Tag: currencies
India’s May gold imports surge multifold as prices correct before key festival
MUMBAI, June 6 (Reuters) - India's gold imports in May jumped 677% from a year ago to the highest level in a year as...
Russia seen cutting key rate by 100 bps to 10% on Friday: Reuters poll
June 6 (Reuters) - The Russian central bank is expected to cut its key interest rate by 100 basis points to 10% on Friday...
Analysis: Sterling traders see Johnson emerging weaker from confidence vote
June 6 (Reuters) - The pound firmed on news of the confidence vote against British Prime Minister Boris Johnson, betting he will emerge weakened...
Asian wealth managers seen wary of digital assets despite soaring demand
SINGAPORE, June 6 (Reuters) - Wealth managers in Asia are holding back from offering digital assets to investors despite soaring demand due to a...
Erdogan promises more rate cuts, plays down inflation in Turkey
ISTANBUL, June 6 (Reuters) - Turkey will continue cutting interest rates rather than hiking them in the face of high living costs, President Tayyip...
South African rand firms as global sentiment improves
June 6 (Reuters) - The South African rand strengthened on Monday, as investors globally welcomed signs of an easing of restrictions by China, ahead...
Bitcoin gains over 5% to $31,441.76
June 6 (Reuters) - Bitcoin rose 5.2% to $31,441.76 at 2000 GMT on Monday, adding $1,552.78 to its previous close. The world's biggest and best-known...
Sterling holds gains as UK’s Johnson wins confidence vote
LONDON/NEW YORK, June 6 (Reuters) - The British pound held gains late on Monday against the dollar and euro, after Prime Minister Boris Johnson...
Stocks gain on improved sentiment, crude at $120
NEW YORK, June 6 (Reuters) - Global equity markets rose on Monday on signs of an easing of COVID-19 pandemic-related and other restrictions by...
NY bill aims to limit crypto miners using fossil fuel-generated power
June 6 (Reuters) - The New York State Legislature has passed a bill that would impose a two-year moratorium on the use of fossil-fuel...
Dollar gains as risk appetite fades, inflation data eyed
NEW YORK, June 6 (Reuters) - The dollar gained against a basket of major currencies on Monday as risk appetite waned from earlier levels,...
Dollar extends 20-year high vs yen amid inflation jitters; Aussie slips before RBA
TOKYO, June 7 (Reuters) - The dollar continued its overnight rally into Asian trading hours on Tuesday, hitting fresh two-decade highs versus the yen,...