Page 111 - Forex News Today

This article is in continuation of the writer’s earlier article on the same subject carried by this newspaper on...

KUALA LUMPUR:  The ringgit opened lower against the US dollar in early trade today due to the lack of interest.

SINGAPORE, Aug 1 — The yen slipped to a fresh three-week low today as traders pondered the Bank of Japan’s steps last week to tweak its yield curve control policy, while the...

KUALA LUMPUR: The ringgit opened almost flat against the US dollar in early trade today but was higher against other major currencies as market participants remain cautious about global monetary policy tightening measures.

Rupee pared initial losses and settled for the day 3 paise higher at 82.26 (provisional) against US dollar on Tuesday amid a muted trend in domestic equities. Forex traders said the rupee witnessed range-bound movement on Tuesday as the dollar index moved higher and Asian currencies moved lower against the American currency. At the interbank foreign exchange market, the local

In order to counteract biases and make more well-informed decisions, we conceived the idea of developing a barometer that captures the underlying momentum in USD-INR.

The rate will be Tk 109 for the remitters

KUALA LUMPUR: The ringgit was lower against the US dollar in early trade today as the greenback had strengthened after the United States (US) announced its gross domestic product (GDP) for the second quarter of 2023 (2Q 2023) last night.

It can be noted that in October 2021, the countrys forex kitty had reached an all-time high of USD 645 billion. The reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments.

It can be noted that in October 2021, the countrys forex kitty had reached an all-time high of USD 645 billion. The reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments.