Page 16 - Currency

Modi launches new series of coins with Azadi Ka Amrit Mahotsav design

Prime Minister Narendra Modi on Monday launched a special series of coins that are also 'visually impaired friendly'.

How to save your portfolio against falling rupee?

Indian rupee has depreciated nearly 4% this year. While the overall impact of a weaker rupee is negative on the equity market, some sectors stand to benefit from this fall. Find out more about them

Russia poised to cut interest rates to stem ruble rally that's gone too far

An unscheduled policy meeting for Thursday has spurred expectations for a big reduction, and the possibility that capital restrictions may be loosened further

Value of Pakistani Rupee hits all time low of Rs 200 against US dollar

The Pakistani rupee continued its month-long run of devaluation, with the currency trading at its all-time low of Rs 200 against the US dollar on Thursday.

Rupee hits fresh all time low as investors rush for safe haven assets

The Reserve Bank of India has beefed up its intervention in the currency market which slowed the pace of the fall

Sri Lanka's new PM to sell national airline, print money to pay salaries

Wickremesinghe -- less than a week into the job -- said he was forced to print money to pay salaries, which will pressure the nation's currency

Rupee appreciates 17 paise to 77.17 against US dollar in early trade

The rupee appreciated 17 paise to 77.17 against the US dollar in opening trade on Wednesday as the American currency retreated from its elevated levels

How a weaker rupee will impact the Indian economy and people?

Indian rupee touched an all-time low against a surging US dollar. Every 5% fall in the rupee adds about 10-15 bps to the inflation. So, what does a weaker rupee mean for the Indian economy?

China's currency hits 18-month low against dollar, falls to 6.7134

China's Yuan hit the lowest mark against the US dollar in the last 18 months on Tuesday, falling to 6.7134 against the dollar, the lowest figure since October 30, 2020.

Dollar on track for best month since 2015

The dollar hit a 20-year high against the yen on Thursday, as the Japanese currency was hurt by dovish Bank of Japan policy

Insolvent Sri Lanka should swap its central bank with currency board

Currency boards are typically associated with lower inflation, higher economic growth and smaller fiscal deficits when compared with hard pegs that are supported by promises, rather than protocols

'Dollar is king' mantra rings across currencies as yen drops to 20-year low

Traders focus on potential half-point Federal Reserve rate hike next week; Bloomberg dollar gauge set for best monthly gain in a decade

Rupee surges 19 paise to 76.31 against US dollar in early trade

The rupee appreciated 19 paise to 76.31 against the US dollar in opening trade on Wednesday, tracking positive trends among Asian and emerging market currencies

Euro hovers near two-year low vs dollar as ECB disappoints markets

The European single currency fell to $1.0758, the lowest level since April 2020. It was last down 0.53% at $1.0827

Dollar index back above 100 ahead of expected red-hot US inflation data

The dollar's gains have been most striking against the yen

Sri Lanka faces worst currency depreciation, tourism affected: Lanka IOC MD

The managing director said that fortunately tourism had recently picked up but news articles on social media have adversely affected the sector

Euro slips to month-low as West prepares new Russia sanctions

The dollar index, which measures the greenback against six peers, rose 0.12% to 99.600, after touching its highest since May 2020 of 99.759

Pakistan rupee at historic low on repayments of Chinese loans

Pakistan borrowed heavily from China during the last three years

Dollar edges higher ahead of payrolls, resumes climb versus yen

The U.S. currency also garnered support due to its status as a pre-eminent safe haven, with peace talks between Russia and Ukraine stumbling, though they are set to resume later on Friday.

Euro holds at one-month high, yen set for worst month since 2016

The European single currency was at $1.1175 holding its highest in a month, having gained 1.7% so far this week.