The rupee plunged 64 paise to close at a record low of 93.53 against the US dollar on Friday, pressured by sustained foreign fund outflows and a sharp rise in crude oil prices amid escalating ...
This marks the second consecutive weekly decline, following a drop of $11.683 billion in the previous week, News.Az reports, citing Xinhua. The RBI ...
India’s foreign exchange reserves declined by $7.052 billion to $709.759 billion in the week ended March 13, according to data released by the Reserve Bank of India (RBI) on Friday.In the preceding ...
The rupee plunged by 82 paise, or nearly 1 per cent, to settle at an all-time low of 93.71 (provisional) against the US ...
UBS strategists warned that foreign exchange markets may face heightened volatility in the weeks ahead as the Iran conflict threatens to disrupt energy supplies for an extended period. Get premium ...
The Indian rupee fell to a record low despite a rally in the stock market on Friday. The currency fell below the 93 mark for the first time as the US dollar rose further and FII outflows continued ...
Thailand’s currency market is entering a very unusual phase, and forex traders are starting to notice that the Thai baht is no longer moving only on the usual drivers like tourism, exports, and ...
The Economist Intelligence Unit (EIU) has projected that the kwacha will weaken gradually although the Malawi Government will likely continue to resist devaluation calls in short to medium-term. The ...
Japan’s finance minister said authorities are fully prepared to take action against currency moves if needed at any time, as ...
Both the Forex and the crypto markets allow for investment, trading, and financial scaling. These ecosystems operate differently, so there is no definitive answer as to which option is better. It ...
India’s forex assets, excluding gold, are now just enough to cover for 8.7 months of imports, the lowest in three years ...
THE Reserve Bank of Zimbabwe (RBZ) has assured companies that foreign currency will remain accessible even after the government announced it will pay contractors and suppliers exclusively in the ...
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