Dollar shine fades as risk appetite rebounds for now By Reuters

© Reuters. FILE PHOTO: U.S. Dollar and Chinese Yuan banknotes are seen in this illustration taken January 30, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Dhara Ranasinghe LONDON (Reuters) -The dollar eased from recent 10-weak peaks on Tuesday as global risk appetite recovered after being hurt by a jump in U.S. government bond yields and a weakening

Pakistan rupee hits record low vs dollar By Reuters

© Reuters. FILE PHOTO: A currency trader counts Pakistani Rupee notes as he prepares an exchange of U.S dollars in Islamabad, Pakistan December 11, 2017. REUTERS/Caren Firouz/File Photo KARACHI, Pakistan (Reuters) – fell 0.6% in the interbank market to a record low of 299 against the dollar on Tuesday, traders said. The rupee has continue

China state banks seen mopping up offshore yuan to stem currency weakness By Reuters

© Reuters. FILE PHOTO: Coins and banknotes of China’s yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo SHANGHAI (Reuters) -China’s major state-owned banks were seen actively mopping up the on Monday, three people with knowledge of the matter said, as the currency comes under growing pressure from a darkening

Dollar steady as China disappoints, traders eye Jackson Hole meeting By Reuters

© Reuters. FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Samuel Indyk and Tom Westbrook LONDON (Reuters) – The dollar held firm on Monday following five straight weeks of gains, as investors looked ahead to the Federal Reserve’s Jackson Hole symposium for guidance on where

Turkey begins rolling back costly FX-protected deposits By Reuters

© Reuters. FILE PHOTO: Woman holds Turkish Lira banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration ANKARA (Reuters) -Turkey’s central bank began rolling back on Sunday a growing and costly scheme that protects lira deposits from FX depreciation, marking another move toward more orthodox policies following a shift toward interest rate hikes. The

Bitcoin falls 7.2% to $26,634 By Reuters

© Reuters. A representation of cryptocurrency Bitcoin is placed on a PC motherboard, in this illustration taken June 16, 2023. REUTERS/Dado Ruvic/Illustration/File photo (Reuters) – dropped 7.2% to $26,634 at 21:45 GMT on Thursday, losing $2,067 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 16.3% from the year’s high of

Rouble strengthens as market anticipates possible capital controls By Reuters

© Reuters. The newly designed Russian 100-rouble banknotes are seen at the Goznak printing factory in Moscow, Russia July 6, 2022. Moscow News Agency/Handout via REUTERS ATTENTION EDITORS – THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. MANDATORY CREDIT. By Alexander Marrow and Elena Fabrichnaya (Reuters) – The Russian rouble strengthened to 93 against