The US dollar index fell on Wednesday as traders looked ahead to next week's Federal Reserve…
Tag: currency
IMF Urges Flexibility as RBI Defends Weakening Rupee
The International Monetary Fund (IMF) urged countries to let their currencies adjust to global shocks. This…
RBI Takes Steps to Support Weakening Rupee with New Measures
The Reserve Bank of India (RBI) has announced new measures to support the weakening rupee. The…
Rupee Gains 2 Paise, Closes at 94.49 Against US Dollar
The Indian rupee rose by 2 paise to close at 94.49 against the US dollar on…
Yen Falls Past 160 Per Dollar, Weakening Amid Fed Signals
The Japanese yen fell below 160 per US dollar on Friday, reaching its lowest point in…
Japan Seeks New Hedges as Yen Weakness Persists
Japan's currency, the yen, has continued to weaken. It recently approached 160 per dollar after a…
China’s Yuan Gains Less Than 1% Amid US Dollar Weakness
The Chinese yuan strengthened by less than 1% against the US dollar this week. This comes…
US-Japan Yen Intervention Fails to Stabilize Currency Market
The recent joint intervention by the U.S. and Japan to support the yen has not significantly…
US and Japan Coordinate Yen Intervention to Halt Decline
The United States and Japan confirmed a coordinated intervention last week to stabilize the yen, which…
US and Japan Collaborate to Boost Yen Amid Decline
The US and Japan have initiated a coordinated effort to support the Japanese yen, which has…