Yen heads for biggest weekly drop since May despite Tokyo's support pledgesThe Japanese yen is experiencing a dramatic drop, marking its most significant weekly decline since May. The currency has hit 40-year lows ...
Global Market: GIC to invest $30 billion more in hedge funds, doubles down on AISingapore's sovereign wealth fund GIC plans significant new investments. The fund will allocate an additional thirty billion dollars to hed...
Global Market: US urges BOJ to keep raising rates, flags persistent yen weakness despite narrower yield gapThe US Treasury Department has urged the Bank of Japan to continue raising interest rates. This action aims to control inflation expectatio...
Dollar rides yield surge as Middle East and trade wars raise inflation stakesThe dollar strengthened against major currencies on Friday. Rising oil prices and new trade tariffs fueled inflation concerns globally. U.S...
FCNR (B) vs NRE 5-year FD: Which can give higher maturity on $50,000 investment? Know currency riskFCNR(B) vs NRE currency risk: FCNR(B) and NRE deposits offer distinct investment avenues for non-resident Indians. FCNR(B) deposits provide...
US-Iran tensions underpin dollar as yen nears 40-year lowThe dollar stabilized on Thursday as U.S.-Iran tensions increased investor caution. Rising oil prices fueled inflation fears and supported ...
Why are central banks buying more gold? Here's what it means for the global economyCentral Banks and Gold: Central banks globally are buying gold at a record pace. This trend is driven by geopolitical risks and inflation c...
Rupee falls 11 paise to 96.36 against US dollar in early tradeThe rupee fell eleven paise to 96.36 against the US dollar on Wednesday. Crude oil prices climbed due to geopolitical tensions and shipping...
Yen slides past 163, raising intervention alertThe yen is near a four-decade low as the dollar strengthens broadly. Rising oil prices and U.S. Treasury yields are supporting the dollar's...
Rupee rallies 21 paise to 96.24 against US dollar on lower oil prices and forex inflowsThe rupee strengthened by twenty-one paise, closing at ninety-six point twenty-four on Tuesday. Lower oil prices reduced demand for the US ...
ICICI Bank eyes $500 million dollar bond issue via GIFT CityICICI Bank is close to raising at least $500 million through five-year dollar bonds via its GIFT City unit, leveraging the RBI’s concession...
Rupee value is market-driven, has no target band against US dollar: FM SitharamanFinance Minister Nirmala Sitharaman stated the rupee's value is market-determined. The Reserve Bank of India monitors foreign exchange mark...
Dollar wavers as markets grapple with Gulf tensionsThe US dollar hovered near a one-week high as investors weighed escalating Middle East tensions against hopes for a ceasefire. Concerns ove...
Dollar near one-week high as markets grapple with Gulf tensionsThe U.S. dollar held near a one-week peak as Middle East conflicts created energy supply fears. Markets also watched inflation risks as oil...
Dollar firmer as US-Iran conflict intensifies, Brent hits $90The dollar strengthened against global peers as Middle East tensions escalated. Oil prices surged and investor confidence remained fragile ...
Rupee rises 14 paise to 96.28 against per US dollarThe rupee edged up fourteen paise against the US dollar in early trade on Friday. Positive domestic equity markets supported the local unit...
Rupee slips 6 paise to 96.31 against US dollar in early tradeThe rupee weakened against the US dollar due to global crude oil volatility and a stronger greenback. Foreign institutional investor outflo...