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230 posts

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Currencies

Currencies

BOCHK tests smart contracts in Hong Kong's CBDC pilot project

By Press Room
October 25, 2023
1 Mins read
Currencies

Asia FX muted as PMIs boost dollar, Aussie rises on rate hike bets

By Press Room
October 25, 2023
2 Mins read
Investing.com– Most Asian currencies fell slightly on Wednesday as strong overnight data boosted the dollar, while the Australian dollar rose sharply as…
Currencies

Dollar bounces, euro heavy on US/euro zone growth outlook divergence

By Press Room
October 25, 2023
2 Mins read
By Rae Wee SINGAPORE (Reuters) – The dollar was on the front foot on Wednesday, drawing support from yet another resilient U.S….
Currencies

Kenyan shilling under pressure due to dollar oversupply, seeks structural reforms

By Press Room
October 24, 2023
1 Mins read
The Kenyan shilling has been under significant stress due to an oversupply of dollars, leading to its devaluation and trading at Sh150…
Currencies

Dollar hits one-month low after US yields drop, euro wavers on weak data

By Press Room
October 24, 2023
2 Mins read
By Harry Robertson and Brigid Riley LONDON/TOKYO (Reuters) – The dollar fell to a one-month low on Tuesday against its major peers…
Currencies

Indonesia president says rupiah's drop still 'safe', flags tax incentives

By Press Room
October 24, 2023
1 Mins read
By Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) -Indonesia’s President Joko Widodo said on Tuesday the rupiah’s recent depreciation rate against the…
Currencies

Asia FX creeps higer as dollar, yields retreat before econ data storm

By Press Room
October 24, 2023
2 Mins read
Investing.com– Most Asian currencies advanced on Tuesday, reversing some recent losses as the dollar retreated from 2023 peaks before a string of…
Currencies

Japan to extend until April 2024 subsidies to curb fuel costs - stimulus package draft

By Press Room
October 24, 2023
1 Mins read
TOKYO (Reuters) – Japan’s government will extend until the end of April next year subsidies aimed at curbing fuel prices, according to…
Currencies

Bitcoin soars 10% to 1-1/2 year high

By Press Room
October 24, 2023
1 Mins read
SINGAPORE (Reuters) – Cyrptocurrency bitcoin leapt as much as 14% to a 1-1/2 year high of $34,283 in early Asia hours on…
Currencies

Naira hits record low against major currencies despite regulatory efforts

By Press Room
October 23, 2023
1 Mins read
The Nigerian Naira continued its downward trend against major currencies, hitting a record low on Monday. Despite the Central Bank of Nigeria’s…
Currencies

Bitcoin hits three-month high, buoying crypto stocks

By Press Room
October 23, 2023
1 Mins read
By Hannah Lang and Kanjyik Ghosh (Reuters) -Bitcoin, the world’s largest cryptocurrency, hit a three-month high on Monday, rising 3.62% to $31,087…
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