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CURRENCY MARKETS
Sterling hovers near six-month high underpinned by BoE rate hike expectationsThe pound is maintaining its position close to a six-month peak against the dollar, buoyed by expectations of interest rate hikes. However,...
Global Market: Japanese businesses turn to currency hedging as weak Yen drives up import costsJapanese businesses are increasingly turning to longer-term supplier agreements and currency hedging as the yen’s prolonged weakness raises...
RBI’s great dollar haul: Where are the $73 billion going?India has mobilised about $73 billion in foreign currency in under 11 weeks, largely through FCNR(B) deposits, yet the rupee remains near ₹...
Iran's currency rial hits record low as US plans more sanctionsIran's currency has plummeted to a staggering 2.02 million rials against the US dollar, reflecting deepening economic strain as Washington ...
India plans first tokenised bond issue in September: ReportIndia is set to roll out tokenised corporate bonds next month, utilizing blockchain technology to facilitate immediate transaction settleme...
Interventions hold rupee on narrow leash, traders await US sanctions on IranThe Indian rupee showed little movement on Monday, remaining steady in a limited range due to ongoing central bank actions. Market particip...
Iran’s rial plunges past 2 million per dollar as Trump unleashes ‘crushing economic operation’Iran’s rial has fallen to a record low, crossing 2 million per dollar on the unofficial market as US President Donald Trump escalates press...
Global Market: KOSPI drops over 1% as Samsung Electronics slumps on payout concernsSouth Korean shares fell over 1% on Monday, dragged by a sharp decline in Samsung Electronics after its latest shareholder return plans dis...
'It's a Carry World': EM trade notches longest run since 2008The carry trade landscape in emerging markets is shining brightly, leading to remarkable returns for investors. This approach, which entail...
Trump says he did not direct Bessent to intervene in bond marketPresident Donald Trump clarified that he had not influenced Treasury Secretary Scott Bessent's decisions in the market. Bessent made choice...
Gold prices rise for 3rd straight week, hit 3-month high. Can bullion reclaim $5,500 peak?Gold rose 5% this week to nearly $4,603, marking its third consecutive weekly gain, supported by a weaker US dollar, Treasury bond buybacks...
Rupee dips on week as oil pangs linger, intervention prevents fall past 96/USDThe Indian rupee exhibited stability on Friday, though it faced a weekly decrease. Factors such as increasing oil prices and apprehensions ...
Cross-border trade in local currencies reduces transaction costs: RBI deputy governorLocal currencies will increasingly drive cross-border trade and payments, reducing costs and improving efficiency. Technology will be lever...
Gold rebounds above Rs 1.58 lakh/10 grams as US bond yields decline. What lies ahead?Gold prices rose above Rs 1.58 lakh per 10 grams on the MCX as US Treasury yields fell and the dollar remained subdued following increased ...
Dollar drifts near multi-month lows as Treasury yields ease; Fed minutes awaitedThe U.S. dollar slipped against leading currencies on Wednesday, influenced by a decline in treasury yields from their recent highs. Invest...
Japan’s yen lesson for India: Don’t fight the currency marketIndia should focus on economic fundamentals and allow the rupee to be largely market-driven. The RBI has some flexibility during a financia...
Global Market: Emerging Asian currencies rise as softer dollar, rate-hike bets support sentimentAsian currencies strengthened modestly as a weaker US dollar and fading expectations of a September Federal Reserve rate hike supported eme...
Emerging markets defy global shocks as investors return to local assetsEmerging markets are seeing renewed investor interest despite geopolitical tensions, trade risks and AI-driven volatility, with debt attrac...
Global Market: Emerging Asian currencies rise as softer dollar supports regional marketsEmerging Asian currencies gained on Monday as a weaker US dollar supported regional markets, with Taiwan and Thailand leading gains. Invest...
Yen's slide to weekly loss prompts bets for another interventionThe Japanese yen is facing its steepest drop in three months, prompting traders to expect more government action to support its value. Key ...