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CURRENCY MARKET
Rupee lingers around bottom of Asia FX pile as global headwinds deepenThe Indian rupee has experienced a decline impacted by elevated crude prices and increasing global bond yields. During the last quarter, th...
Global Market: Bank of Korea steps up won support with $9.6 billion saleSouth Korea’s central bank sold a net $9.612 billion in foreign currency during the second quarter to support the weakening won, marking it...
Global Market: Euro under pressure from energy shock and political risksThe euro has fallen nearly 2% in September as energy prices, political uncertainty and a stronger dollar weigh on the currency. Concerns ov...
Global Market: Yuan heads for seventh straight quarterly gains as exporters boost dollar salesChina’s yuan strengthened against the dollar, heading for its seventh straight quarterly gain, supported by exporter dollar selling, strong...
Rupee breaches 96 per dollar as oil surge stokes pressure; RBI intervention limits fallThe Indian rupee breached the 96-per-dollar mark for the first time since July as surging crude oil prices and a firm dollar weighed on the...
Global Market Today: Asian shares mixed as surging oil, Treasury yields weighEquity-index futures for Asia were mixed, while contracts for US stocks edged higher after the S&P 500 erased its advance for the month and...
Rupee, dirham and UPI: India, UAE push cross-border trade without frictionIndia and the UAE are working towards enhancing bilateral trade by adopting local currency transactions and payment system integration. The...
Rupee pinned just shy of 96/USD as RBI intervention counters oil woesThe Indian rupee experienced a slight dip as surging oil prices emerged from stalled diplomacy between the US and Iran. With escalating ten...
ETMarkets Smart Talk | Fed tightening returns: Ritesh Nambiar on what it means for Indian bonds and the rupeeA renewed Fed tightening cycle could push US yields higher, strengthen the dollar and put pressure on emerging-market currencies. For India...
Emerging market investors shun riskiest bonds as US yields soarEmerging-market investors are pulling back from riskier bond investments amid a significant selloff in global credit markets. The recent tu...
Rupee's likely to slip despite RBI push for stabilityThe rupee could decline to 96-97 per dollar by the end of FY27 due to several factors. Persistent outflows from Indian financial assets and...
ETMarkets Smart Talk: RBI may hike 50-75 bps; Archit Shah on what’s next for bondsArchit Shah, CIO at Zurich Kotak General Insurance, expects the RBI to hike repo rates by 50-75 bps towards 5.75-6% if inflation, crude, an...
Rupee recovers as large public sector banks sell US dollarsThe Indian rupee appreciated by 15 paise, closing at 95.81 against the US dollar on Friday. This recovery was supported by actions from the...
Explained: What really drives the rupee? Decoding the forces behind currency movesThe rupee’s decline over the past four years reflects a complex interplay of fundamentals, RBI intervention and market sentiment. A Bank of...
Rupee soothed by intervention, surge in forward premiums tipped to coolThe Indian rupee strengthened slightly against the dollar as oil prices declined and the central bank intervened. Oil prices fell about 2%,...
Global Market: Yuan slips as PBOC signals caution on currency appreciationChina’s yuan weakened Wednesday after the PBOC set a weaker midpoint, ending a 10-session streak of stronger guidance. Rising trade tension...
Volatile yen draws intervention watch, other currencies subduedIn response to last week's notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are...