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Japan feels inflation heat from Fed's 'higher for longer' shift

Investors are increasing their bets that the Bank of Japan will need to keep raising borrowing costs as a weaker yen fuels inflation and puts pressure on the...

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Japan's yen hits new 34-year low; US dollar rises after inflation data

The dollar soared to a fresh 34-year high against the yen on Friday, bolstered in part by U.S. inflation data that showed no signs of easing, coming in line with expectations and affirming expectations the Federal Reserve will likely delay cutting interest rates to later this year.

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BSP ready to handle currency volatility | The Manila Times

THE Bangko Sentral ng Pilipinas (BSP) is ready to address foreign exchange volatility amid pressures from a strong dollar, its top official said.

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Weak yen could make BOJ's Ueda lean more toward hawkish stance

The yen's drop to fresh 34-year lows is likely to force the Bank of Japan (BOJ) Governor Kazuo Ueda to walk a thin line in guiding monetary policy...

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Rupee ends flat, forward premiums tick up as focus turns to US economic data

The Indian rupee ended largely unchanged on Thursday, wedged between a decline in most of its Asian peers and interbank dollar sales after the local unit managed to hold above a key support level, traders said.

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Rupee little changed, tracking mostly rangebound Asian peers

The rupee was at 83.3275 against the U.S. dollar as of 10:10 a.m. IST, mildly higher than its close of 83.3625 in the previous session.

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Il pane tradizionale al mercato di Kandahar, in Afghanistan - Curiosita

epa11295472 An Afghani man sells bread on a roadside in Kandahar, Afghanistan, 23 April 2024. A recent World Bank report reveals a 26% decrease in Afghanistan's gross output over the past year, primarily attributed to a 1. (ANSA)

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Indonesia reassures citizens as rupiah weakens to 4-year low against US dollar

The rupiah is among Asian currencies that have weakened against the US dollar this year. It’s a double-edged sword for workers, and industries that import raw materials will be hit, economists say.

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HONG KONG -- The U.S. dollar's strength and bets that the Federal Reserve will delay interest rate cuts are turning up the heat on Asian bond investor

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Bulgaria can't join the eurozone in January. Here's why. – POLITICO

High inflation and wavering public support ― in part blamed on Russian disinformation ― means the country is almost certain to miss its 2025 joining target.

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