Page 44 - Forex News Today

KUALA LUMPUR: The ringgit strengthened further against the US dollar on the last trading day of 2023 to reach the 4.59 level as well as rising against a basket of major and Asean currencies. 

Recounting the crowning achievements of Fxview, a standout player to watch in 2024

SINGAPORE, Dec 28 — The dollar nursed steep losses on Thursday and was headed for a yearly decline after two years of strong gains as expectations of interest rate cuts from...

On December 27, the domestic unit settled at 83.34 against the American currency

TAIPEI, Dec 28 — China has pressured an influential Taiwanese rock band called Mayday to make pro-China comments ahead o......

Yearender 2023: From launching the UDGAM portal for unclaimed deposits to instructing banks on timely return of property documents to borrowers, the central bank initiatives made life easy for bank customers. RBI’s stance on interest rates will be keenly watched in 2024, with some market watchers expecting reduction in rates from the second half of next year.

KOCHI — A court in Qatar has commuted the death sentences of eight former Indian naval officers, India's foreign ministry has said.A ministry statement said the "sentences have been reduced"...

Both Russia and Iran have been reducing their reliance on the dollar since the US leveraged its currency's dominance to impose economic sanctions on both countries.

In order to enhance the ease of doing business, RBI has proposed to introduce a new category of money changers (under the scheme namely Forex Correspondents Scheme). These money changers may conduct money changing business through any agency model via Category-I and Category-II authorised dealers

KUALA LUMPUR: The ringgit rebounded to close higher against the US dollar on Wednesday as the greenback weakened due to a lack of major data, said an analyst.