Page 141 - Forex News Today

ASIAN currencies strengthened against a weaker dollar on Friday, while shares declined as investor jitters persisted amid fresh turmoil in the U.S. banking sector.

KUALA LUMPUR: The ringgit continued to get a boost from overnight policy rate (OPR) hikes and the weakening US dollar amid heavy bets that the Federal Reserve appears to be reaching its terminal rate soon with a smaller rate rise.

The greenback has slumped 12% since late September with investors anticipating the Federal Reserve will soon pause its monetary tightening.

Uniindia: New Delhi/Panaji, May 5 (UNI) External Affairs Minister S Jaishankar on Friday did not mince words as he slammed Pakistan Foreign Minister Bilawal Bhutto Zardari’s criticism of India, terming the Pakistan FM as the “spokesperson of a terrorism industry which is the mainstay of Pakistan” and that “Islamabad’s credibility is depleting even faster than its forex reserves” on the issue of terrorism.

President Xi Jinping's government has been busy striking deals over the past year to expand the ways in which the currency is used.

CYBERJAYA, Malaysia, May 04, 2023 (GLOBE NEWSWIRE) -- Deriv, one of the world’s largest online brokers, opened 7 new offices worldwide in 2022 to broaden...

Magnus Heystek discusses SA Treasury's sneaky regulation change in reaction to the flood of private capital legally leaving the country.

Central bank cites no reason behind the decrease

SINGAPORE, May 3 — The dollar was subdued today, weighed by bearish US labour market data as investors fretted over the US debt ceiling and banking sector risks, while waiting...

The New Zealand dollar hopped to two-week highs on Wednesday as upbeat jobs data only added to the case for a further increase in interest rates, while the Australian dollar struggles with another bout of global risk aversion.