You Searched For "global reserve currency" and got 20 results
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3 mins read
De-dollarization is a fad that will backfire on countries trying to move away from the greenback, currency expert says
Dollar dominance is sticking around for at least the next few decades, one currency expert told Bus…
Jennifer Sor
2 mins read
India's digital public infrastructure is transforming country's economic landscape, notes RBI
Built on principles of public good, open access, and regulatory fairness, India Stack has become a …
ANI
1 min read
Rupee recovers from all-time low, rises 9 paise to 83.69/USD in early trade
At the interbank foreign exchange market, the local unit opened at 83.72 against the American curre…
PTI
2 mins read
Rupee trades in narrow range against US dollar in early trade
At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at …
PTI
1 min read
India's forex reserves jump USD 5.08 bn to USD 595.40 bn
India's forex reserves increased by USD 5.077 billion to USD 595.397 billion during the week ended …
PTI
1 min read
Rupee trades flat 83.49 against US dollar in early session
Powell's testimony offered little new guidance on the US central bank's plans for when it mig…
PTI
2 mins read
Global markets are starting the week off on a sour note, and Japan is partly to blame
Investors have been borrowing the Japanese yen on the cheap to fund higher-yielding investors. But …
Huileng Tan
2 mins read
Gold jumps ₹530, silver bounces ₹1,200 on firm global cues
"In Delhi markets, spot gold prices (24 carats) are trading at Rs 73,080 per 10 grams, up by R…
PTI
1 min read
Russia is doubling down on its de-dollarization efforts as Putin calls to reduce use of 'toxic' currencies
Russia's use of "toxic" currencies has been slashed in half over the past year, Putin said.
Jennifer Sor
2 mins read
Rupee sees range-bound trade against US dollar in morning deals
At the interbank foreign exchange market, the local unit opened at 83.52 and gained further to …
PTI
2 mins read
The global 'carry trade' is unwinding. Here's why it's a brutal force crushing stocks worldwide.
The yen carry trade refers to investors borrowing money at near-zero interest rates in Japan and th…
Matthew Fox
1 min read
Rupee declines 5 paise to 83.43 against US dollar in early trade
At the interbank foreign exchange, the domestic unit opened weak at 83.39 against the greenback and…
PTI
3 mins read
Stock markets begin week on a cautious note with key indices slipping into red
The BSE Sensex fell by 346.25 points, opening at 76,863.65, reflecting a 0.45 per cent decline. Mea…
ANI
1 min read
Gold prices soar to 7-month high
Gold prices have been rising in the international market on the back of depreciating US dollar and …
3 mins read
People in China continue to buy gold even as the currency remains weak!
Record-high gold prices driven by global uncertainties and central bank rate cuts lead to increased…
Huileng Tan
2 mins read
Rupee opens on flat note against US dollar in early trade
Market participants will keenly watch India's trade balance data due later in the day as any de…
PTI
2 mins read
Rupee falls 6 paise to 83.54 against US dollar in early trade
At the interbank foreign exchange market, the local unit opened at 83.52 and lost further groun…
PTI
2 mins read
Rupee rises 1 paisa to 83.43 against US dollar in early trade
The rupee inched up 1 paisa to 83.43 against the US dollar in early trade on Thursday on the back o…
PTI
1 min read
Rupee falls 9 paise to 83.27 against US dollar in early trade
The rupee depreciated 9 paise to 83.27 against the US dollar on Wednesday, tracking a negative tren…
PTI
3 mins read
De-dollarization and global reserves dominance, explained by a top currency economist and the inventor of the 'dollar smile' theory
Insider's Phil Rosen interviews Eurizon SLJ economist and inventor of the dollar smile theory, Step…