Yen sinks to four-decade low as dollar gets yields boostThe dollar surged to a 40-year high against the yen, fueled by rising U.S. Treasury yields and anticipation of a Federal Reserve rate hike....
Global funds revisit Indian stocks as oil, rupee risks recedeGlobal fund managers are reconsidering their exit from Indian stocks as falling oil prices and rupee stabilization ease key investment conc...
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...
RBI intervention steadies rupee, governor's rate comment pulls down hedging costsThe Indian rupee showed resilience on Wednesday, recovering from earlier dips, a relief attributed to possible central bank measures. Concu...
Rupee slips as Fed rate expectations boost dollar, dent global stocksThe Indian rupee slipped a bit on Tuesday, aligning with global movements as the U.S. dollar climbed to its highest point in a year. The do...
AI crash coming closer? South Korea’s Kospi plunges 10%, triggers trading haltSouth Korean stocks experienced a sharp decline, with the Kospi index plummeting nearly 10% from its record high. Chip giants SK Hynix and ...
Dollar on the defensive ahead of first Fed decision under WarshThe dollar weakened ahead of the Federal Reserve's policy decision, with optimism over a U.S.-Iran peace deal boosting risk appetite. The y...
Oil retreat hands RBI an assist in boosting rupee's near-term outlookA U.S.-Iran peace deal has led to a slump in oil prices, bolstering the Indian rupee. This, combined with the Reserve Bank of India's measu...
Asian stocks rally on Gulf breakthrough hopes, oil hits two-month lowsAsian stocks rallied on hopes of a Middle East peace deal, tempering inflation fears as oil prices fell to two-month lows. The market also ...
Asia’s currency fight moves offshore as central banks push backAsian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...
Analysts see RBI measures steadying rupee, push back depreciation forecastsThe Indian rupee strengthened as falling crude oil prices and central bank measures to attract dollar inflows bolstered sentiment. Analysts...
Rupee posts biggest daily gain in 2 months, closes at 94.94 vs USD as RBI ramps up currency defenceThe rupee gained 0.9% to end at 94.9450 per dollar, its biggest gain since April 2. Forward premiums, the cost of hedging FX exposure, pl...
Rupee closes at 95.78 vs USD ahead of crucial central bank rate reviewThe Indian rupee declined for a second day ahead of the Reserve Bank of India's monetary policy review, with traders anticipating measures ...
Rupee dips; RBI-led relief may fade without inflow measures, bankers sayThe Indian Rupee declined on Thursday, continuing a two-day fall. Weaker Asian currencies and importer hedging impacted the Rupee. The Rese...
RBI to hold rates in June; majority now expect hike by year-end: PollThe Reserve Bank of India is expected to hold its key interest rate steady in June. However, economists now foresee at least one rate hike ...
Traders keep focus on oil prices, RBI moves as rupee treads waterThe Indian rupee remained stable on Wednesday, supported by central bank intervention in spot and forward markets. Dollar sales from state-...
Oil slump, central bank support manifest in rupee’s three-day winning streakThe Indian rupee saw its longest winning streak in a month, closing stronger against the dollar. This rise was driven by the Reserve Bank o...