Page 3 - Forex News Today

The U.S. dollar is weak in the upper 155 yen zone in Tokyo after the chief of the U.S. Federal Reserve said it is unlikely to raise interest rates, while another suspected yen-buying intervention by Japan also pushed the yen higher.

RIYADH: Saudi Arabia is open to providing up to 75 percent of financing for certain industrial projects, a minister has revealed in a bid to incentivize foreign investment and private sector players. During his discussion with several Qatari investors on the sidelines of the 52nd meeting of the Gulf Cooperation Council Industrial Cooperation Committee in Doha, Bandar Alkhorayef, the Kingdom’s minister of industry and mineral...

Japan holds substantial dollar reserves, but if depleted, it might resort to selling U.S. bonds, though other measures would likely be considered first.

RIYADH: Ahmed Al-Eyada, the undersecretary at the Ministry of Environment, Water and Agriculture, witnessed the signing on Tuesday of a cooperation agreement between the National Agricultural Development Company, and Delphy, a global company specializing in agricultural services. The agreement aims to build capabilities, boost skills, and transfer agricultural technologies, in line with the objectives of Saudi Vision 2030....

JEDDAH: The Saudi Arabian Society for Culture and Arts has launched an exhibition in Jeddah showcasing 25 artworks exploring the link between science and art. Fifteen female students from King Abdulaziz University presented their paintings, sketches and other projects at the opening of the Sci-Art exhibition. (AN photo)...

KUALA LUMPUR: The ringgit opened marginally lower against the US dollar today ahead of the highly anticipated Federal Open Market Committee (FOMC) meeting which will begin tonight.

ODESA (Ukraine), April 30 — A Russian missile attack on an educational institution in a popular seafront park in the Ukr......

Forex reserves up by USD 1.492 billion to USD 641 billion : Rashtra News The country's foreign exchange reserves rose by USD 1.492 billion to reach USD 641.008 billion in the week ended October 15, RBI data showed on Friday. In the previous week ended October 8, the reserves had increased by USD 2.039 billion

The size and timing of the swing indicates that the government stepped in after the currency fell significantly.

SINGAPORE, April 29 — The US dollar was a shade softer in early deals today, thinned by a holiday in Japan, though the yen, euro and sterling stayed near the bottom of the ranges...