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YEN DEVALUATION
Yen teeters on cusp of 40-year low as BOJ hike fails to stem routThe dollar continues to exhibit resilience against key global currencies, largely fueled by the ongoing unpredictability of a potential U.S...- Weaponised dependency: Chinese mercantilism is more damaging to global trade than Trump tariffsThe recent US-China summit saw improved engagement but little progress on global economic challenges. China's trade practices continue to i...
- Why the US dollar (DXY) plunged to its lowest since 2022 after Trump’s comments in Iowa - here’s what he saidUS dollar DXY today: The US dollar has fallen sharply, reaching its lowest point since early 2022. President Donald Trump's comments indica...
- Nobody trusts world's best currencyThe little confidence people had left in the Caspian Sea nation's currency after it lost more than half its value in 2015 has been worn awa...
- Rupee hits 2-week low at 67.02 on devaluation reportsThe home unit witnessed a sudden plunge in morning trade on reports that the Commerce Ministry is working on a strategy that included propo...
- Yen edges up after G7 vows against forex market interventionWrapping up their meeting in rural Japan, the leaders of the Group of 7 agreed to consult closely with each other with regard to actions in...
- A secret meet where dollar was ShanghaiedBehind closed doors on Feb 26, some of the most powerful leaders of the financial world met to knock out the dollar.
- China one of great thefts of all times: Donald TrumpTrump has slammed China for the devaluation of its tightly-controlled currency, describing Communist country as one of the great thefts of ...
- Forex reserves fall sharply by $3.433 billion to $351.92 billionAfter rising for two consecutive weeks, country's foreign exchange reserves declined sharply by USD 3.433 billion to USD 351.920 billion in...
- Why China's yuan devaluation will affect Japan more than the US FedThere's a good reason to think that the change in the PBoC's approach will have a bigger effect on Japan's monetary decisions than on the U...
- China's yuan devaluation may hurt 'Make in India''Make in India' could take a hit because other exporting nations would be more competitive as their currencies could depreciate more.
- Currency wars: Dollar vs yuan vs euro through the agesChina's devaluation of its currency Yuan by 3.5 per cent in two days brings to fore the `Currency Wars' theory put forth by an American law...
- Rupee tumbles 59 paise to near 2-year low of 64.78 against US dollarThere was sustained demand for the US dollar from banks and importers on the back of firm greenback overseas following yuan devaluation.
- India's exports to be hit by yuan devaluation: FIEO"The devaluation will affect India's exports not only to China but to other countries also with increasing competitiveness of Chinese expor...
- A weaker yen could spell trouble for emerging markets: Motilal OswalFIIs have kept the faith in India growth story, whereas our retail investors and domestic institutions seem to have given up, says Motilal ...
- G-7 won't target exchange rates amid worries over currency warG-7 nations to soothe mounting fears of currency war with a pledge to avoid devaluing their exchange rates in the pursuit of stronger econo...
- Most global currencies have fallen against dollarA sharp depreciation has not been peculiar to India with most of the world’s major currencies falling against the dollar during this period.
- Euro recovers following Ireland reassurancesThe euro regained ground against the dollar on Friday after European officials sought to reassure investors that plans for bondholders to b...
- IMF head takes currency war threat 'very seriously': reportInternational Monetary Fund head said that he took the threat of a currency war "very seriously" and would do all he could to prevent one.
- Japan may devalue currency as strong yen poses threat to economyRising currency amid the deepening global recession has become headache for the Japanese economy. In the past five months, the yen has move...
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