Traders Puzzled Why RBI Spends Billions Fighting Stronger Dollar
For the most part of this year, betting against the rupee has been a fool’s errand. Traders are
2023-10-13 10:20
Yen Hovers Just Shy of 150 Level as Intervention Threat Weighs
The yen is nearing a key psychological level of 150 against the dollar after the yield gap with
2023-10-13 09:55
Dollar Heads for Longest Losing Streak Since 2020 Before US CPI
A gauge of the dollar is set for the longest run of losses in over three years, leaving
2023-10-12 17:56
Traders Spurn Thailand’s $15 Billion Handout in Test for Srettha
Pressure is growing from financial markets for Thailand’s premier to change course on his blockbuster spending plan as
2023-10-11 08:48
Singapore Dollar’s Heydays Seen Numbered as Exports Lose Steam
The Singapore dollar has held up fairly well against the stronger greenback this year but its resilience may
2023-10-09 08:57
Egypt Downgraded by Moody’s on Dwindling Policy Options
Egypt’s credit score was downgraded by Moody’s Investors Service to one of the lowest rungs of speculative grade
2023-10-06 13:26
Forex Pile Remains Asia’s First Defense Versus Relentless Dollar
The dollar’s recent rally has been relentless. But Asia’s central banks have the firepower to limit the fallout.
2023-10-04 08:53
Yen Surges From Weakest Level in a Year Amid Intervention Talk
The yen surged from the weakest levels in a year amid speculation that Japanese officials were acting to
2023-10-04 07:15
Turkey’s Inflation Tops 61% as Surging Oil Prices Worsen Outlook
Turkish inflation accelerated in line with forecasts to exceed 61% for the first time this year as higher
2023-10-03 15:52
Morgan Stanley Turns Bearish on Egypt, Warns Risks Building
Morgan Stanley is turning bearish on Egypt as the cash-strapped nation faces what the US bank called “mounting
2023-10-03 15:15
Asia’s Last Holdout Against Strong Dollar Falls
Asia’s last currency standing against the dollar this year has fallen, with the rupiah joining regional peers to
2023-10-03 12:27
Dubai Starts Repaying Bailout Loan as Part of Huge Debt Cutback
Dubai said it began repaying a $20 billion bailout loan from Abu Dhabi and country’s central bank, as
2023-09-27 16:47