Sterling extends gains ahead of BoE rate call
The pound sterling rose against the US dollar on Monday, extending Friday’s gains as a weaker-than-expected US jobs…
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foreign exchange market
S. Korea’s c. bank cuts base rate
The Monetary Policy Board of the Bank of Korea (BoK) announced on Thursday a 25-basis-point cut in the Base Rate,…
S. Korea’s c. bank cuts base rate to 2.75%
The Monetary Policy Board of the Bank of Korea (BoK) announced on Tuesday a 25-basis-point reduction in the Base…
S. Korea’s c. bank holds rates steady at 3.00%
The Bank of Korea's (BOK) monetary policy board decided on Thursday to keep the base rate at 3.00 per cent.
Rupee hits record low amidst dollar strength, outflows
The Indian rupee plunged to a record low on Tuesday, pressured by a combination of factors, including a…
India c. bank intervention supporting rupee likely
The Reserve Bank of India (RBI) is believed to have intervened in the foreign exchange market to support the rupee,…
Indian rupee holds steady amidst Asian currency weakness
The Indian rupee slightly declined on Tuesday, in line with other Asian currencies.
Bank of Korea board divided on rate cut timing; minutes show
South Korea's central bank policymakers was split on the timing of interest rate cuts.
China’s yuan edges up against dollar
The Chinese yuan (RMB) edged higher against the US dollar on Monday, with the central parity rate rising 11 pips to…
Chinese yuan weakens slightly against dollar
The Chinese yuan weakened slightly against the US dollar on Wednesday, with the CFETS setting the central parity…