Indian rupee hits one-month low on equity outflows
The Indian rupee fell to a one-month low on Thursday due to outflows from local equities and breaking a key…
Browsing Tag
foreign exchange
Indian rupee steady despite weaker dollar
The Indian rupee closed almost unchanged on Wednesday, lagging behind other Asian currencies due to a weaker US…
Swiss National Bank faces 2b franc loss in Q2 ’24
The Swiss National Bank (SNB) reported a 2 billion Swiss franc ($2.27 billion) loss for the second quarter,…
Egypt’s inflation hits lowest rate since ’23
The decision to unify the exchange rate in March 2024, along with bold monetary policy decisions, has significantly…
Egypt’s FX up 200%, remittances double – CBE
A senior source at the Central Bank of Egypt (CBE) revealed a massive growth in foreign exchange inflows to the…
Philippine c. bank amends FX regulations
The Philippine central bank approved amendments to FX regulations, to facilitate timely reporting by banks for…
From oaths to action: Priorities for Egypt’s new govt.
Today, July 7, 2024, marks the beginning of Dr. Mostafa Madbouly’s new term as Prime Minister. Let’s set aside any…
S. Korea’s foreign reserves fall by $430m in May
South Korea's foreign reserves fell by $430 million in May to $412.83 billion.
Nigeria’s naira decline prompts rate discussions
The Nigeria's naira has sharply declined since mid-April, with a 28-year high inflation rate likely prompting the…
Japan’s currency chief signals constant vigilance over yen
Japan’s Vice Finance Minister for International Affairs, Masato Kanda, announced on Tuesday that the authorities…