Articles for Market Currency

Rupee's slide: What it means for economy, markets, and you
3 weeks ago

Rupee's slide: What it means for economy, markets, and you

India Today  

The rupee’s recent tumble to a record low of 84.73 against the US dollar has raised concerns about its impact on the economy and people’s daily lives. Although the rupee has recovered slightly today due to gains in the Chinese yuan, the recent drop reflects a confluence of global and domestic factors, creating ripple effects that extend beyond currency markets. …

India Market Rupee Economic Pressures
Ghana Cedi Gains Second Day After Central Bank Sells $214 Million
1 month, 1 week ago

Ghana Cedi Gains Second Day After Central Bank Sells $214 Million

Live Mint  

-- Ghana’s currency appreciated a second day after the central bank sold dollars to the market to boost the cedi. The Bank of Ghana sold $214 million to the market last week through two- and seven-day contracts, Databank Group said in a note to clients. The dollar supply “also helped to ease some demand backlog.” A central bank official separately …

Central Bank Bank Bloomberg Dollar Ghana Cedi
Japan Intervened Twice Last Quarter to Bring Yen Below 160
1 month, 2 weeks ago

Japan Intervened Twice Last Quarter to Bring Yen Below 160

Live Mint  

Japan said it stepped into the foreign exchange market twice last quarter, as speculation grows that more moves may be brewing given the recent bout of renewed yen weakness. Before the government took action in July the yen was trading past 160 per dollar, a 38-year low, partly driven by speculators betting on the wide borrowing cost gap between Japan …

Japan Trump Currency Japanese Dollar Yen
India Sees FX Reserves as Main Tool to Manage Bond Index Inflows
7 months, 1 week ago

India Sees FX Reserves as Main Tool to Manage Bond Index Inflows

Hindustan Times  

Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. India Sees FX Reserves as Main Tool to Manage Bond Index Inflows India’s vast foreign exchange reserves will be the first line of defense against any market volatility arising from an …

Market Bank Index Currency Liquidity Central Foreign
The real reason behind fluctuations in global foreign exchange market
8 months ago

The real reason behind fluctuations in global foreign exchange market

China Daily  

In recent days, the currencies of emerging market countries have caught everyone's attention because of a weak streak, with the Indonesian rupiah falling to a four-year low, the Malaysian ringgit tumbling to its lowest exchange rate since 1998, and the Indian rupee dropping to a record low. According to the IMF, if the US Federal Reserve keeps its benchmark interest …

Imf Emerging Emerging Market Countries Global Fiscal Market Currency
RBI reiterates need for underlying forex exposure for rupee derivatives transactions
8 months, 2 weeks ago

RBI reiterates need for underlying forex exposure for rupee derivatives transactions

Live Mint  

The Reserve Bank of India has reiterated that underlying foreign exchange exposure is necessary for transacting in exchange-traded currency derivatives. According to an RBI circular dated 5 January, which was meant to come into effect from today, both proprietary traders and retail investors were required to show either contracted or anticipated currency exposure to engage in the currency derivatives segments …

Currency Rbi Exposure Exchange Derivatives Underlying
Global Trends, Currency Movements To Drive Markets, Say Analysts
10 months ago

Global Trends, Currency Movements To Drive Markets, Say Analysts

ABP News  

Global factors will majorly drive the Indian stock markets this week, as the earnings season ends, analysts stated. Market sentiment would be dominated by crude oil prices, movement in the Indian rupee, and the meeting minutes from the US Federal Reserve scheduled to be released in the week, the experts said. Commenting on the stock market behaviour last week, Ajit …

Drive Markets
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
Free-falling rial leaves Iranians worried about financial future
1 year, 9 months ago

Free-falling rial leaves Iranians worried about financial future

Al Jazeera  

Currency depreciation and high inflation show few signs of coming down, forcing many Iranians to make fewer purchases. This isn’t normal, but this is how one day you’re thinking to yourself and you see something horrible has become your new normal.” Food costs up by 70 percent Food items are bearing the brunt of the inflation, with a basket of …

Market Prices Currency Tehran Rate Dollar Rial
Protesters in Beirut smash banks as Lebanese pound spirals
1 year, 10 months ago

Protesters in Beirut smash banks as Lebanese pound spirals

Associated Press  

BEIRUT — Angry protesters in Lebanon Thursday smashed windows and set tires on fire outside two of the country’s biggest banks in the capital city, as the value of the local currency hit a new low and poverty deepens. In less than a week the Lebanese pound’s value against the dollar plummeted to a new low from 66,000 to 80,000 …

Market Black Lebanon Value Rate Beirut Lebanese
Russia-Ukraine war hits market: Ruble at record low against US Dollar, Euro tanks
2 years, 10 months ago

Russia-Ukraine war hits market: Ruble at record low against US Dollar, Euro tanks

India Today  

The Russian ruble tumbled to a record low on Thursday, the euro sank to a multi-year low to the Swiss franc, and the yen jumped after Russian forces attacked Ukraine, firing missiles at several cities and landing troops on its south coast. MUFG analyst Lee Hardman said risk-off sentiment would "dominate in the near-term favouring further US dollar, yen and …

Ukraine Russia Market Currency Cent Russian European
Taliban era for Afghanistan begins with long queues at banks, soaring prices
3 years, 3 months ago

Taliban era for Afghanistan begins with long queues at banks, soaring prices

India Today  

As Kabul began a new era of Taliban rule, long queues outside banks and soaring prices in the bazaars underlined the everyday worries now facing its population after the spectacular seizure of the city two weeks ago. "Everything is expensive now, prices are going up every day," said Kabul resident Zelgai, who said tomatoes which cost 50 afghani the day …

Money Prices City Taliban Kabul