The Indian rupee saw a modest recovery on December 20, appreciating by 6 paise to open at Rs 85.07 against the US dollar in early trade. This comes after it hit an all-time low of Rs 85.13 the previous day, depreciating by 19 paise. The currency briefly stabilised during the…
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Donald Trump, the president-elect of the United States, has issued another warning to the European Union, threatening tariffs if…
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The Federal Reserve, in a widely anticipated move, lowered its key interest rate by a quarter percentage point on…
On Thursday, the Bank of Japan (BOJ) maintained its benchmark interest rate at 0.25%, citing uncertainties in Japan’s economic…
The USD/NOK exchange rate jumped to its highest level since March 2020 as crude oil prices dropped and as…
The South African rand has remained on edge as emerging market currencies slumped after the hawkish Federal Reserve interest…