Foreign exchange experts believe the Malaysian ringgit’s value may appreciate further soon versus the US dollar. They believe this event can happen as COVID-19 restrictions and other related prohibitions loosened…
The Japanese yen plummeted to as low as 112.32 yen per US dollar today, Monday, October 11. This event is reportedly the official currency of Japan’s reaction as the US…
The foreign exchange markets opened today, Monday, October 4, with a weaker US dollar. This development comes as the official currency of the United States offset wagers that the US…
The weakening of the Philippine peso is now more apparent as it has reached the ₱51-level against the US dollar. However, this event does not leave the Philippine central bank…
A recent slide in the Pakistani rupee against the basket of main currencies, primarily the US dollar, has made financial news headlines lately. In the foreign exchange market, the rout…
India’s foreign exchange reserves have demonstrated increases lately. This event is boosted by the billions-worth of special drawing rights holdings the International Monetary Fund (IMF) had allocated for the South…
Chinese government official Chen Yulu announced that China’s foreign exchange or forex market oversight at micro and macro levels would get boosted. The People’s Bank of China’s deputy governor delivered…
The US dollar was nursing losses earlier today, Monday, August 30, following US Federal Reserve System’s Chairman Jerome Powell managing to flag an exit from emergency monetary policy settings. The…
The businessmen’s panel of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed their concern about the Pakistani rupee’s instability against the US dollar. The Pakistani business…
The US dollar demonstrated optimism at the start of this week. It climbed against its major peers today, Monday, August 9. We want to share this latest foreign exchange news…
South Korea’s Ministry of Economy and Finance announced that it intends to issue US$1.5 billion or 1.7 trillion won worth of forex bonds in Europe and the United States. This…
The British pound sterling, euro, and Australian dollar demonstrated higher trading against the US dollar today, July 12. These risk currencies’ exchange rates against the greenback demonstrated subsiding pressure on…
The business sector in Nigeria decried the challenge of access to foreign exchange. The business executives believe that the forex aspect needs overhauling to improve the West African nation’s economy….
The US dollar held firmly during the early trading session today, Monday, June 28. The greenback’s index against six other major currencies appeared steady at 91.793. This measure had recovered…
The analysts from Goldman Sachs expressed their insights regarding the US dollar’s latest holding of almost multi-month high. They noted that they do not anticipate a sustained greenback. We want…