-
15:45
-
14:15
-
13:30
-
11:06
-
17:15
-
10:50
-
10:19
-
08:00
-
16:45
Keywords: Foreign exchange
ABB India reported a fourth consecutive quarterly decline in profit as rising raw material prices, foreign exchange volatility, and higher operational expenses continued to pressure the company’s margins. The engineering and technology firm announced that profit from continuing operations fell......
Morocco’s Office des changes has initiated a nationwide training campaign to support the rollout of a new unified foreign exchange platform, marking a significant step in the country’s financial digitalization efforts. The initiative, launched in mid-April, is designed to prepare currency......
Japan is reported to have intervened heavily in the foreign exchange market, spending more than 30 billion dollars to support the yen as it weakened against the US dollar, according to local media reports. The intervention, estimated at around 5,000 to 6,000 billion yen (approximately 32 to 38 billion......
Pound sterling weakened slightly on Monday as rising geopolitical tensions between the United States and Iran unsettled global financial markets and boosted demand for the U.S. dollar as a safe-haven asset. Investor sentiment turned cautious after renewed uncertainty over a fragile ceasefire agreement,......
South Korea and the United States have agreed that excessive volatility in the Korean won is undesirable and that both countries will continue close consultations on foreign exchange market developments, according to Seoul’s finance ministry. The agreement was reached during a meeting between......
The World Bank has cautioned that risks surrounding India’s projected economic growth remain tilted to the downside, despite a generally stable macroeconomic environment. India’s economy is expected to grow by around 6.6% in the 2026–2027 fiscal year, maintaining its position among......
A recent rally in the Indian rupee has triggered a sharp increase in hedging activity, as importers move quickly to secure favorable exchange rates for future dollar payments. The appreciation of the currency follows measures introduced by the Reserve Bank of India to curb speculative trading and arbitrage......
India’s central bank has introduced stricter foreign exchange measures aimed at stabilizing the national currency, as authorities seek to reduce volatility linked to global market pressures. The Reserve Bank of India (RBI) recently implemented new rules limiting banks’ exposure to foreign......
India’s central bank, the Reserve Bank of India (RBI), has introduced new restrictions on currency trading as the rupee continues to face sustained pressure in global markets. The move aims to stabilize the currency and limit speculative activity. Under the new directive, banks and authorized......