigh ceasefire, Sensex opens flat
Asian stock markets presented a mixed picture on Thursday, with Japanese equities climbing to a four-month high while other regional indices stuttered. Investors are navigating a complex landscape of geopolitical, economic, and fiscal uncertainties as they brace for US President Donald Trump’s fast-approaching deadline on tariffs. A fragile ceasefire between Israel and Iran has provided some market relief, but attention is shifting to US policy and its potential impact on global markets.Markets have been somewhat soothed by a ceasefire between Israel and Iran that appears to be holding, for now....
most indices steady; Sensex to open up
Asian stock markets found a degree of stability on Wednesday, with most regional indices trading steady to slightly higher. A fragile ceasefire between Israel and Iran, announced by US President Donald Trump, appeared to buoy investor sentiment, even as the situation in the Middle East remains tense. This cautious optimism, coupled with lower oil prices, is expected to provide a positive start for Indian benchmarks like the Sensex.A shaky truce between Israel and Iran has, for now, held, offering a respite from the acute geopolitical fears that had previously rattled...
Iran-Israel war: rising oil prices likely to increase pressure on Asian currencies
A recent surge in global oil prices, driven by geopolitical tensions in the Middle East, has increased pressure on Asian currencies, with analysts warning of heightened downside risks for the Thai baht, Korean won, and Taiwan dollar. According to a note by Barclays Plc, the upward momentum in oil is beginning to weigh heavily on the region’s largely oil-importing economies.In a report released Tuesday, Barclays’ Fixed Income, Currencies and Commodities (FICC) Research team said that a sharp escalation in the Israel-Iran conflict could worsen the outlook further. Barclays flags downside...