An unusual interest rate check by the New York Federal Reserve has lowered the threshold for possible currency intervention in Japan, leading to a sharp rebound in the yen after months of weakness. However, according to Reuters, the prospects of a coordinated dollar selling campaign by Japan and the United States remain remote for now.The […]
The Indian rupid struck a low point and this week was consistently under pressure, wounded by worries about how American rates and changes in immigration policy can dent the trade, transfers and foreign portfolio in India. The rupid closed on Friday at 88,7175 against the US dollar, little changed to the day, but with 0.7% […]
The Indian rupid struck a low point and this week was consistent under pressure, wounded by worries about how American rates and changes in immigration policy can dent trade, transfers and foreign portfolio in India. The rupid closed on Friday at 88,7175 against the US dollar, little changed to the day, but with 0.7% dropped […]