Tier-2, Tier-3 cities account for 53% of India's forex demand: ReportThe report, based on Thomas Cook India's transaction data between April 2025 and March 2026 across leisure travel, education and corporate ...
Rupee weakness cushioned by central bank intervention, shorts grow waryThe Indian rupee ended the day with minimal fluctuations, influenced primarily by oil market dynamics and moves from the central bank. Stat...
Indonesia's central bank governor Perry Warjiyo steps down, stoking independence concernsIndonesia's central bank governor Perry Warjiyo resigned unexpectedly on Monday. Destry Damayanti, a senior deputy governor, will now serve...
Indonesia's Danantara plans dollar bond sale worth at least $500 mln, sources sayDanantara, Indonesia's sovereign wealth fund, plans to issue dollar bonds worth $500 million. These long-dated bonds will extend the fund's...
Global Market: Indonesia stocks attract bargain hunters as AI rally loses steamGlobal investors are shifting funds into Indonesia's stock market, which has seen significant declines. This rotation occurs as the rally i...
Foreign inflows in Asian bonds surge to seven-month high in JuneAsian bonds saw their largest foreign inflows in seven months during June. Lower oil prices and strong technology demand improved the regio...
Rupee's fall past 96/USD erases rally spurred by dollar inflow measuresThe rupee weakened past 96 against the dollar on Tuesday. This decline occurred as oil prices saw a sharp increase this week. Tensions in t...
RBI faces $100 billion challenge after record currency defenseRBI faces a challenge unwinding its large bearish dollar bets. The central bank has begun trimming its massive short dollar forward positio...
Indian diaspora in Indonesia anticipates boost in tech, healthcare ties during PM Modi's visitPrime Minister Narendra Modi is on a three-day official visit to Indonesia, aiming to strengthen bilateral ties and their comprehensive str...
Global Market: Kospi slides after early surge as AI stocks face valuation pressureIndian investors are watching as South Korean stocks reversed early gains due to concerns over high valuations in AI-linked companies. Desp...
Trump’s war means higher global interest rates for years to comeGlobal interest rates are set to remain higher for longer, with Bloomberg Economics forecasting borrowing costs elevated by up to half a pe...
Indonesia detains former minister and Gojek founder as suspect in graft caseMakarim, education minister between 2019 and 2024, was accused of involvement in the procurement of Google's Chromebook laptops for use at ...
Rupee treads water, traders await range break to gauge directional trendThe Indian rupee held steady as tensions between Iran and the US eased, with traders anticipating a clearer market direction. Currently tra...
Warsh Fed era heralds a new trial for Asian currenciesNew Federal Reserve chief Kevin Warsh's hawkish stance on inflation has surprised markets, signaling a stronger dollar. This poses a challe...
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...
Emerging market bets split as global rate paths divergeInvestors are changing their strategies in emerging markets. Central banks in Indonesia, Hungary, and Poland are making different moves on ...
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...