Tag: Foreign Exchange
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Ringgit Dips Against US Dollar After Fed Keeps Rates Steady
Fed Maintains Rates, Upholds Stronger U.S. Currency The global financial landscape shifted modestly as the United States Federal Reserve decided to hold its benchmark interest rate steady, citing continued evidence of a gradual economic slowdown and controlled inflation. The decision, broadly expected by markets, reinforced expectations that the U.S. central bank will maintain a tighter…
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US Dollar Slides as Trump Embraces the Decline, Singdollar Hits 11-Year Peak
Overview: The Dollar’s Decline Deepens The U.S. dollar continued its four-day descent, slipping to a level not seen since early 2022. Traders cited a mix of softer-than-expected U.S. data, shifting expectations for interest-rate paths, and political comments that investors interpreted as tolerance for a weaker greenback. The decline came as the broader currency market sought…
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US Dollar Slumps to Four-Year Low as Trump Emerges Comfortable with Decline; Singdollar Hits Fresh 11-Year High
Dollar Dives to Four-Year Low Amid Politician’s Remarks The US dollar extended a multi-day slide, sinking to its lowest level since early 2022 as investors reacted to renewed political signals and shifting expectations for monetary policy. Comments from President Donald Trump suggesting he was comfortable with the currency’s decline added to market sentiment that the…
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Yen Intervention Alert as Takaichi Warns of Action to Halt Slide
Markets on Edge as Yen Intervention Seems Possible Traders and policymakers are starting the week with heightened vigilance over the yen, as Japan weighs potential government intervention to curb the currency’s recent slide. Prime Minister Sanae Takaichi warned of action on abnormal moves, signaling that Tokyo is prepared to deploy measures if the depreciation accelerates…
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Rupee Sinks to 91.28 Against USD in Early Trade Amid Broad Dollar Demand
Rupee Falls to New Lows in Early Trade The Indian rupee extended its depreciation streak, slipping 31 paise in early trade to reach 91.28 against the US dollar. The move marks another fresh low for the local currency, underscoring ongoing pressure from a firm dollar and global risk-off sentiment that has weighed on emerging market…
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Pakistan’s December 2025 Current Account Deficit: What It Signals for the Economy
Overview: A Deficit After a Brief Surplus Pakistan’s current account posted a deficit of $244 million in December 2025, according to data released by the State Bank of Pakistan (SBP). This marks a sharp reversal from the previous month, when the current account had a surplus of around $100 million. The December reading suggests renewed…
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Ghana’s 2026 Focus: Consolidating Gains and Strengthening Markets Under BoG
BoG signals a year of consolidation in 2026 Dr. Johnson Pandit Asiama, Governor of the Bank of Ghana (BoG), outlined a clear strategic direction for 2026: consolidate the macroeconomic gains achieved in 2025 and deepen resilience in Ghana’s foreign exchange and money markets. Speaking to stakeholders and the public, Asiama emphasized that the central bank’s…
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Ghana’s 2026 Economic Focus: BoG Governor Charts Consolidation and Market Strength
Overview: 2026 as a Year of Consolidation In a clear signal of financial sobriety, Dr. Johnson Pandit Asiama, the Governor of the Bank of Ghana (BoG), outlined a cautious yet optimistic outlook for 2026. He emphasized that the central bank’s primary task will be to consolidate the macroeconomic gains achieved in 2025 while strengthening Ghana’s…
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Ghana BoG 2026 Consolidation: Macro Gains, FX Deepening, and Market Strength
Ghana’s Central Bank Sets a Focused 2026 Strategy Dr. Johnson Pandit Asiama, Governor of the Bank of Ghana (BoG), outlined a measured path for 2026, centering on consolidating the macroeconomic gains achieved in 2025 and further strengthening the country’s foreign exchange (FX) and money markets. In a year characterized by disciplined market operations and deliberate…
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INR vs USD: 5 Key Reasons the Rupee May Stay Under Pressure
Overview: The Rupee’s Fragile Path Against the Dollar The Indian rupee has faced persistent dollar strength, slipping for a third consecutive session as risk appetite shifts and capital flows reallocate. With the dollar index firm and global yields fluctuating, the rupee’s decline to around 90.44 per US dollar early on Friday highlights the challenges buyers…