We don’t yet know if we’re getting the ‘Art of the Deal’ Trump or the ‘Time to Get Tough’ Trump, which is complicating things ...

The rupee has been on the depreciation path in the last few months due to various factors such as widening trade deficit, ...

The consistent appreciation of the exchange value of the naira has sent a shockwave through the foreign exchange (FX) market, especially among the parallel segment traders who are wary of being ...

Since September 1, the rupee has lost 2.91% to the dollar while the renminbi is down 3.28% ... The world’s reserve currency has surged with the dollar index hitting 110 earlier this week.

In local currencies, the swap was worth 15 billion renminbi or N720 billion ... ramping up efforts to boost the yuan's appeal as an alternative currency in international trade and as a reserve ...

The survey added that one of the primary factors behind Rupee's depreciation in 2024 has been the broad-based strengthening ...

The emerging consensus among analysts is that the MAS will pivot in 2025 and that the Singapore dollar will weaken, even if there is disagreement about how soon officials will change tack. MAS uses ...

Having control over the world’s reserve currency allows shaping the conduct ... for settling oil and gas transactions using the renminbi. If it succeeds in persuading the Gulf States to join ...

But the renminbi fell 13.7 per cent ... Second, the tariffs would serve as a payment for the U.S. defence umbrella and reserve currency (even though a user fee would be more efficient). Third, they ...

Donald Trump’s tariffs shook markets on Monday, with the dollar surging and global equity markets sliding as investors rush to assess how the levies will affect the US and its biggest trading partners ...

Ahead of his confirmation hearing for Treasury, billionaire hedge-fund manager Scott Bessent outlined holdings that could pose a conflict of interest and said he would divest.