Browsing: Currency

The euro was little changed at $1.0871, not far from the nearly two-month high of $1.0895 it touched last week

The share of ruble transactions in Russia’s foreign trade, particularly with the rest of Europe, has been steadily growing, hitting record highs in March, according to data from the country’s central bank.

SINGAPORE – The U.S. dollar had a soft tone in early Asian trading on Friday after losing ground overnight to the euro and sterling on the back of U.S. data showing further signs of a cooling labour market and hence higher odds of Fed rate cuts this year.

The partnership between the UAE and Indonesia witnessed a remarkable growth in non-oil trade, doubling between 2017 and 2023 to reach more than $4.35bln

MOSCOW, May 6. /TASS/. The dollar exchange rate has rosen by 5 kopecks since last close, with the greenback trading at 91.65 rubles on the Moscow Exchange at the start of trading on Monday.

The report expected the country’s reserves to rise further by $2.60 billion in FY25/26 Egypt’s international reserves are expected to…

MOSCOW, May 2. /TASS/. The dollar exchange rate has grown by 69.5 kopecks on Wednesday’s close, trading at 93.75 rubles on the Moscow Exchange as the trade opened on Thursday.

The southern African country dumped the Zimdollar earlier this month after it lost more than 70% of its value against the U.S. dollar

The “weaponization” of the US dollar through the seizure of frozen Russian assets could prompt a global shift away from the greenback, Bloomberg reported on Wednesday, citing a former International Monetary Fund (IMF) official.  

Japan is concerned about negative effects of the weak yen, finance minister Shunichi Suzuki said on Friday, in a fresh warning to speculators as the currency fell further after the central bank’s widely expected decision to hold rates steady.