PBOC plans to enhance yuan internationalization and financial market liberalization
By Press Room
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The People’s Bank of China (PBOC) has reaffirmed its commitment to prudently internationalize the yuan and liberalize the financial market, as stated…
US dollar faces pressure amid rising yields and commodity currencies strength
By Press Room
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The US dollar is showing signs of strain against commodity currencies, despite the rise in yields, indicating a market shift favoring growth…
The currency pair experienced a rebound from its weekly lows, trading higher near 0.5930 during the Asian session on Thursday, Nov 09,…
NZD strengthens, GBP lags as U.S. crude oil stocks surge and Bitcoin reaches May high
By Press Room
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Today, as the North American trading session commenced, the New Zealand Dollar (NZD) demonstrated strength while the British Pound (GBP) lagged. The…
The exchange rate experienced a slight rebound on Thursday despite global cautious trading and enduring market volatility. The rate appreciated by 0.4%…
By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) -Currency markets were bracing for remarks from Fed chair Jerome Powell on Thursday, waiting…
Investing.com – The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains, but activity…
Investing.com– Most Asian currencies moved little on Thursday as disappointing inflation data from China weighed on sentiment, while weakness in the Japanese…
Central Bank of Nigeria refutes cash scarcity rumors, affirms legality of old Naira notes
By Press Room
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Today, the Central Bank of Nigeria (CBN) addressed public concerns over the legitimacy of old Naira notes and rumors of cash scarcity….
Taka depreciation intensifies amid dollar crisis and reduced remittance inflow
By Press Room
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The Bangladeshi Taka continues to depreciate against the US dollar, leading to heightened financial strain for businesses and economic repercussions. Today, the…