RBI to raise rates again, slim majority of economists expect 50 bps hike: Reuters poll

A Reserve Bank of India (RBI) logo is seen at the gate of its office in New Delhi, India, November 9, 2018. REUTERS/Altaf Hussain/File Photo Register now for FREE unlimited access to Reuters.com Register BENGALURU, Sept 23 (Reuters) – The Reserve Bank of India is set to raise interest rates again next week with a … Read more

Pound falls to 37-year low on anniversary of Black Wednesday

Pound banknotes are seen in this illustration taken March 1, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 16 (Reuters) – Sterling marked the 30th anniversary of “Black Wednesday” by falling to a fresh 37-year low against the US dollar on Friday, and a 19-month trough against the … Read more

Column: G7 could give FX more attention: Mike Dolan

G7 trade and economy ministers line up for a family photo in front of Neuhardenberg Castle, Germany, September 15, 2022. REUTERS/Annegret Hilse Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 16 (Reuters) – Japan may seem like a lonely voice in the Group of Seven pleading for some currency calm, but the … Read more

Stocks slide as data rattles markets, yen squashed

People walk past a screen displaying the Hang Seng stock index outside Hong Kong Exchanges, in Hong Kong, China July 19, 2022. REUTERS/Lam Yik/File Photo Register now for FREE unlimited access to Reuters.com Register Dollar/yen flies past 144 MSCI AxJ index hits lowest since June 2020 Europe futures slip HONG KONG, Sept 7 (Reuters) – … Read more

India’s status as world’s fastest growing major economy to be short-lived: Reuters poll

Garment workers cut fabric to make shirts at a textile factory of Texport Industries in Hindupur town in the southern state of Andhra Pradesh, India, February 9, 2022. REUTERS/Samuel Rajkumar Register now for FREE unlimited access to Reuters.com Register BENGALURU, Aug 29 (Reuters) – India likely recorded strong double-digit economic growth in the last quarter … Read more

Argentine peso falls in parallel black market to all-time low

Argentine one hundred peso bills are displayed in this picture illustration taken September 3, 2019. REUTERS/Agustin Marcarian/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register BUENOS AIRES, July 19 (Reuters) – Argentina’s peso surpassed the psychological barrier of 300 pesos per US dollar in the black market on Tuesday, hitting a record low … Read more

No place to hide: Dollar’s surge cuts across markets

US one dollar banknotes are seen in this illustration taken February 8, 2021. REUTERS / Dado Ruvic / Illustration Register now for FREE unlimited access to Reuters.com Register LONDON, May 6 (Reuters) – “Our currency, your problem,” were the words of a former US Treasury secretary in 1971 to other finance ministers aghast at the … Read more

Dollar surge leaves trail of destruction

US dollar notes are seen in this November 7, 2016 picture illustration. REUTERS / Dado Ruvic / Illustration Register now for FREE unlimited access to Reuters.com Register LONDON, April 29 (Reuters) – The dollar’s race to two-decade highs is leaving a trail of destruction in its wake, exacerbating inflation in other countries and tightening financial … Read more

Analysis: Russia-Ukraine fallout starts felling fragile ‘frontier’ economies

Egyptian workers prepare dough before baking Egyptian traditional loaves of bread in a bakery at Cairo’s southeastern Mokattam district, as the prices of basic goods in Egypt have risen since Russia’s invasion of Ukraine, in Egypt, March 16, 2022. REUTERS / Amr Abdallah Dalsh / File Photo Register now for FREE unlimited access to Reuters.com … Read more

Sri Lanka crisis sends inflation warning worldwide

A demonstrator reacts after fire was set to a bus parked at the top of the road to Sri Lankan President Gotabaya Rajapaksa’s residence during a protest against him as many parts of the crisis-hit country faced up to 13 hours without electricity due to a shortage of foreign currency to import fuel, in Colombo, … Read more