Page 15 - Forex News Today

MOSCOW: Russian Foreign Ministry spokeswoman Maria Zakharova said on Wednesday that it was “extremely hard to believe” that Daesh would have had the capacity to launch an attack on a Moscow concert hall last Friday that killed at least 140 people. At a briefing with reporters, Zakharova instead doubled down on Moscow’s assertions, for which it has not yet provided...

UNITED NATIONS: UN humanitarian chief Martin Griffiths is stepping down for health reasons after nearly three years of trying to tackle mounting humanitarian crises in Ukraine, Gaza and Africa, the United Nations announced Monday. UN Secretary-General António Guterres praised Griffiths “for his tremendous leadership and service to the United Nations and the humanitarian community in advocating for people affected by...

Three-month yen basis swaps, which indicate decreasing demand for hedging the more they rise, closed last week at their highest level since January 2022.

Most equities in emerging Asia advanced on Tuesday, led by strong performances in Singapore and South Korea, while currencies remained largely subdued as traders were uncertain about the timing of U.S. interest rate cuts.

The current weakening of the yen is not in line with fundamentals and is clearly driven by speculation,” Masato Kanda said.

KUALA LUMPUR: The ringgit opened slightly lower against the US dollar ahead of the release of February’s Consumer Price Index (CPI) print.

KUALA LUMPUR: The ringgit rebounded to close firmer against the US dollar as risk appetite improved following the positive Chinese yuan performance, said an analyst.

Forex reserves down by $878 million to $632.736 billion : Rashtra News #Forex #reserves #million #billion The country's foreign exchange reserves declined by USD 878 million to stand at USD 632.736 billion in the week ended January 7, RBI data showed on Friday. In the previous week ended December 31, the reserves had dropped by

Islamabad: Prime Minister Shehbaz Sharif said on Saturday that Saudi Arabia had played a pivotal role in improving Pakistan’s economic situation during a meeting with the kingdom’s defense minister, Prince Khalid bin Salman, wherein they also discussed the regional peace and security situation. The Saudi royal arrived in the country earlier in the day to attend the Pakistan Day military...

Forex reserves rise to $631.953 billion : Rashtra News #Forex #reserves #rise #billion The country's foreign exchange reserves increased by $2.198 billion to $631.953 billion in the week ended February 4, RBI data showed. In the previous week ended January 28, the reserves had declined by $4.531 billion to $629.755 billion. It touched a lifetime