Page 8 - Currency

Euro weakens, US dollar soars, Swiss cut rates in global currency wars

Central bankers are vying to boost domestic buying power at the expense of exporters

India's foreign exchange reserves decline $4.6 billion to $596 billion

RBI has been selling dollars to curb any rapid depreciation of the rupee

Rupee at 80, 10-year IGB at 8%: The five bearish forecasts from UBS

The brokerage sees the yield on the 10-year India government bond (IGB) topping the 8 per cent mark before the end of the fiscal.

Don't retreat to home turf due to US market correction, experts advise

Benefits like low correlation, currency hedge, and access to unique businesses remain intact

Only 58% of global reserves are now in USD. Can the renminbi replace it?

While more reserves are now held in the renminbi, it is still less than one-fourth of the total shift away from the dollar, that too mostly by Russia

Rupee is expected to trade sideways in the near term, says BS poll

At record low, rupee better off than peers; RBI may provide support to prevent sharp depreciation, says BS poll

Rupee breaches 78 per dollar mark for the first time on global cues

The rupee started depreciating rapidly since Russia invaded Ukraine in late February

Rupee plunges to all-time low of 77.84/$ amid rising crude oil prices

The currency closed at a record low of 77.84 against the dollar after hitting 77.88 in intraday trading.

Rupee at new low of 77.8/dollar as investors pull out from emerging markets

The rupee depreciated over 2.5 per cent in the current fiscal year

Need to make Indian banks, currency crucial part of int'l trade: PM Modi

PM Modi said India has developed various financial inclusion platforms and there is a need to create awareness about them for their optimum utilisation.

Modi launches new series of coins with Azadi Ka Amrit Mahotsav design

Prime Minister Narendra Modi on Monday launched a special series of coins that are also 'visually impaired friendly'.

How to save your portfolio against falling rupee?

Indian rupee has depreciated nearly 4% this year. While the overall impact of a weaker rupee is negative on the equity market, some sectors stand to benefit from this fall. Find out more about them

Russia poised to cut interest rates to stem ruble rally that's gone too far

An unscheduled policy meeting for Thursday has spurred expectations for a big reduction, and the possibility that capital restrictions may be loosened further

Value of Pakistani Rupee hits all time low of Rs 200 against US dollar

The Pakistani rupee continued its month-long run of devaluation, with the currency trading at its all-time low of Rs 200 against the US dollar on Thursday.

Rupee hits fresh all time low as investors rush for safe haven assets

The Reserve Bank of India has beefed up its intervention in the currency market which slowed the pace of the fall

Sri Lanka's new PM to sell national airline, print money to pay salaries

Wickremesinghe -- less than a week into the job -- said he was forced to print money to pay salaries, which will pressure the nation's currency

Rupee appreciates 17 paise to 77.17 against US dollar in early trade

The rupee appreciated 17 paise to 77.17 against the US dollar in opening trade on Wednesday as the American currency retreated from its elevated levels

How a weaker rupee will impact the Indian economy and people?

Indian rupee touched an all-time low against a surging US dollar. Every 5% fall in the rupee adds about 10-15 bps to the inflation. So, what does a weaker rupee mean for the Indian economy?

China's currency hits 18-month low against dollar, falls to 6.7134

China's Yuan hit the lowest mark against the US dollar in the last 18 months on Tuesday, falling to 6.7134 against the dollar, the lowest figure since October 30, 2020.

Dollar on track for best month since 2015

The dollar hit a 20-year high against the yen on Thursday, as the Japanese currency was hurt by dovish Bank of Japan policy