At the interbank foreign exchange market, the Indian currency opened at 83.70 and inched up to 83.69 before trading at 83.70 ...
According to FMF economic analyst Nicholas Woode-Smith, it is good that South Africa has not engaged further on a unified ...
The Indian rupee witnessed range-bound trade in the morning session on Thursday and appreciated by 2 paise to 83.97 against ...
They monitor various economic calendars and trade vigorously on each release of data, trying to make the most out of the 24-hour-a-day, five-day-a-week foreign exchange market. However, this strategy ...
On this episode of On the Money, WKMS Morning Edition Host and Associate Professor of Economics and Finance discuss the ...
A third more yuan transactions The number of bilateral transactions using the Chinese currency grew by a third in July to 53% from 40% in the same month in 2021. In 2010, 80% of outbound Chinese ...
A “carry trade” involves borrowing money in a currency that has a super low interest rate, like Japan’s, which was in the ...
Currency pegging is a way for a nation to stabilize the value of its money by tying it to another country's exchange rate.
As the trade transactions will be settled in rupee, it will reduce the exchange rate risk for the Indian exporters and ...
The Paris-based firm turned overweight on the currency in recent weeks, scooping up cheap pesos as the exchange rate hovers ...
The yen has scope to extend its advance as carry trades using the Japanese currency continue to wind down, according to ...
Unwinding of the yen carry trade is expected to continue in September, presenting risk of another large sell-off, according ...