Page 26 - Forex News Today

SINGAPORE, Feb 13 — The dollar flirted with the psychological threshold of ¥150 today and held broadly steady ahead of a key reading on US inflation due later in the day, while...

Figures for the calendar year are almost certain to show the value of output falling behind Germany’s in dollar terms.

SEOUL: South Koreas foreign exchange (forex) trading rose last month due to higher demand for both US and Chinese currencies, central bank data showed on Tuesday.

KUALA LUMPUR: The ringgit ended almost unchanged against the US dollar today amid subdued demand as the US Dollar Index (DXY) maintained its high levels, an economist said.

RIYADH: Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman congratulated President Ilham Heydar Aliyev of Azerbaijan on the occasion of his re-election for a new term, the Saudi Press Agency reported early on Sunday. In their message, the king and crown prince expressed their sincere congratulations and best wishes to the president and to the brotherly people of...

RIYADH: Red Sea Global has secured a SR2 billion ($522 million) financing deal to advance the development of the Four Seasons Hotel on Shura Island in Saudi Arabia.  RSG announced that financial closure with Riyad Bank supports its ongoing joint venture with Kingdom Holding Co., a Saudi-based investment firm focused on enhancing the hotel's development.  The luxury property, featuring 159...

SBP attributes decrease to debt repayment; rupee appreciates slightly

MANILA: When Brian Asinas Mendoza left the Philippines for Saudi Arabia in 2002, he took with him some postcards and stamps — just vintage objects that would remind him of home. But the collection grew, and continued to do so, ultimately becoming what is now the Pinoy Museum on Wheels. Mendoza, who comes from Calapan in Oriental Mindoro, lives in...

KUALA LUMPUR: The ringgit opened lower against the US dollar this morning, weighed down by robust US labour market data, said an analyst. 

BANGKOK: Chavarong Limpattamapanee, chairman of Thailand’s National Press Council, received on Thursday Arab News Editor-in-Chief and Deputy Chair of Saudi Journalists Association Faisal J. Abbas. The meeting took place at the headquarters of Thairath Daily newspaper in Bangkok, where the history of the NPC and journalism unions in Thailand, as well as recent developments in bilateral relations with Saudi Arabia,...