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Articles for Forex, search results for impact

Where Can You Find Forex News?
10 months, 1 week ago

Where Can You Find Forex News?

The Hindu  

If you will trade the forex market, you should consider reading forex news. It includes news about economic indicators, monetary policy decisions, geopolitical events, and other factors influencing currency exchange rates. Numerous factors, including economic indicators, monetary policy decisions, geopolitical events, market sentiment, and supply and demand dynamics, determine currency exchange rates in the forex market. Traders and investors in …

Policy Market Monetary Policy Impact Economic Trading Technical Analysis
India’s forex reserves hit 20-month high; jump to $615.971 billion: RBI
1 year ago

India’s forex reserves hit 20-month high; jump to $615.971 billion: RBI

Live Mint  

Amid heavy inflows in Indian debt and equity markets, India's foreign exchange reserves rose for the fifth straight week, reaching an over 20-month high of $615.97 billion as of December 15, according to the data released by the Reserve Bank of India on Friday. The Reserve Bank of India's intervention in forex markets along with valuation changes impact reserves. Foreign …

India Indian Billion Reserve Reserves
Pakistan economic crisis: Many firms closed, inflation high, forex reserve falls
1 year, 10 months ago

Pakistan economic crisis: Many firms closed, inflation high, forex reserve falls

Live Mint  

Pakistan economic crisis: Several biggest companies in the crisis-hit country have halted operations as they ran out of raw materials or foreign exchange which has compounded the troubles of an economy that's trying to avert a debt default, as per Bloomberg reports. Ghandhara Tyre & Rubber Company, which manufactures tires and tubes for automobiles, shut its plant on February 13, …

Pakistan Country Limited
Gold shines bright as US Dollar dips: Fed chairman's inflation comments spark market reaction
1 year, 10 months ago

Gold shines bright as US Dollar dips: Fed chairman's inflation comments spark market reaction

India TV News  

Gold Rate Today: On the Multi Commodity Exchange, gold futures opened at Rs. Data from the central bank shows that China's gold reserves rose from 64.64 million ounces at the end of December to 65.12 million fine troy ounces at the end of January. Federal Reserve Chair Jerome Powell has stuck to his post-Federal Open Market Committee rhetoric, which has …

Market Gold Fed Rate Powell Us Dollar
Why are interest rates important for forex traders?
2 years, 4 months ago

Why are interest rates important for forex traders?

Live Mint  

A key factor that influences the foreign exchange market is the interest rate changes made by major central banks such as the Federal Reserve of the United States, Bank of England, and the European Central Bank. Impact of interest rate changes When the interest rates are hiked, the forex traders want to buy the currency and its exchange rate rises. …

Bank Interest Rates Interest Central Traders Forex Forex Traders
RBI ’correct’ to use forex reserves to tackle rupee volatility: Economic Adviser
2 years, 4 months ago

RBI ’correct’ to use forex reserves to tackle rupee volatility: Economic Adviser

Live Mint  

The Reserve Bank of India is justified in using the country's foreign exchange reserves to smooth out volatility in the rupee's moves against the dollar, a member of the Economic Advisory Council said on Monday. "Longer term, we need to maintain overall macro-stability and allow the cycle to play itself out," said Sanyal, who was previously India's chief economic adviser. …

India Rbi Usd Sanyal
RBI to iron out volatile, bumpy movements to ensure rupee finds its level: Das
2 years, 5 months ago

RBI to iron out volatile, bumpy movements to ensure rupee finds its level: Das

The Hindu  

Reserve Bank of India Governor Shaktikanta Das stressed on Friday that while the central bank was committed to ensuring that the rupee finds its level in line with its fundamentals and does not target any particular level for the rupee, it would intervene decisively to iron out any volatile or bumpy movements in the currency’s exchange rate. “I would like …

Das Rupee Hedge India Rbi
To counter covid impact, IMF gives an SDR booster
3 years, 3 months ago

To counter covid impact, IMF gives an SDR booster

Live Mint  

IMF helps nurture global monetary cooperation, secure financial stability, and enable international trade. An allocation of SDR 456 billion equivalent to $650 billion was approved, with effect from 23 August, to help member countries manage their pandemic-hit balance of payments problems. In line with India’s quota of 2.76% in the fund, IMF allocated SDR quota of 12.57 billion resulting in …

India Billion Imf Member Reserves Member Countries Forex Reserves