How India’s rupee ended up as Asia’s worst currency this year
To stabilise the rupee, India’s central bank has sold over US$30b in FX assets since late July The Indian rupee ...
Tag: Currency
Rupee gains as RBI returns to defend currency after slump
INDIA’S rupee bounced back after the Reserve Bank of India (RBI) resumed efforts to support it, following a sharp drop ...
Japan signals chance of currency intervention, yen rises
The currency is down around 6% since Prime Minister Sanae Takaichi was elected leader of her party Japan sees currency ...
Rupiah redenomination: How will Indonesia’s currency reform affect its economy?
Redenomination can improve the country’s economic efficiency and enhance confidence in the currency but risks driving inflation In Indonesia, travellers ...
Indonesia plans a bill to redenominate rupiah currency
Indonesia’s finance ministry said it is planning a new bill to redenominate the rupiah in an effort to improve economic ...
US shutdown compounds worst year for currency trading since 2005
Traders less willing to stake big bets with a dearth of crucial economic and market positioning statistics The longest US ...
Thai central bank intervenes to slow currency moves
The currency’s strength relative to regional peers is seen as a threat to exports and tourism Thailand’s central bank has ...
China’s PBOC extends currency swap pacts with ECB, Swiss, Hungarian central banks
China’s central bank has extended currency swap agreements with the European Central Bank and the central banks of Switzerland and ...
Thailand vows to curb baht swings as currency hits 4-year high
Thailand’s central bank vowed to take steps to ease baht volatility and limit the influence of gold prices after the ...
Currency traders focus on Australian dollar and euro for bearish US dollar bets
Options traders are using currencies such as the Australian dollar and euro to express bearish US dollar views after recent ...
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