Page 49 - Forex News Today

KUALA LUMPUR: The ringgit strengthened to open higher against the US dollar on Wednesday after the greenback retreated as hopes for an interest rate cut beginning next year have surfaced, an analyst said.

TOKYO, Dec 20 — The US dollar slipped against most major currencies today as traders continued to sell the currency on bets that the US Federal Reserve will soon begin cutting...

PARIS — A French couple who sold an “extremely rare” African mask for €150, only to find out it was worth millions, saw their motion to cancel the original sale rejected by a court in the south...

RBI officials, in their meetings with the IMF, said the forex market interventions were in line with the

On Tuesday, the domestic unit settled at 83.18 against the American currency

The IMF reclassified India’s de facto exchange rate regime between December 2022 and October 2023 as a “stabilised arrangement” stating that the rupee-dollar exchange rate moved within a very narrow range. India has contested the reclassification

PETALING JAYA: A firmer ringgit is expected in 2024, with the local currency forecast to strengthen to RM4.40 per US dollar by the end of next year.

The IMF adjustment for Indias exchange rate regime is for the period from December 2022 to October 2023.

KUALA LUMPUR: The ringgit rebounded to close higher against the US dollar on Tuesday as the greenback weakened due to the US Federal Reserve’s (Fed) dovish stance.

The dollar index, which gauges the greenbacks strength against a basket of six currencies, was trading 0.06% lower at 102.50.