Browsing: Currency

(TAP) – Net foreign currency assets stood at TND 23.3 billion, or 107 days of imports, on June 14, 2024, compared with TND 22.7 billion (98 days of imports) a year earlier, according to monetary and financial indicators published recently by the Central Bank of Tunisia (BCT).

Washington’s policies are simply pushing Moscow further along a path it has already embarked on

Two decades ago, countries began to ditch their national currencies to adopt the euro With Europeans heading to the polls…

NEW YORK – The dollar was lower on Friday and on track for its first monthly decline in 2024 after data showed U.S. inflation rose in line with expectations in April, offering little clarity on how soon the U.S. Federal Reserve will be able to cut interest rates.

Against a basket of currencies, the dollar was down 0.11% to 104.44, for a 1.7% decline on a monthly basis

LONDON/SINGAPORE  – The Japanese yen drifted to its softest level in four weeks against the dollar on Wednesday on the back of rising U.S. yields, as placid markets encouraged investors to resume carry trades, while the euro weakened after German inflation data.

The Russian ruble continued to strengthen against major currencies on Monday, jumping to its highest level against the dollar since late January, trading data from the Moscow Exchange (MOEX) shows.

The pound held steady on Thursday near multi-month highs a day after British Prime Minister Rishi Sunak called a national election and data showed…

NEW YORK – The dollar slipped against most major currencies on Friday as traders booked profits after recent gains but the U.S. currency remained well-placed for further advances, supported by strong U.S. economic data that has prompted markets to dial back expectations for interest rate cuts.

The change in rating reflects, “increased predictability of policies and decision-making processes affecting non-government issuers given institutional improvements,” the ratings agency said