Page 52 - Forex News Today

Expect the AI Election to Get Wild :: The Market Oracle ::

Safeguarding Religious Beliefs in the Workplace: Combating Discrimination :: The Market Oracle ::

THIS year’s near-doubling of the yuan’s share as a global payments currency has largely gone unremarked because the figures are still rather modest, and forecasts of the dollar’s impending demise have so far turned out to be greatly exaggerated.

MOSCOW: Russian Foreign Minister Sergey Lavrov on Sunday said it was not acceptable for Israel to use the Hamas attack on Oct. 7 as justification for the collective punishment of the Palestinian people and called for international monitoring on the ground in Gaza. Israeli tanks battled their way to the center of Khan Younis on Sunday in a major new...

SINGAPORE, Dec 11 — The dollar started yesterday on the front foot, with a reading on US inflation and the Federal Reserve’s last policy meeting for the year likely to set the...

RIYADH: Saudi ACWA Power is set for a change in its major shareholder list as Al Rajhi Holding Group, with an 11.205 percent stake, plans an internal transaction, transferring ownership to the investment portfolios of its affiliated companies.  In a bourse filing, ACWA Power stated that it has received a letter from Al Rajhi expressing its intent to carry out...

RIYADH: Further improvement in Oman’s debt burden led US-based Moody’s Investors Service to upgrade its credit rating for the second consecutive time this year from “Ba2” to “Ba1”.  The upgrade in rating is attributed to improvements in debt affordability metrics, according to a statement.  This positive shift primarily results from spending restraints and the utilization of additional revenues in reducing...

Pakistan also assures IMF they will stand at $9b by end of current fiscal

The rally in the yen spilled over into a second day as traders wagered that the Bank of Japan will scrap the world’s last negative interest-rate regime much sooner than previously thought.

The forex reserves were last above the USD 600 billion mark on August 11 this year.