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CURRENCY MARKET
US Treasury undertakes intervention in yen market, FT reportsThe United States Treasury intervened in yen exchange rates on Friday. This action supported the Japanese currency through outright purchas...
PNB raising $1 billion for FCNR on-lendingPunjab National Bank is set to secure a substantial one billion dollars through a five-year loan arrangement. This initiative is being coor...
Rupee posts strongest week since March on RBI supportThe Indian rupee finished Friday on a strong note, marking its most significant weekly increase since March, thanks to continuous support f...
Global Market: Nikkei ends sharply higher as global AI momentum boosts marketsJapan’s Nikkei index surged 4% to 64,362.02 on Friday, boosted by global AI optimism following strong Microsoft earnings. Advantest jumped ...
Global Market | A history of Japan's biggest interventions to support the yenThe Japanese yen recorded its strongest one-day gain against the U.S. dollar in nearly two years after suspected intervention by Japanese a...
Global Market: Weak yen lifts Japan's forex reserve surplus to $31 billion in FY25Japan posted a 5.06 trillion yen ($31 billion) surplus in its special foreign exchange reserves account in FY2025, the second-highest on re...
Global Market: BOJ keeps rates unchanged, signals readiness for further hikes as yen remains under pressureThe Bank of Japan maintained its key interest rate at 1% on Friday. This decision followed government intervention to support the weakening...
Yen weakens after intervention-led surge ahead of BOJ policy decisionThe Japanese yen faced renewed pressure after Tokyo intervened in currency markets. The dollar gained as traders questioned the US Federal ...
D-St set for a positive opening as GIFT Nifty signals firm startIndian benchmark indices opened flat and traded in a choppy, volatile range. Analysts suggest the index may head towards resistance at 24,5...
RBI sold about $7 billion to defend rupee on FridayIndia's central bank sold approximately $7 billion to defend the rupee. The Reserve Bank of India intervened across markets as the currency...
$32 billion inflows from India's forex drive yet to boost rupeeIndia's special measures have attracted $32 billion in foreign currency inflows, but the boost has yet to significantly strengthen the rupe...
Rupee rises for the third day to a near 3-week highThe rupee strengthened for a third consecutive day, reaching a near three-week high. Dollar sales by foreign and state-run banks aided the ...
Global Market: Warning signals flash red as oil, AI concerns and debt risks rattle investorsSeveral key market warning indicators are approaching crisis levels now. Elevated oil prices and geopolitical uncertainty fuel inflation co...
Rupee rises 5 paise to 95.77 against US dollar in early tradeThe rupee strengthened by five paise to 95.77 against the US dollar on Wednesday. This appreciation marks the fourth consecutive day of gai...
Dollar holds steady as Fed decision loomsThe U.S. dollar reached a one-month high due to Middle East hostilities. Traders awaited the Federal Reserve's interest rate decision later...
Rupee strengthens as crude oil prices fallThe Indian rupee strengthened against the dollar on Tuesday, closing at 95.84 per dollar. This gain followed a sharp rise on Monday, suppor...
UCO Bank plans $500-million overseas fundraiseUCO Bank plans to raise $500 million through foreign currency deposits and overseas borrowings. This move joins other lenders accessing the...