Latest News for: Global currency trading

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Yuan's global status continues to rise

People Daily 25 Mar 2023
Pan Gongsheng, vice-governor of the PBOC, said in early March that the country will work to lift the currency's global profile by improving the trading and settlement system for cross-border investment and financing using the Chinese yuan.
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Chinese Yuan’s global status continues to rise

Blitz 25 Mar 2023
Pan Gongsheng, vice-governor of the PBOC, said in early March that the country will work to lift the currency’s global profile by improving the trading and settlement system for cross-border investment and financing using the Chinese yuan.
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Rupee falls 24 paise to close at 82.44 against US dollar

Indian Express 24 Mar 2023
At the interbank foreign exchange market, the local unit opened lower by 12 paise at 82.32 as the US dollar rebounded against global currencies ... 'We expect the Indian Rupee to trade with a negative bias on risk aversion in global markets and a positive Dollar ... Global equity markets ...
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Rupee slips 4 paise to 82.24 against dollar in early trade

Indian Express 24 Mar 2023
At the interbank foreign exchange market, the local unit opened lower by 12 paise at 82.32 as the US dollar rebounded against global currencies in early Asian trade ... against a basket of six currencies, was trading 0.06 per cent higher at 102.63.
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Rupee slips 4 paise to 82.24 against firm dollar in early trade

Business Line 24 Mar 2023
... opened lower by 12 paise at 82.32 as the US dollar rebounded against global currencies in early Asian trade.
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India's forex reserves rise to $572 bn, over six-week high

Live Mint 24 Mar 2023
... the global banking crisis. The currency traded in a range of 81.75 to 82.80 last week.The rupee ended at 82.48 on Friday with marginal gains for the week.  .
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Deutsche Bank Tumbles, Default Protection Costs Spike As U.S. Bank Crisis Spreads To Europe

Tyler Morning Telegraph 24 Mar 2023
Default costs on its subordinated debt were pegged at 585 basis points, according to S&P Global Market Intelligence data ... dollar index, which tracks the greenback against a basket of six global currencies, was marked 0.68% higher at 103.227 in safe-haven trading.
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Stocks Slump, Fed Borrowing, Deutsche Bank Tumbles, Block Hits Back, Do Kwon Indictment - Five ...

Longview News-Journal 24 Mar 2023
Her remarks helped U.S stocks build modest gains into the close of trading, with the S&P 500 rising 0.3% to reclaim levels last seen prior to the collapse of SVB Financial on March 10 ... dollar index, which tracks the greenback against a basket of six global currencies, was marked 0.66% higher at 103.206 in safe-haven trading.
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Russia embraces Chinese yuan as attack on US dollar continues

Invezz 23 Mar 2023
Central banks were allocating more to nontraditional currencies, while the dollar’s share of global trade was also decreasing ... given its safe haven properties and status as the global reserve currency – albeit with a pullback in recent months as inflation has softened.
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Rupee gains 32 paise to close at 82.27 against US dollar

The Telegraph India 23 Mar 2023
The rupee gained 32 paise to close at 82.27 (provisional) against the US dollar on Thursday, tracking the weakness of the American currency in the overseas market ... Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.03 per cent lower at 102.31.
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It Is Done: Putin Announces Agreement for the Yuan to Become the New Global Reserve ...

The Unz Review 23 Mar 2023
The yuan is now the de facto global reserve currency ... The Russian announcement of standardizing the yuan as the global trade currency is the most significant threat to US hegemony since Adolf Hitler, and this morning the media is fixated on histrionic nonsense about Donald Trump.
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Fed interest rate increase punctures U.S. stocks

Beijing News 23 Mar 2023
trading on Wednesday, the euro gained ground against the U.S ... In other currency pairs, the U.S ... dollar, with the NZDUSD pair trading at 0.6226 ... dollar experienced mixed trading against other major currencies on Wednesday. Global stock markets mostly rose on Wednesday, with several key indices hitting record highs.
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Stocks Nudge Higher, Yellen 'Blanket', Coinbase On Notice, Swiss Hike, Boeing Deal

Tyler Morning Telegraph 23 Mar 2023
dollar index, which tracks the greenback against a basket of six global currencies, fell another 0.2% overnight to change hands at 102.154, the lowest since February 1 ... Coinbase Global (COIN) - Get Free Report shares fell sharply lower in pre-market trading after the crypto ...
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Stocks Leap As Markets Take Bullish Signals From Fed Rate Outlook, Banking Crisis Cooling

Longview News-Journal 23 Mar 2023
The S&P 500 is back to the levels it traded at before the SVB collapse on March 10, ... dollar index, which tracks the greenback against a basket of six global currencies, fell another 0.124% early New York trading to change hands at 102.095, near the lowest since February 1.
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Commercial Metals Company Reports Second Quarter Fiscal 2023 Results

Longview News-Journal 23 Mar 2023
changes in economic conditions which affect demand for our products or construction activity generally, and the impact of such changes on the highly cyclical steel industry; rapid and significant changes in the price of metals, potentially impairing our inventory values due to ...
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