Forex News
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Chinese Yuan Hit by Mixed PMIs, Asia FX Eyes Steep Monthly Losses
The Chinese yuan dropped on Friday after mixed signs from business activity figures, while Asian currencies were destined for massive…
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The Indonesian Central Bank thinks that the pressure on the rupiah is only temporary.
Jakarta: A senior Bank Indonesia (BI) official said on Thursday that the pressure on the Indonesian rupiah is likely to…
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China’s yuan rebounded from a 14-year low following PBOC verbal warning
SHANGHAI – China’s yuan rebounded from a 14-year low against US dollar in the previous session. It has now recovered…
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Column: Reserve managers need to be kind to Sterling: Mike Dolan
London: Some of the world’s biggest economies still keep at least some of their savings in sterling and British government…
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Analysis: The weak yen is pulling Japan away from the radicalism of BOJ Kuroda.
TOKYO A decade ago, Governor of the Bank of Japan Haruhiko Kuroda was praised for using a “bazooka” stimulus to…
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China’s onshore yuan falls to its lowest level since the 2008 financial crisis.
Shanghai: On Wednesday, the onshore yuan fell to its weakest level against the dollar since the Global Financial Crisis of…
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As the Indian rupee falls even more, the RBI may need to add to its reserves, says an HDFC Bank economist.
Mumbai: Abheek Barua, Chief Economist at HDFC Bank, said that if the Reserve Bank of India wants to stop the…
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Chinese Central Bank injects $24.7 billion of liquidity via repo markets
Tuesday, the People’s Bank of China injures 175 billion Yuan ($24.7 Billion) to the banking system through reverse repo operations.…
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As the Dollar rally pauses, Chinese Yuan falls and Asia FX suffers losses
Asian currencies rose slightly Tuesday as the dollar stopped its rise below 20-year highs. The Chinese yuan dropped to a…
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Sterling sinks to an all-time low the harsh assessment of the budget plan
TOKYO: The stock fell close to 5%, hitting the lowest level in history on Monday, as investors rushed to the…
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