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US DOLLAR GLOBAL RESERVE CURRENCY
Merchant, arbitrage flows extend rupee's losing streak even as dollar slumpsThe Indian rupee weakened for the fourth straight session against the dollar on Thursday, despite a weaker dollar and likely central bank i...
RBI's concessional swap facility to boost financial institutions' overseas borrowing: S&PThe Reserve Bank of India's new concessional forex swap facility is set to significantly lower borrowing costs for government-owned financi...
Rupee logs sharpest fall since June 8, ends at 95.24 against dollarThe Indian rupee weakened significantly, crossing the 95 per dollar mark for the first time in almost a month. This decline occurred ahead ...
Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Gold slips as Treasury yields and rate hike expectations increaseGold and silver prices declined as U.S. Treasury yields moved higher and expectations of another Federal Reserve interest rate hike increas...
Rupee hits near three-week low at 95.24 vs USD as Asian currencies drop on Fed, Iran war cautionThe Indian rupee hit a near three-week low on Wednesday, mirroring declines in Asian currencies. Investors grew cautious ahead of U.S. Fede...
Consortium including Visa, Mastercard jointly launch new global stablecoinThe venture, called Open Standard, brings together more than 140 businesses for the stablecoin network and will issue a new US-dollar pegge...
Why are gold and silver prices up today, and will precious metals continue to rise or drop again? Gold rebounds from multi-month low but remains set for biggest quarterly loss in yearsGold and silver prices moved higher on Tuesday after recent declines, but both metals remain on track for major monthly and quarterly losse...
Yen tumbles to 4-decade low. Here are 3 reasons behind the historic slumpJapanese Finance Minister Satsuki Katayama said authorities were ready to respond appropriately at any time, without giving stronger signal...
Strong dollar pushes yen to 40-year low as clock ticks on interventionThe Japanese yen hit a 40-year low against the dollar, sparking intervention fears. Despite past efforts, the yen continues to weaken due t...
Yen hits 40-year low as clock ticks on interventionThe Japanese yen hit a 40-year low against the dollar, sparking speculation of government intervention. Despite past efforts, the yen conti...
Rupee slips as tepid stocks dull boost from firmer Asian peersThe Indian rupee edged lower against the dollar on Monday, despite positive sentiment from a US-Iran de-escalation and gains in Asian curre...
Rupee treads water, traders await range break to gauge directional trendThe Indian rupee held steady as tensions between Iran and the US eased, with traders anticipating a clearer market direction. Currently tra...
Dollar poised for best month in nearly a year; eyes on jobs data, Gulf tensionGlobal tensions and upcoming U.S. jobs data are keeping the dollar strong, despite a slight dip today. Investors are seeking refuge in the ...
Sovereign investors with $29 trillion pivot to energy assets, flag dollar fearsGlobal financial giants managing $29 trillion are pivoting towards energy assets and infrastructure, seeking portfolio resilience amidst es...
US dollar heads into second half of 2026 as world’s top-performing major currencyThe US dollar is set to enter the second half of 2026 on a strong footing, supported by higher interest rates, resilient economic growth an...
Yen wobbles near 40-year low as dollar pauses for breathThe yen hovered near a 40-year low against the dollar as U.S. inflation data met expectations, leading traders to scale back bets on Federa...
Dollar hits 13-month high as rate-hike bets, stock rout boost demandThe US dollar has hit a 13-month peak, fueled by a selloff in tech stocks and growing expectations for interest rate hikes from the Federal...
Rupee cushioned by central bank hand even as dollar strength dents Asia FXThe Indian rupee defied regional weakness on Wednesday, supported by likely Reserve Bank of India intervention against a strengthening doll...
Dollar firms on hawkish Fed bets, oil rebound; yen near 40-year lowThe US dollar strengthened Tuesday, driven by expectations of a more aggressive Federal Reserve and a rebound in oil prices. Elevated US Tr...
RBI sold net $8.9 billion in April, gold holdings unchangedThe Reserve Bank of India engaged vigorously in the forex market in April, offloading a net amount of $8.94 billion to protect the rupee fr...