Asia Forex - Markets - Business Recorder

Asia Forex

Euro mired while Ukraine war weighs on growth

SINGAPORE: The euro was pinned near a 22-month low on Tuesday as war in Ukraine has darkened Europe’s economic...

Published 08 Mar, 2022 10:10am

Forex

China's yuan ends at 5-1/2-month high as investors welcome Biden-Xi meeting

SHANGHAI: China's yuan ended Tuesday's domestic trading session at a 5-1/2-month high against the dollar, as...

Published 16 Nov, 2021 05:02pm

Forex

Dollar eases from 16-month high as market seeks clues on Fed policy

TOKYO: The dollar eased back from near an almost 16-month high versus major peers on Monday, as traders awaited ...

Published 15 Nov, 2021 11:44am

Forex

Australia, NZ dollars buoyed by Chinese data, greenback weakness

SYDNEY: The Australian and New Zealand dollars were higher against the greenback on Monday, buoyed by better than...

Published 15 Nov, 2021 11:11am

Forex

China's yuan hovers at 3-week high ahead of Biden-Xi meeting

SHANGHAI: China's yuan hovered at a three-week high against the dollar on Monday on rising hopes for an improvement...

Published 15 Nov, 2021 09:39am

Financial

Offshore yuan wallows near record low as Sino-US tensions worsen

 The offshore yuan rebounded to 7.1845 per dollar as of midday, up from a record low of 7.1966 hit overnight. 
 S

Published 28 May, 2020 11:35am

Financial

Dollar stands its ground as Hong Kong tensions weigh

 The yuan, a barometer of US-China relations, hit a record low of 7.1966 per dollar in offshore trade on Wednesday a

Published 28 May, 2020 11:30am

Financial

Australia, NZ dollars rebuffed by resistance, fret on yuan fall

 The Aussie faded 0.4pc to $0.6592, having reached an 11-week top of $0.6680 on Wednesday only to stall short of res

Published 28 May, 2020 11:28am

Financial

Turkmenistan to introduce 100pc mandatory forex sales

The further tightening of foreign exchange controls could indicate a worsening of hard-currency shortages in the ti

Published 18 May, 2020 01:11pm

Financial

Chinese yuan falls on US tariff threat, Australian dollar sinks

Yuan set for biggest daily drop since March 25 Euro relatively stable, sterling gives back gains LON

Published 01 May, 2020 01:09pm

Financial

Dollar falls after Fed bolster lending and coronavirus fears ease

New York, the US state most afflicted by the coronavirus, offered fresh evidence that the arc of the disease caused

Published 10 Apr, 2020 02:28pm

Financial

China says will keep yuan stable, increase flexibility

China will also increase the flexibility of the yuan and keep the currency basically stable, it said. BEIJIN

Published 09 Apr, 2020 11:40am

Financial

Yuan strengthens as traders profit from dollar woes

The onshore yuan finished domestic trading 0.19pc stronger at 7.0960 per US dollar, after flatlining earlier in the

Published 26 Mar, 2020 01:29pm

Financial

Yuan eases to 2-week low on weaker midpoint fixing, virus concerns

The yuan was changing hands at 7.0044, 64 pips weaker than the previous late session close. The dollar stood t

Published 19 Feb, 2020 11:58am

Financial

Yen slips as infection rate slows, Chinese stimulus eyed

China posted the lowest daily rise in new infections since Jan. 29, seen by some investors as an indication contain

Published 19 Feb, 2020 11:53am

Financial

EM ASIA FX-Most Asian currencies slip against stronger dollar; weaker yuan fix weighs

The People's Bank of China set the midpoint rate at 7.0012 per dollar, 186 pips or 0.27pc weaker than the previous

Published 19 Feb, 2020 11:37am

Financial

Australia, NZ dollars swoon as economic costs of epidemic mount

The Aussie weakened 0.4pc to $0.6687, towards its recent decade trough at $0.6657. The failure on Monday to cl

Published 18 Feb, 2020 12:41pm

Financial

Yuan weakens to near 7/dlr on virus concerns, policy easing expectations

The trade dispute between Beijing and Washington was one of main pressure points for the yuan last year. The g

Published 18 Feb, 2020 12:24pm

Financial

EM ASIA FX-Asian currencies slip on concerns over rising virus impact to businesses

Apple Inc became one of the biggest corporate casualties of the epidemic after it warned on Monday it was unlikely

Published 18 Feb, 2020 12:16pm

Financial

Yuan firms as authorities steps to reduce epidemic's economic impact

The onshore yuan rose 0.17pc to 6.9760 per dollar by midday, while the offshore yuan was trading 0.21pc stronger at

Published 17 Feb, 2020 01:01pm

Financial

Yen edges up on virus woes, euro hounded before GDP data

The Chinese yuan nursed losses as the flu-like virus, which emerged late last year in China's central Hubei provinc

Published 14 Feb, 2020 12:55pm

Financial

EM ASIA FX-Most Asian units weaken on virus anxiety, but set for weekly gains

The outbreak in China showed no signs of peaking with health authorities on Friday reporting more than 5,000 new co

Published 14 Feb, 2020 11:45am

Financial

Yen gains, yuan and Aussie down as virus cases and deaths rise

The yen rose 0.2pc on Thursday to 109.89 yen, pulling back from its weakest since Jan. 21. The Australian doll

Published 13 Feb, 2020 01:03pm

Financial

Yuan drops after virus death toll hit like ‘ton of bricks’

The PBOC has vowed it will use tools to support key sectors, having already pumped billions of dollars into the mon

Published 13 Feb, 2020 12:53pm

Financial

EM ASIA FX-Most Asian currencies weaken as virus cases jump

The Singapore dollar weakened 0.2pc on the day, while the baht dipped slightly. The Indonesian rupiah weakened

Published 13 Feb, 2020 10:27am

Financial

New Zealand dollar jumps as RBNZ takes hawkish shift

The kiwi dollar jumped 0.9pc to $0.6460 on the surprise shift, taking it away from a recent three-month low at $0.6

Published 12 Feb, 2020 10:55am

Financial

Yuan inches higher as new virus infections in China fall to near 2-week low

The People's Bank of China set the midpoint rate - which spot can trade 2pc either side of - at 6.9718 per dollar p

Published 12 Feb, 2020 10:28am

Financial

EM ASIA FX Asian units gain on China stimulus hopes, drop in new virus cases

The onshore yuan firmed 0.2pc against the dollar, set for the second straight session of gains. The death toll

Published 11 Feb, 2020 12:34pm

Financial

EM ASIA FX Most Asian currencies firm as China returns to work

The Chinese yuan rose 0.2pc to 6.988 per dollar, supported by strong corporate demand for the local currency.

Published 10 Feb, 2020 11:49am

Financial

EM ASIA FX-Asian currencies ease as virus weighs on global economic outlook

The yuan slipped as much as 0.2pc to 6.983 per dollar, and was poised for its second weekly decline. The toll

Published 07 Feb, 2020 12:38pm

Financial

China's Jan yuan loans set to jump to 3 trln yuan, virus darkens growth outlook

Chinese banks tend to front-load loans at the beginning of the year to get higher-quality customers and win market

Published 07 Feb, 2020 11:00am

Financial

EM ASIA FX-Most currencies fall as virus outbreak fuels rate-cut bets

The Monetary Authority of Singapore (MAS) said its exchange rate-based monetary policy stance remained unchanged.

Published 05 Feb, 2020 11:19am

Financial

Australian dollar stages half-hearted bounce as RBA holds

The Aussie climbed 0.45pc to $0.6720 and away from a four-month low of $0.6679, a modest bounce following almost th

Published 04 Feb, 2020 11:57am

Financial

Dollar firm on manufacturing data, A$ gains after RBA

The dollar index held firm at 97.832, having risen 0.44pc on Monday, the biggest gain so far this year. The ye

Published 04 Feb, 2020 11:50am

Financial

Yuan tries to steady from slide as traders assess Beijing's response to virus

It opened at 7.0200 per dollar and was changing hands at 7.0032 at midday, 188 pips firmer than the previous late s

Published 04 Feb, 2020 11:32am

Financial

Yen gains, yuan skids as China virus fears grow amid rising death toll

Japan's currency, often sought as a safe-haven in times of uncertainty, rose to the highest in almost three weeks v

Published 27 Jan, 2020 12:11pm

Financial

Yuan hits 3-week low, yen rises as China grapples with virus outbreak

The yen rose to 108.73 per dollar, its strongest level since Jan. 8, before paring gains to trade up 0.16% at 109.0

Published 27 Jan, 2020 11:37am

Financial

Yuan heads for worst week since August amid virus jitters

Fears the outbreak could rapidly worsen put the Chinese currency on course for its first weekly loss in five.

Published 23 Jan, 2020 11:14am

Financial

China lifts yuan midpoint to highest level in 5 months

China's central bank lifted its official yuan midpoint to the highest in five months on Wednesday to reflect strong

Published 08 Jan, 2020 01:35am

Financial

Yuan holds steady on trade deal ahead of more detail

Currency markets were largely muted after a majority of lawmakers in the US House of Representatives voted to impea

Published 19 Dec, 2019 12:23pm

Financial

Yuan eased from 4-1/2-mth high as partial tariff rollback disappoints

The United States will maintain 25% tariffs on $250 billion of Chinese imports while halving tariffs on $120 billio

Published 16 Dec, 2019 11:33am

Financial

Brexit confusion rattles FX markets, boosts yen

Yen, franc gain on renewed Brexit jitters Currencies quiet before ECB, Scandinavian central bank meetings

Published 23 Oct, 2019 12:19pm

Financial

Pound sinks as key ally rejects Johnson Brexit plan

Sterling tumbled Thursday after Prime Minister Boris Johnson's key ally in parliament said it "could not support" h

Published 17 Oct, 2019 10:32am

Financial

Yuan ends at 1-mth high despite paring gains made on hopes of trade deal

U.S. President Donald Trump on Friday outlined the first phase of a deal to end a trade war with China and suspende

Published 14 Oct, 2019 10:56am

Financial

Dollar steadies as trade deal hopes fade, pound soft

The U.S. imposition of visa restrictions on Chinese officials, and the blacklisting of Chinese firms. "The tim

Published 09 Oct, 2019 12:51pm

Financial

Yuan touches 1-month low as tensions rise ahead of U.S.-China trade talks

U.S. officials said the two sides would still hold high-level talks on Thursday and Friday, days before Washington

Published 09 Oct, 2019 12:45pm

Financial

Dollar steady, yuan firms as U.S.-China trade talks spur caution

The Chinese yuan firmed in onshore and offshore trade as Chinese financial markets reopened after a week-long holid

Published 08 Oct, 2019 12:15pm

Financial

Dollar weakens vs yen as U.S. economic worries, trade frictions intensify

The dollar crossed 107 Japanese yen and touched a week low of 106.95 yen. It fell to $1.0964 per euro, though both

Published 03 Oct, 2019 10:57am

Financial

Sri Lankan rupee closes weaker; shares fall for third straight session

Sri Lanka's rupee closed weaker on Tuesday, following continued demand from importers and banks. The central b

Published 01 Oct, 2019 02:30pm

Financial

Sri Lankan rupee ends weaker; stocks snap two-day gaining streak

The central bank does not release foreign flow data on a daily basis, but weekly data in the past four weeks has sh

Published 17 Sep, 2019 01:18pm

Financial

Aussie dollar surges, Swiss franc drops after China cuts bank reserve ratios

LONDON: The Australian dollar hit the day's highs and the safe-haven Swiss franc dived against the euro after China cut

Published 06 Sep, 2019 10:40am

Financial

Yuan flat but set for first weekly gain in three on trade talk hopes

HONG KONG: The yuan was flat on Friday but was set to show its first weekly gain in three weeks after news that U.S. and

Published 06 Sep, 2019 08:57am

Financial

Dollar steadies as risk-on mood holds ahead of U.S. jobs data

SINGAPORE: Upbeat U.S. economic data gave the dollar an edge over its peers on Friday, arresting a recent flight from th

Published 06 Sep, 2019 08:13am

Financial

Australian shares end at 1-month high as Sino-U.S. trade talks lift mood, NZ rises

Australian shares ended a three-day losing streak to close at a one-month high on Thursday, as confirmation of U.S.-Chin

Published 05 Sep, 2019 10:30am

Financial

Japanese yen plunges, Chinese yuan jumps on US-China trade hopes

LONDON: The Japanese yen slipped and risky currencies flourished on Thursday as investors turned more optimistic that th

Published 05 Sep, 2019 08:21am

Financial

Pound builds on recovery as election looms, Asia markets rise

HONG KONG: The pound edged up Wednesday to extend the previous day's rebound with Britain looking set for a snap general

Published 04 Sep, 2019 06:32am

Financial

Pound suffers fresh pain as Brexit uncertainty takes grip

Hong Kong: The pound hit a two-and-half-year low Tuesday after British Prime Minister Boris Johnson threatened to call a

Published 03 Sep, 2019 09:08am

Financial

Australia, NZ dlrs ground down; record surplus no help

SYDNEY: The Australian and New Zealand dollars were under pressure on Tuesday amid doubts Sino-U.S. trade talks would ma

Published 03 Sep, 2019 08:01am

Financial

Sri Lanka rupee weakens amid fund outflows; stocks down

COLOMBO: Sri Lanka's rupee closed weaker on Monday, hovering near a seven-month closing low hit last week, as foreig

Published 02 Sep, 2019 02:25pm

Financial

Yen gains from August turmoil; yuan set for worst month since 1994

LONDON: The Japanese yen rose on Friday and is on track for its biggest monthly gain in three months as a global rush to

Published 30 Aug, 2019 12:02pm

Financial

Yuan weakens, on track for biggest monthly decline since 1994

SHANGHAI: The yuan resumed its decline against the dollar on Friday and was on track for its worst month since China's c

Published 30 Aug, 2019 10:05am

Financial

Aussie slips towards 10-yr low as U.S.-China trade hopes ebb

TOKYO: The Australian dollar slipped towards a 10-year trough while the yen hovered off its lows on Friday, as renewed h

Published 30 Aug, 2019 08:18am

Financial

Most Asian units set for monthly losses as trade tensions bite

Emerging Asian currencies were mixed on Friday with easing Sino-U.S. trade tensions helping export-driven currencies but

Published 30 Aug, 2019 07:44am

Financial

Sri Lanka rupee slips amid foreign fund outflow worries

COLOMBO: Sri Lanka's rupee slipped on Tuesday amid worries over further foreign fund outflows after the central bank

Published 27 Aug, 2019 12:40pm

Financial

Yen rises as investors flock to safe-haven assets

The Japanese yen rose and 10-year Treasury yields fell on Tuesday as investors fled to safer assets amid worries the U.S

Published 27 Aug, 2019 08:37am

Financial

China's yuan, stocks slump as trade dispute escalates

SHANGHAI: The Chinese yuan slumped to a fresh 11-year low against the dollar on Monday and stocks fell in the wake of fr

Published 26 Aug, 2019 08:54am

Financial

Yuan slumps to 11-year low as investors flee trade war risk

TOKYO: China's yuan hit an 11-year low in onshore trade and tumbled to a record low in offshore trade after a sharp re-e

Published 26 Aug, 2019 06:45am

Financial

China's yuan sinks to weakest in 11 years amid trade tension

SHANGHAI: China's currency slid on Monday to its weakest point in more than 11 years as concerns over the US trade war a

Published 26 Aug, 2019 06:23am

Financial

Dollar steps forward before Powell, kiwi jumps on RBNZ comments

TOKYO: The dollar edged higher versus the yen on Friday on expectations a pivotal speech by Federal Reserve Chairman Jer

Published 23 Aug, 2019 07:47am

Financial

Yuan inches up, state banks seen offering support via forwards

SHANGHAI: China's yuan inched up against the dollar in thin trade on Wednesday, supported by a slightly higher midpoint,

Published 21 Aug, 2019 09:50am

Financial

Yuan inches up as investors await central bank rate clues from Jackson Hole

SHANGHAI: China's yuan inched up against the dollar in thin trade on Wednesday, supported by a slightly higher midpoint,

Published 21 Aug, 2019 07:07am

Financial

Dollar nudged off 3-week high, U.S. yields capped before Jackson Hole

TOKYO: The dollar was under pressure on Wednesday, elbowed off a three-week peak after a bounce in U.S. yields stalled a

Published 21 Aug, 2019 06:55am

Financial

Uzbekistan lifts foreign currency controls

TASHKENT: Uzbekistan lifted remaining currency controls on Tuesday, allowing citizens to purchase foreign cash for t

Published 20 Aug, 2019 02:54pm

Financial

Most currencies slip, under pressure by stronger dollar

Most emerging Asian currencies declined on Tuesday, as the dollar firmed on hopes for fresh stimulus from global policym

Published 20 Aug, 2019 09:42am

Financial

Yuan wobbles on Trump trade comments, details of China rate reforms awaited

HONG KONG: The yuan wavered on Monday after U.S. President Donald Trump said he was not ready yet to make a trade with C

Published 19 Aug, 2019 06:51am

Financial

Yuan weakens amid dollar strength, Beijing's tariff retaliation pledge

SHANGHAI: China's yuan eased on Friday, pressured by a stronger dollar and trade worries after Beijing pledged to retali

Published 16 Aug, 2019 06:40am

Financial

Dollar holds advantage for now, traders still wary about global growth risks

TOKYO: The dollar held onto gains on Friday after a surge in U.S. retail sales eased concerns about the world's top econ

Published 16 Aug, 2019 06:32am

Financial

China's yuan wraps up worst week in over a year, weakest domestic close since 2008

SHANGHAI: China's yuan inched down against the dollar on Friday as nervous traders awaited Beijing and Washington's next

Published 09 Aug, 2019 03:36pm

Financial

Aussie, NZ dollars seen defying gravity, even as gravity wins out

SYDNEY: Analysts still maintain a remarkably sanguine outlook for the Australian and New Zealand dollars in the latest R

Published 09 Aug, 2019 08:53am

Financial

China's yuan slips, on track for worst week in more than a year

China's yuan, the focus of attention this week, weakened slightly on Friday and was on track for its biggest weekly loss

Published 09 Aug, 2019 07:38am

Financial

China's yuan fix, exports data boost Asia FX as recession worries linger

China's yuan gained on Thursday after more signs Beijing was slowing its fall, while currencies across Asia were also li

Published 08 Aug, 2019 07:00am

Financial

China's July FX reserves fall to $3.104trn amid rising trade tensions

BEIJING: China's foreign exchange reserves fall by $15.54 billion in July to $3.104 trillion, central bank data showed o

Published 07 Aug, 2019 12:54pm

Financial

China further weakens yuan rate as currency row simmers

SHANGHAI: China's currency weakened further against the dollar as the central bank lowered the yuan's daily reference ra

Published 07 Aug, 2019 10:02am

Financial

Yuan extends slide though China seen curbing losses, Asian currencies on edge

Asian currencies remained on the back foot on Wednesday as the yuan continued to weaken despite signs Chinese authoritie

Published 07 Aug, 2019 08:04am

Financial

Kiwi, Aussie tumble, yen rises on RBNZ rate cut shock

TOKYO: The Aussie and kiwi dollars skidded to multi-year lows on Wednesday after New Zealand's central bank shocked mark

Published 07 Aug, 2019 07:55am

Financial

Yuan slips as trade tensions build, state bank support slows decline

SHANGHAI: China's yuan weakened on Wednesday, weighed by an escalation in Sino-U.S. trade tensions and the central bank'

Published 07 Aug, 2019 07:44am

Financial

Offshore yuan pulls off all-time low after tentative moves from Beijing to curb falls

LONDON: The yuan pulled back from an all-time low in offshore trade on Tuesday after Beijing appeared to take steps to p

Published 06 Aug, 2019 12:07pm

Financial

China's yuan steadies, but stocks slump as trade war engulfs currency

HONG KONG: China's tumbling yuan steadied on Tuesday as authorities took steps to contain its slide, while stocks tanked

Published 06 Aug, 2019 11:39am

Financial

China's yuan steadies, but stocks slump as trade war engulfs currency

HONG KONG/SHANGHAI: China's tumbling yuan steadied on Tuesday as authorities took steps to contain its slide, while stoc

Published 06 Aug, 2019 10:30am

Financial

Most Asian currencies stem further losses as yuan pulls off lows

Most Asian currencies regained some of their footing on Tuesday, as signs Beijing is keen to stem the yuan's slide sooth

Published 06 Aug, 2019 08:50am

Financial

China lets yuan weaken and stops buying US crops, escalating trade war

SHANGHAI: China let the yuan weaken past the key 7-per-dollar level on Monday for the first time in more than a deca

Published 05 Aug, 2019 08:19pm

Financial

China yuan's slide past 7/dollar had policymakers' blessing

SINGAPORE: Chinese monetary authorities let the yuan slide past the key 7-per-dollar level so that markets could fin

Published 05 Aug, 2019 02:04pm

Financial

Yuan hits 11-yr low, breaks 7 per dlr, as trade war intensifies

TOKYO: China's yuan tumbled more than 1% to 11-year lows on Monday amid mounting fears over a sharp escalation in the U.

Published 05 Aug, 2019 08:39am

Financial

Indian rupee hits 5-month low on U.S.-China trade worries, Kashmir tensions

MUMBAI: The Indian rupee plunged to a five-month low and bond yields rose sharply on Monday, as an escalating China-U.S.

Published 05 Aug, 2019 08:03am

Financial

Chinese yuan falls to weakest level against dollar since 2010

SHANGHAI: The Chinese yuan fell to its lowest level against the dollar since August 2010 in morning trade on Monday, fue

Published 05 Aug, 2019 06:39am

Financial

Sri Lanka shares end at 1-week low; rupee weaker

COLOMBO: Sri Lankan shares recovered from an intraday fall of over 1% to close flat on Friday, while the rupee ended we

Published 02 Aug, 2019 02:14pm

Financial

US tariffs raise demand for safe-haven yen; pound recovers

LONDON: A US threat to impose new tariffs on Chinese imports pushed the safe-haven Japanese yen to a five-week high agai

Published 02 Aug, 2019 10:51am

Financial

Offshore yuan slides towards record low after Trump tariff threat

LONDON: China's offshore yuan fell to its weakest in 2-1/2 years on Friday and was close to a record low after US Presid

Published 02 Aug, 2019 10:38am

Financial

China's yuan at 8-mth lows, stocks sell off as Trump threatens more tariffs

HONG KONG/SHANGHAI: Chinese markets slumped on Friday, with investors rushing for cover after US President Donald Trump

Published 02 Aug, 2019 10:24am

Financial

Yen jumps, yuan slumps after Trump breaks truce in China trade war

TOKYO: The Japanese yen surged to a five-week high versus the dollar and a 2-1/2-year peak against the pound on Friday,

Published 02 Aug, 2019 08:22am

Financial

China's yuan drops, stocks tumble after Trump's tariff blow

HONG KONG/SHANGHAI: Chinese markets slumped on Friday, with investors rushing for cover after U.S. President Donald Trum

Published 02 Aug, 2019 07:25am

Financial

Australia dollar tries to snap losing streak on inflation news

SYDNEY: The Australian dollar edged up from six-week lows on Wednesday as inflation data proved a shade firmer than fore

Published 31 Jul, 2019 08:16am

Financial

China's yuan steady ahead of Fed, Sino-U.S. talks resume

SHANGHAI: China's yuan was little changed on Wednesday as investors looked for signs of progress from Sino-U.S. trade ta

Published 31 Jul, 2019 06:18am

Financial

Aussie, kiwi dollars languish as bonds hit all-time highs

SYDNEY/WELLINGTON: The Australian and New Zealand dollars wallowed near recent lows on Monday while bonds climbed to all

Published 29 Jul, 2019 08:36am

Financial

China's yuan slips to 5-week low ahead of Sino-U.S. trade talks

TOKYO: China's yuan hit its lowest level against the dollar in more than five weeks on Monday amid corporate dollar buyi

Published 29 Jul, 2019 08:33am

Financial

Euro remains stuck near two-month low as bears await dovish ECB

TOKYO: The euro was mired near a two-month low on Thursday before a European Central Bank meeting that could signal mone

Published 25 Jul, 2019 07:58am

Financial

Yuan weaker in tight range ahead of U.S.-China trade talks

SHANGHAI: China's yuan softened on Thursday, but remained little changed overall ahead of U.S.-China trade talks set for

Published 25 Jul, 2019 06:37am

Financial

Yuan weakens as investors eye Sino-U.S. trade talks, global central banks

SHANGHAI: China's yuan weakened in thin trade on Wednesday as investors awaited clearer signals on U.S. China trade t

Published 24 Jul, 2019 07:04am

Financial

Sri Lanka shares snap 8-session rally on profit-taking; rupee falls

COLOMBO: Sri Lankan shares closed lower on Monday, snapping an eight-session gaining streak, as investors booked profits

Published 22 Jul, 2019 01:22pm

Financial

Australia, NZ dlrs off peaks as Fed hoses down bets on big U.S. rate cut

SYDNEY: The Australian dollar eased from three-month highs on Monday as fading expectations for aggressive interest rate

Published 22 Jul, 2019 08:04am

Financial

Yuan inches up on U.S. rate cut expectations, set for 2nd weekly gain

SHANGHAI: China's yuan inched up against the dollar on Friday as the U.S. currency came under pressure after a Federal R

Published 19 Jul, 2019 09:16am

Financial

Australia dollar set for 5th day of losses, focus on U.S. rates outlook

SYDNEY/WELLINGTON: The Australian dollar headed for a fifth straight session of losses on Wednesday on yet another disap

Published 10 Jul, 2019 08:20am

Financial

Indonesia raises 8 trillion rupiah from sukuk auction

JAKARTA: * Indonesia raised 8 trillion rupiah ($566.37 million) in an Islamic bond auction on Tuesday, matched the in

Published 09 Jul, 2019 09:55am

Financial

Dollar is buoyed by declining bets on big Fed rate cuts

TOKYO: The dollar traded near a three-week high against its peers on Tuesday, as investors pared bets on aggressive U.S.

Published 09 Jul, 2019 08:17am

Financial

Yuan marks time as traders await Powell testimony for Fed rate clues

SHANGHAI: China's yuan was little changed in thin trade on Tuesday as investors awaited U.S. Federal Reserve chief Jerom

Published 09 Jul, 2019 08:15am

Financial

Indonesia raises 22.15 trillion rupiah from debt auction, above target

JAKARTA:* Indonesia raised 22.15 trillion rupiah ($1.57 billion) in a bond auction on Tuesday, higher than the indicativ

Published 02 Jul, 2019 11:07am

Financial

China's yuan extends rally to strongest level in a week

SHANGHAI: China's yuan extended its rally against the dollar on Friday to its firmest in a week following comments from

Published 28 Jun, 2019 10:09am

Financial

Sri Lanka rupee edges higher on sovereign bond launch; stocks fall

COLOMBO: Sri Lanka rupee rose on Monday buoyed by hopes of dollar inflows into two sovereign bonds launched earlier in t

Published 24 Jun, 2019 09:21pm

Financial

Yuan closes at 6-week high after Fed signals rate cuts

HONG KONG: The Chinese yuan rallied on Thursday to finish the domestic session at its strongest level in six weeks on br

Published 20 Jun, 2019 10:24am

Financial

Australia, NZ dollars get a lift as Fed out-doves the RBA

SYDNEY: The Australian and New Zealand dollars got a rare lift on Thursday while bond yields hit historic lows after the

Published 20 Jun, 2019 09:23am

Financial

Dollar near 2-week high before Fed as dovish ECB supports

TOKYO: The dollar held near a two-week high on Wednesday ahead of the Federal Reserve's closely-watched policy decision

Published 19 Jun, 2019 09:32am

Financial

China finmin to issue 5 bn yuan of treasury bonds in Hong Kong

BEIJING/HONG KONG: China will issue 5 billion yuan ($722.15 million) in yuan-denominated treasury bonds in Hong Kong on

Published 17 Jun, 2019 08:22am

Financial

Dollar set for weekly gain before Fed meeting

TOKYO: The dollar held steady early in Asia on Friday, and was set ot show a weekly rise as investor focus turned to nex

Published 14 Jun, 2019 01:27pm

Financial

Australia, New Zealand dollars under water; NAB tips deeper rate cuts

SYDNEY: The Australian and New Zealand dollars were heading for steep weekly losses on Friday as investors wagered that

Published 14 Jun, 2019 01:06pm

Financial

Dollar subdued, on course for weekly gain before Fed meeting

TOKYO: The dollar trod water on Friday and was set to show a weekly rise as investor focus turned to next week's Federal

Published 14 Jun, 2019 12:54pm

Financial

Yuan eases, set for 3rd weekly loss as PBOC tries to temper pressure

SHANGHAI: China's yuan eased against the U.S. dollar on Friday and looked set for its third straight weekly loss, but th

Published 14 Jun, 2019 08:51am

Financial

Yuan falls to over 6-mth low after PBOC chief says no red line for exchange rate

SHANGHAI: China's onshore yuan weakened to a more than six-month low on Monday, catching up with losses in its offshore

Published 10 Jun, 2019 02:40pm

Financial

Most weaker as US-Mexico trade deal buoys dollar

The Indonesian rupiah rose in catch-up trade while most Asian currencies edged lower on Monday, after the United States

Published 10 Jun, 2019 01:57pm

Financial

Yuan eases on US-China war of words, firmer fixing curbs fall

HONG KONG: The yuan edged lower on Tuesday as China and the United States feuded in a war of words over trade and techno

Published 04 Jun, 2019 04:46pm

Financial

Yuan eases on soft factory PMI, set for biggest monthly fall since July

SHANGHAI: China's yuan inched lower against the dollar on Friday as market sentiment soured on renewed uncertainty in gl

Published 31 May, 2019 03:14pm

Financial

Yuan extends gains after regulator's warning against speculation

SHANGHAI: China's yuan rose to a 1-1/2-week high against the US dollar on Monday, buoyed by a softer greenback and a sen

Published 27 May, 2019 12:29pm

Financial

Yuan slips to near 6-mth low, central bank's comments cap losses

HONG KONG: The yuan hit its lowest in almost six months on Thursday as the Sino-US dispute over trade spilled into the t

Published 23 May, 2019 11:16am

Financial

Indian rupee rallies as PM Modi set for second term

The Indian rupee gained as much as 0.4% on Thursday after early counting trends suggested a comfortable victory for Prim

Published 23 May, 2019 08:30am

Financial

Dollar hovers near 3-1/2-week high, supported by higher US yields

TOKYO: The dollar hovered near a four-week high on Wednesday, supported by higher US yields after the United States ease

Published 22 May, 2019 03:06pm

Financial

Yuan inches lower, but losses capped as PBOC flags more bill sales in Hong Kong

SHANGHAI: China's yuan inched lower against the dollar on Wednesday, but the overall downward pressure on the local c

Published 22 May, 2019 12:34pm

Financial

Pound at four-month lows as Brexit rumbles, Asian equities simmer

Hong Kong: The British pound was rooted at four-month lows Wednesday after British MPs slammed Theresa May's latest plan

Published 22 May, 2019 07:49am

Financial

Indonesia raises 10.8trn rupiah from debt auction, below target

JAKARTA: Indonesia raised 10.8 trillion rupiah ($746.11 million) in a bond auction on Tuesday, below the indicative targ

Published 21 May, 2019 03:15pm

Financial

Australian dollar upended as RBA talks of June rate cut

SYDNEY: The Australian dollar slid on Tuesday after the country's top central banker said interest rates might be cut as

Published 21 May, 2019 08:53am

Financial

Yuan edges up as U.S. eases restrictions on Huawei

SHANGHAI: China's yuan firmed against the dollar on Tuesday, as sentiment improved slightly after Washington temporarily

Published 21 May, 2019 08:52am

Financial

Yuan off 5-1/2-mth low after central bank vows to keep currency stable

SHANGHAI: China's yuan bounced from a 5-1/2-month low against the US dollar hit last week, helped by a firmer-than-expec

Published 20 May, 2019 03:09pm

Financial

Australian dlr jumps after election surprise, yen edges lower

TOKYO: The Australian dollar rallied against the greenback on Monday after a surprise election victory by the country's

Published 20 May, 2019 08:47am

Financial

Yuan off 5-1/2-mth low after c.bank vows to keep currency stable

SHANGHAI: China's yuan bounced from a 5-1/2-month low against the U.S. dollar hit last week, helped by a firmer-than-exp

Published 20 May, 2019 08:40am

Financial

Indian rupee surges on exit polls showing easy win for ruling party

The Indian rupee on Monday strengthened over 1 percent after exit polls suggested the country's just-concluded general e

Published 20 May, 2019 07:56am

Financial

Dollar supported by strong U.S. data, higher Treasury yields

TOKYO: The dollar hovered near a two-week high against its peers on Friday, supported by strong U.S. economic data and a

Published 17 May, 2019 09:04am

Financial

Dollar holds near 2-week high on strong U.S. data, higher Treasury yields

TOKYO: The dollar held near a two-week high against its peers on Friday, supported by strong U.S. economic data and a bo

Published 17 May, 2019 08:28am

Financial

Most Asian currencies steady, ringgit gains on Q1 growth pace

The Malaysian ringgit strengthened significantly on Thursday, helped by data that showed first-quarter economic growth

Published 16 May, 2019 09:06am

Financial

Rupiah hit by record trade gap but steadier yuan eases regional nerves

The Indonesian rupiah weakened on Wednesday after the country posted a record trade deficit, but most other Asian curren

Published 15 May, 2019 08:18am

Financial

Most Asian currencies firm as comments on US-China spat ease worries

Most emerging Asian currencies firmed on Tuesday as conciliatory comments from the United States and China reduced inves

Published 14 May, 2019 08:03am

Financial

Asian currencies ease on Sino-U.S. trade talk stalemate

Emerging Asian currencies weakened on Monday as risk sentiment dampened over an impasse in trade negotiations that could

Published 13 May, 2019 09:22am

Financial

Stocks, yuan fall as Sino-U.S.trade war deepens; China retaliation eyed

SYDNEY: U.S. stock futures and Asian shares fell on Monday on growing anxiety over whether the United States and China w

Published 13 May, 2019 07:30am

Financial

China lowers yuan mid-point to weakest level in 3-1/2 months

SHANGHAI: China's central bank lowered its official yuan midpoint to the weakest level in 3-1/2 months, dragged by sharp

Published 10 May, 2019 07:09pm

Financial

Bank of Korea suspected to have sold about $1bn to curb won's fall

SEOUL: South Korea's central bank is suspected to have sold around $1 billion on Friday to stem a rapid fall by the

Published 10 May, 2019 04:45pm

Financial

Thai baht, China's yuan strengthen as U.S. tariff hike kicks in

Most emerging Asian currencies rose on Friday, helped by a range of factors and amid cautious support for regional marke

Published 10 May, 2019 08:50am

Financial

Yuan bears re-emerge on fresh trade deal woes; short bets on Korean won soar

A surprise deterioration in U.S.-China trade talks prompted analysts to dramatically turn bearish on the Chinese yuan.

Published 09 May, 2019 08:10am

Financial

Yen edges up to highest since late March on growing trade worries

TOKYO: Growing fears about the impact of a worsening U.S.-Sino trade conflict on global growth kept the safe-haven Japan

Published 08 May, 2019 08:21am

Financial

China's yuan struggles near 2-1/2 month low after Trump's trade threats

LONDON: The Chinese offshore yuan remained hobbled near 2-1/2 month lows on Tuesday after US President Donald Trump'

Published 07 May, 2019 11:23am

Financial

Most Asian currencies firm on hopes for China-U.S. talks, baht leads gains

Most emerging Asian currencies rose against the dollar on Tuesday, on hopes trade negotiations between the United States

Published 07 May, 2019 08:38am

Financial

Yuan recoups most losses as Beijing confirms Vice Premier Liu's trip to U.S.

SHANGHAI: China's yuan recouped most of its early losses on Tuesday afternoon after Beijing confirmed its top negotiator

Published 07 May, 2019 08:19am

Financial

Australia dollar on tenterhooks as RBA ponders rates

SYDNEY: The Australian dollar was poised on a knife edge on Tuesday as the market waited to see if interest rates would

Published 07 May, 2019 06:59am

Financial

Dollar holds tight ranges, U.S.-Sino trade talks in focus

TOKYO: The dollar hung near a five-week low against the yen on Tuesday after worries about U.S.-China trade tensions rek

Published 07 May, 2019 06:35am

Financial

Indonesia central bank has intervened to defend rupiah

JAKARTA: Indonesia's central bank has intervened in spot currency, domestic non-deliverable forward and bond markets

Published 06 May, 2019 03:52pm

Financial

China sets yuan mid-point at weakest level in 2-1/2 months

SHANGHAI: China's central bank lowered its official yuan midpoint to 6.7334 per dollar on Monday, the weakest level

Published 06 May, 2019 01:31pm

Financial

Sri Lanka rupee extends losses for 7th session; stocks down

COLOMBO: The Sri Lankan rupee fell for the seventh straight session on Friday on dollar demand from banks amid continued

Published 03 May, 2019 09:01pm

Financial

Dollar rests on yield support, talk of upbeat payrolls

SYDNEY: The dollar was trying to end the week with a firmer tone on Friday as markets scaled back bets on a U.S. rate cu

Published 03 May, 2019 08:36am

Financial

Sri Lanka rupee falls for 6th session; stocks snap 5-day losing streak

COLOMBO: The Sri Lankan rupee fell for the sixth consecutive session on Thursday on dollar demand from banks amid securi

Published 02 May, 2019 08:03pm

Financial

Dollar left to drift as Fed steers steady course

SYDNEY: The dollar was content to consolidate in Asia on Thursday after recovering from a brief spill overnight when mar

Published 02 May, 2019 09:37am

Financial

Indonesia raises 5.07trln rupiah in sukuk auction, below target

JAKARTA: Indonesia raised 5.07 trillion rupiah ($355.91 million) in Islamic bonds auction on Tuesday, Finance Ministry s

Published 30 Apr, 2019 07:47pm

Financial

Yen gains on weak China data; European data eyed

LONDON: The Japanese yen rallied to a three-week high on Tuesday as disappointing data on Chinese manufacturing unde

Published 30 Apr, 2019 04:19pm

Financial

Dollar awaits China data to gauge global growth pulse

SYDNEY: The dollar was all but flatlining in Asia on Tuesday as investors awaited readings on Chinese manufacturing and

Published 30 Apr, 2019 07:55am

Financial

Australian dollar slips as China data hits risk

SYDNEY: The Australian dollar led risk assets lower in Asia on Tuesday after a survey on Chinese manufacturing missed fo

Published 30 Apr, 2019 07:29am

Financial

Sri Lanka rupee extends falls on fears of more attacks; stocks up in dull trade

COLOMBO: The Sri Lankan rupee closed weaker for the fourth consecutive session on Monday, as worries about more attacks

Published 29 Apr, 2019 11:06pm

Financial

Yuan eases ahead of Sino-US trade talks and key econ data

SHANGHAI: China's yuan eased against the U.S. dollar in thin trade on Monday while the market was quiet before the lates

Published 29 Apr, 2019 08:13am

Financial

Dollar dozes, risks rude awakening from US inflation

SYDNEY: The dollar dozed in a snug band on Monday as Japan kicked off a week of holidays, giving investors an extra excu

Published 29 Apr, 2019 07:23am

Financial

Dollar steady near 2-year high, US GDP awaited

TOKYO: The dollar held steady close to a two-year high against its peers on Friday, supported by data showing strong

Published 26 Apr, 2019 01:40pm

Financial

Yuan rises on Xi pledge, firmer fixing, but set for worst week in 2 months

SHANGHAI: China's yuan strengthened against the dollar on Friday, recovering from a two-month low hit in the previou

Published 26 Apr, 2019 01:31pm

Financial

Most inch higher tracking yuan; US growth data in focus

Most emerging Asian currencies edged higher on Friday, tracking the Chinese yuan, but a strong dollar ahead of US gr

Published 26 Apr, 2019 12:01pm

Financial

Most inch higher tracking yuan; US growth data in focus

Most emerging Asian currencies edged higher on Friday, tracking the Chinese yuan, but a strong dollar ahead of U.S. grow

Published 26 Apr, 2019 09:24am

Financial

Sri Lanka rupee falls on fears of more attacks; stocks edge up

COLOMBO: The Sri Lankan rupee closed 0.1 percent weaker on Thursday as a bomb scare after the Easter Sunday attacks weig

Published 25 Apr, 2019 08:46pm

Financial

China sets yuan mid-point at weakest level in one month

SHANGHAI: China's central bank lowered its official yuan midpoint to 6.7307 per dollar on Thursday, the weakest leve

Published 25 Apr, 2019 03:27pm

Financial

Sri Lanka rupee weakens on fears of more attacks; stocks rise slightly

COLOMBO: The Sri Lankan rupee closed 0.2 percent weaker on Wednesday as worries over further explosions after the Easter

Published 24 Apr, 2019 10:47pm

Financial

Sri Lanka rupee weakens on fears of more attacks; stocks rise slightly

COLOMBO: The Sri Lankan rupee closed 0.2 percent weaker on Wednesday as worries over further explosions after the Easter

Published 24 Apr, 2019 07:04pm

Financial

Aussie stung by soft inflation, US dollar holds near 22-month high

LONDON: Australia's dollar dropped one percent on Wednesday after weaker-than-expected inflation numbers heightened

Published 24 Apr, 2019 03:08pm

Financial

Asian currencies slip as U.S. data bolsters dollar

Most emerging Asian currencies broadly weakened on Wednesday, with the South Korean won sliding to a more than 1-1/2-yea

Published 24 Apr, 2019 09:47am

Financial

Yuan edges up on growing optimism over China's economy

HONG KONG: The yuan edged higher on Wednesday as investors remained cautiously optimistic that China's economy may be st

Published 24 Apr, 2019 08:59am

Financial

Australian dollar steady ahead of inflation, kiwi languishes

SYDNEY: The Australian dollar traded in a tight range on Tuesday, as volumes were thin in a holiday-shortened week and a

Published 23 Apr, 2019 08:39am

Financial

Sri Lanka rupee falls in thin trade after deadly Easter explosions

COLOMBO: The Sri Lankan rupee fell 0.4 percent on importers' dollar demand in thin Monday trading, after deadly explosio

Published 22 Apr, 2019 07:28pm

Financial

Dollar edges up in thin post-holiday trade after positive U.S. data

TOKYO: The dollar drifted higher against the euro and British pound on Monday, supported by the relative strength of the

Published 22 Apr, 2019 09:33am

Financial

Dollar firm in thin post-holiday trade, loonie up as oil prices jump

TOKYO: The dollar edged up against key peers such as the euro and the yen on Monday, boosted by the relative strength of

Published 22 Apr, 2019 08:55am

Financial

Yuan eases to 10-day low, policy easing views seen reduced

SHANGHAI: The yuan eased to a 10-day low against the dollar on Monday, but the Chinese economy's solid first quarter per

Published 22 Apr, 2019 08:23am

Financial

Asian currencies slip on higher oil prices

Emerging Asian currencies faltered on Monday after a rally in oil prices dented sentiment for the region's net importers

Published 22 Apr, 2019 08:05am

Financial

Dollar steadies after upbeat U.S. data amid holiday-thin trade

TOKYO: The dollar steadied against a basket of currencies on Friday after hitting a 2-1/2-week high overnight as data po

Published 19 Apr, 2019 09:35am

Financial

Yuan inches up, but makes little headway for week despite upbeat China data

SHANGHAI: China's yuan inched up against the U.S. dollar at midday on Friday, steadying somewhat after the data-driven s

Published 19 Apr, 2019 07:57am

Financial

Indonesia's rupiah rallies as Jokowi poised for re-election; others muted

Indonesia's rupiah strengthened on Thursday after early election results indicated a second term for incumbent Joko Wido

Published 18 Apr, 2019 11:56am

Financial

Yuan eases off 1-mth high, focus back on trade after upbeat GDP

SHANGHAI: China's yuan eased off a one-month high against the US dollar on Thursday, as some companies took advantage of

Published 18 Apr, 2019 07:07am

Financial

Indonesia's rupiah rallies as Jokowi poised for re-election; others muted

Indonesia's rupiah strengthened on Thursday after early election results indicated a second term for incumbent Joko Wido

Published 18 Apr, 2019 06:29am

Financial

Yuan jumps to 7-wk high on upbeat China data, liquidity tightness

SHANGHAI: China's yuan firmed to a 7-week high on Wednesday as a raft of stronger-than-expected data suggested the slowi

Published 17 Apr, 2019 02:55pm

Financial

Sri Lanka rupee edges higher; stocks rise for third session

COLOMBO: The Sri Lankan rupee closed a tad firmer on Wednesday helped by banks' dollar sales, while stocks ended margina

Published 17 Apr, 2019 02:50pm

Financial

Aussie jumps after China data restores some currency volatility

LONDON: The Australian dollar rose to a two-month high on Wednesday after Chinese economic growth beat forecasts and ind

Published 17 Apr, 2019 02:27pm

Financial

China GDP lifts yuan; ringgit eases on outflow concerns

The yuan firmed on surprisingly solid Chinese economic growth data on Wednesday, which raised hopes of stabilization in

Published 17 Apr, 2019 08:46am

Financial

Yuan strengthens on surprisingly firm China Q1 growth data

SHANGHAI: China's yuan strengthened against the US dollar on Wednesday as market sentiment improved on better-than-expec

Published 17 Apr, 2019 07:07am

Financial

Sri Lanka rupee edges down; stocks end tad firmer

COLOMBO: The Sri Lankan rupee closed tad weaker on Tuesday, while stocks ended tad firmer in thin trade after a long wee

Published 16 Apr, 2019 01:52pm

Financial

Indonesia sells 6.06 trillion rupiah of Islamic bonds, slightly above target

JAKARTA:* Indonesia's finance ministry sold 6.06 trillion rupiah ($430.40 million) of Islamic bonds at an auction on Tu

Published 16 Apr, 2019 11:01am

Financial

Yuan inches down as dollar firms on global caution

HONG KONG: The yuan dropped slightly on Tuesday as reduced appetites for risk in global markets saw the U.S. dollar edge

Published 16 Apr, 2019 07:19am

Financial

Asian currencies subdued ahead of China GDP data, trade deal worries

Emerging Asian currencies weakened on Tuesday, as uncertainty crept back over U.S.-China trade negotiations following co

Published 16 Apr, 2019 07:16am

Financial

Yen drops towards 2019 low as bullish mood hits safe havens

LONDON: The yen fell towards a 2019 low on Monday and the Swiss franc reached its weakest in nearly a month as a rally i

Published 15 Apr, 2019 02:13pm

Financial

Australia, NZ dlrs boosted by U.S. hopes for trade deal with China

SYDNEY: The Australian dollar hovered near its highest in almost seven weeks while the New Zealand dollar also held firm

Published 15 Apr, 2019 07:55am

Financial

Asian currencies benefit from China data relief

Most Asian currencies stepped up against the dollar on Monday as investors took comfort in further signs of stabilisatio

Published 15 Apr, 2019 07:45am

Financial

Sri Lanka rupee ends steady; stocks edge up ahead of long holidays

COLOMBO: The Sri Lankan rupee closed steady on Friday while stocks ended tad firmer in thin trade ahead of a long weeken

Published 12 Apr, 2019 03:46pm

Financial

India's forex reserves rise to $413.78bn as of April 5

India's foreign exchange reserves rose to $413.78 billion, as of April 5, compared with $411.91 billion a week earlier,

Published 12 Apr, 2019 01:29pm

Financial

China March yuan-denominated exports to U.S. up 10.6 pc y/y

BEIJING: China's yuan-denominated exports to the United States grew 10.6 percent in March from a year earlier, while imp

Published 12 Apr, 2019 08:29am

Financial

Yuan recoups losses, implied volatility falls to 20-mth low

SHANGHAI: The yuan eased to a 10-day low against the dollar on Friday before recouping losses by midday, but investors l

Published 12 Apr, 2019 06:57am

Financial

Australia dollar near six-week peak, bears pare rate bets

SYDNEY: The Australian dollar flatlined near a six-week peak on Thursday as losses on Asian share markets chilled risk s

Published 11 Apr, 2019 08:42am

Financial

Australia dollar near six-week peak, bears pare rate bets By Wayne Cole

SYDNEY: The Australian dollar flatlined near a six-week peak on Thursday as losses on Asian share markets chilled risk s

Published 11 Apr, 2019 08:08am

Financial

Yuan inches up as markets wait for trade talk impetus

HONG KONG: China's yuan held steady on Thursday as investors moved cautiously ahead of further news on Sino-US trade neg

Published 11 Apr, 2019 08:00am

Financial

Most Asian currencies dip on grim global growth prospects

Most Asian currencies fell against the dollar on Thursday as investors moved away from riskier assets amid grim forecast

Published 11 Apr, 2019 07:38am

Financial

Pound edges up after Brexit delay but Asian markets retreat

HONG KONG: The pound edged up Thursday in Asia after Britain and its EU partners agreed to once again extend the deadlin

Published 11 Apr, 2019 06:16am

Financial

Sri Lanka rupee firms on remittances; stocks end steady

COLOMBO: The Sri Lankan rupee ended stronger on Wednesday as dollar inflows from remittances ahead of the traditional ne

Published 10 Apr, 2019 01:17pm

Financial

Yuan eases slightly ahead of key economic data

SHANGHAI: China's yuan eased against the dollar in thin trade on Wednesday, as investors stayed on the sidelines ahead o

Published 10 Apr, 2019 07:12am

Financial

Australian dollar gains as RBA resists the doves

SYDNEY: The Australian dollar firmed on Wednesday after a top central banker signalled the outlook for interest rates wa

Published 10 Apr, 2019 06:35am

Financial

Most Asian units stumble on global growth, trade concerns

Most emerging Asian currencies slipped on Wednesday as the International Monetary Fund cut its global growth forecast an

Published 10 Apr, 2019 06:19am

Financial

Sri Lanka rupee ends weaker on importer dollar demand; stocks down

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday due to importer dollar demand, but market sources said remittances

Published 09 Apr, 2019 01:44pm

Financial

Sri Lanka rupee firmer on dollar inflows; stocks extend losses

COLOMBO: The Sri Lankan rupee ended firmer on Monday due to dollar inflows from foreign remittances ahead of the traditi

Published 08 Apr, 2019 02:11pm

Financial

Asian currencies slip as US jobs data bolsters dollar

Asian currencies faltered on Monday, as a rebound in US payrolls data supported the greenback, offsetting optimism of a

Published 08 Apr, 2019 08:17am

Financial

Australia, NZ dollars stay weak as greenback firm on jobs report

SYDNEY: The Australian and New Zealand dollars stayed soft on Monday as investors shifted to the greenback on renewed op

Published 08 Apr, 2019 06:44am

Financial

Yuan largely flat, supported by trade talk optimism

SHANGHAI: China's yuan was largely flat against the dollar on Monday morning, as optimism over Sino-US trade negotiation

Published 08 Apr, 2019 06:19am

Financial

Sri Lanka rupee ends weaker; stocks retreat from 3-1/2-wk high

COLOMBO: The Sri Lankan rupee ended weaker on Friday due to dollar demand as importers purchased the greenback after the

Published 05 Apr, 2019 02:15pm

Financial

Asian currencies fail to build on optimism over U.S.-China talks

The Thai baht extended declines on Friday while most other Asian currencies were muted, as a Chinese market holiday dull

Published 05 Apr, 2019 08:59am

Financial

U.S.-China trade optimism to help yuan overcome concerns over weakening economy

BENGALURU: The Chinese yuan will hold on to its recent gains against the dollar, and likely make a modest push forward f

Published 04 Apr, 2019 09:42am

Financial

Yen eases on trade optimism, sterling edges up after Brexit vote

TOKYO: The yen eased and the euro held firm to the dollar on Thursday as hopes of a trade deal between the United States

Published 04 Apr, 2019 09:17am

Financial

Yuan eases as markets await trade talk news

HONG KONG: China's yuan eased on Thursday as the dollar edged higher but trading was confined to a tight range as invest

Updated 04 Apr, 2019 08:52am

Financial

Most subdued; Rupee slips ahead of RBI rate decision

Most Asian currencies lost some of the previous session's gains as investors awaited further cues from the U.S.-China tr

Published 04 Apr, 2019 08:10am

Financial

Trade talk optimism fuels gains in Aussie, yuan

LONDON: Australia's dollar and the Chinese yuan gained on Wednesday on hopes for an agreement between Beijing and Washin

Published 03 Apr, 2019 01:48pm

Financial

Trade talk optimism fuels gains in Aussie, yuan

LONDON: Australia's dollar and the Chinese yuan gained on Wednesday on hopes for an agreement between Beijing and Washin

Published 03 Apr, 2019 12:48pm

Financial

Asian units rise as trade war reports boost risk appetites

Most Asian currencies firmed on Wednesday as reports of headway in Sino-US trade talks and easing US bond yields pro

Published 03 Apr, 2019 12:25pm

Financial

Yuan edges up on hopes China, US nearing trade deal

SHANGHAI: China's yuan edged up against the dollar on Wednesday, supported by growing optimism that the United States an

Published 03 Apr, 2019 08:48am

Financial

Asian units rise as trade war reports boost risk appetites

Most Asian currencies firmed on Wednesday as reports of headway in Sino-US trade talks and easing US bond yields prompte

Published 03 Apr, 2019 08:05am

Financial

Yuan firmer on factory recovery, foreign interest in bonds

SHANGHAI: China's yuan strengthened on Monday, as factory activity indicators showed a halt in recent declines and the

Published 01 Apr, 2019 01:12pm

Financial

Asian currencies firmer as China's factory activity rebounds

Most Asian currencies gained on Monday as a surprise improvement in China's factory activity boosted confidence in regio

Published 01 Apr, 2019 12:47pm

Financial

Yuan, Australian dollar lifted by upbeat China factory surveys

TOKYO: A surprise improvement in Chinese factory activity supported the yuan and Australian dollar on Monday, and provid

Published 01 Apr, 2019 08:37am

Financial

Dollar bounces, set for steepest rise in 5 months even as growth slows

TOKYO: The dollar was poised on Friday for its strongest gain in five months as investors responded positively to a boun

Published 29 Mar, 2019 07:47am

Financial

Yuan firms on the eve of Chinese bonds' inclusion into global index

SHANGHAI: China's yuan firmed against the U.S dollar on Friday, as next week's milestone inclusion of Chinese bonds into

Published 29 Mar, 2019 07:34am

Financial

Sri Lanka rupee extends gains; stocks rebound from 6-year low

COLOMBO: The Sri Lankan rupee closed stronger on Thursday due to dollar inflows from inward remittances ahead of the tra

Published 28 Mar, 2019 02:18pm

Financial

Indonesia intervenes to support rupiah - c.bank official

JAKARTA: Indonesia's central bank intervened on Thursday to support its currency in the domestic non-deliverable forward

Published 28 Mar, 2019 07:34am

Financial

Dollar edges up as more central banks turn dovish, defies lower bond yields

TOKYO: The dollar edged up on Thursday as many of its peers weakened after more central banks shifted to dovish policy s

Published 28 Mar, 2019 07:25am

Financial

Yuan down as trade talks, global growth woes keep markets on edge

HONG KONG: China's yuan fell on Thursday, touching a five-week low, as trade negotiators from Beijing and Washington wre

Published 28 Mar, 2019 07:22am

Financial

Bullish bets on Indian rupee rise, yuan longs recede

Bullish positions in the Indian rupee firmed over the past two weeks, a Reuters poll showed on Thursday, ahead of genera

Published 28 Mar, 2019 06:48am

Financial

New Zealand dollar slides as central bank signals possible rate cut

LONDON: The New Zealand dollar fell on Wednesday after the central bank flagged a possible cut in interest rates, becomi

Published 27 Mar, 2019 01:54pm

Financial

Dollar index to rise into 99.21-100.146 range in Q2

SINGAPORE: The dollar index may rise into a range of 99.21-100.146 in the second quarter, driven by a powerful wave (3)

Published 27 Mar, 2019 08:38am

Financial

New Zealand dollar kneecapped as central bank talks rate cuts

SYDNEY: The New Zealand dollar took a tumble on Wednesday after the country's central bank blindsided markets by saying

Published 27 Mar, 2019 07:31am

Financial

Dollar edges up, kiwi slides as RBNZ flags possible rate cut

TOKYO: The dollar edged higher on Wednesday and antipodean currencies beat a hasty retreat after the Reserve Bank of New

Published 27 Mar, 2019 07:07am

Financial

China's yuan eases as industrial profits tumble, awaits trade talks

HONG KONG: The yuan slipped on Wednesday after data showed the sharpest contraction in China's industrial profits since

Published 27 Mar, 2019 06:36am

Financial

Indonesia raises 21.1 trillion rupiah from retail sukuk

JAKARTA: Indonesia has raised 21.1 trillion rupiah ($1.49 billion) through the sale of retail Islamic bonds, the finance

Published 26 Mar, 2019 10:41am

Financial

Dollar ticks up vs yen as risk aversion ebbs, Brexit saga checks pound

TOKYO: The dollar rebounded modestly against the yen on Tuesday as Treasury yields pulled back from 15-month lows as inv

Published 26 Mar, 2019 07:25am

Financial

Yuan steady as trade talks awaited, offshore borrowing cost surges to 4-mth high

SHANGHAI: China's yuan was little changed against the dollar on Tuesday as traders awaited the resumption of Sino-U.S. t

Published 26 Mar, 2019 07:15am

Financial

Asia FX edges up as recession talk abates

Most Asian currencies were in positive territory on Tuesday but sentiment remained fragile as investors reassessed risks

Published 26 Mar, 2019 06:46am

Financial

Yen lifted, dollar undermined by US yield curveball

The yen held near six-week highs against the dollar on Monday as fears of economic recession, fanned by inversion of the

Published 25 Mar, 2019 12:27pm

Financial

Yuan inches up ahead of latest round of trade talks

SHANGHAI: China's yuan on Monday inched up against the dollar, which slipped globally, and some corporate clients sold t

Published 25 Mar, 2019 07:28am

Financial

Pound stabilises but struggles to rally after Brexit delay deal

HONG KONG: The pound edged up Friday but was struggling to claw back its latest losses after the EU gave Britain a Brexi

Published 22 Mar, 2019 05:54am

Financial

Yuan leaps to 8-mth high as Fed's about-face dampens dollar

SHANGHAI: China's yuan leapt to an eight-month high against a weakening dollar on Thursday after the U.S. Federal Reserv

Published 21 Mar, 2019 08:22am

Financial

Dollar struggles, stocks up on dovish Fed but trade fears persist

Hong Kong: The dollar struggled in Asia on Thursday after a surprisingly dovish Federal Reserve indicated it would not l

Published 21 Mar, 2019 06:25am

Financial

Dollar finds footing as new trade worries boost safe-haven bid

TOKYO: The dollar rose against most of its peers on Wednesday as reports of renewed tension in U.S.-China trade negotiat

Published 20 Mar, 2019 08:55am

Financial

Yuan eases amid dollar gains, fresh trade talk worries

SHANGHAI: China's yuan eased against the U.S. dollar on Wednesday as market sentiment soured on reports of renewed tensi

Published 20 Mar, 2019 08:09am

Financial

Dollar near two-week low before Fed meeting, yen strengthens

TOKYO: The dollar was on the defensive on Tuesday, weighed by growing expectations the Federal Reserve would adopt a mor

Published 19 Mar, 2019 08:07am

Financial

Yuan slips before Fed meeting, offshore interbank rate at 4-month high

SHANGHAI: China's yuan inched lower against the dollar on Tuesday, as there was some corporate buying of the greenback b

Published 19 Mar, 2019 07:48am

Financial

India rupee at over 7-month highs; further gains likely

MUMBAI: The Indian rupee rose to its highest in more than seven months on Monday, boosted by strong dollar inflows w

Published 18 Mar, 2019 12:26pm

Financial

Dollar on back foot after soft data fans bets on dovish Fed

TOKYO: The dollar licked its wounds on Monday after soft U.S. data increased bets the Federal Reserve will cut rates

Updated 18 Mar, 2019 12:53pm

Financial

India rupee at over 7-month highs; further gains likely

MUMBAI: The Indian rupee rose to its highest in more than seven months on Monday, boosted by strong dollar inflows while

Published 18 Mar, 2019 08:22am

Financial

Australia, Kiwi dollars gain on China stimulus plans; pound firm

LONDON: The dollar broadly fell against its rivals on Friday and was on track for its biggest weekly drop in more th

Published 15 Mar, 2019 12:29pm

Financial

China's yuan funds for forex down in February

BEIJING: China's yuan funds outstanding for foreign exchange edged down in February, according to central bank data.

Published 14 Mar, 2019 12:57pm

Financial

Sterling edges down after Brexit rally, Asia markets mixed

Hong Kong: The pound retreated from nine-month highs in Asia on Thursday as investors are dogged by Brexit uncertainty,

Published 14 Mar, 2019 09:25am

Financial

Australia, NZ dlrs pressured as bond yields keep falling

SYDNEY: The Australian and New Zealand dollars were on the defensive on Thursday as domestic bond yields extended a rece

Published 14 Mar, 2019 09:16am

Financial

Dollar pulls up from 9-day low as sterling recoils after big rally

TOKYO: The dollar pulled ahead from a nine-day low on Thursday, largely helped by the pound snapping back after a sharp

Published 14 Mar, 2019 08:41am

Financial

Yuan drifts lower on mixed trade, economic signals

HONG KONG: The yuan slid from a one-week high against the dollar on Thursday, after China reported a mixed bag of econom

Published 14 Mar, 2019 07:59am

Financial

Pound tracks back from Brexit highs, Asia markets mixed

HONG KONG: The pound retreated from nine-month highs in Asia on Thursday as investors are dogged by Brexit uncertainty,

Published 14 Mar, 2019 06:13am

Financial

India rupee hits 2-1/2-month high as inflows surge; RBI not spotted

MUMBAI: The Indian rupee rose to its highest in two-and-a-half months on Tuesday, buoyed by strong foreign inflows i

Published 12 Mar, 2019 01:06pm

Financial

Sterling surges in Asia on Brexit speculation

SYDNEY: Sterling surged in volatile Asian trading on Tuesday on speculation swirled British Prime Minister Theresa May m

Published 12 Mar, 2019 07:15am

Financial

Pound extends rally as May secures Brexit deal revision

Hong Kong:The pound extended its rally in Asian trade after British Prime Minister Theresa May hammered out a revision t

Published 12 Mar, 2019 06:26am

Financial

Dollar slips to 8-day low vs yen as equities fall broadly

TOKYO: The dollar slipped to an eight-day low against the yen on Friday as the region's equities slid on the back of ris

Published 08 Mar, 2019 07:28am

Financial

Dollar to slip, no lift expected from any China trade deal

BENGALURU: The U.S. dollar will slip over the coming year, according to a Reuters poll of strategists who also said a po

Published 07 Mar, 2019 10:03am

Financial

Australia, NZ dlrs in a sweat as rate cut fever spreads

SYDNEY/WELLINGTON: The Australian dollar was hanging on grimly on Thursday as disappointing retail sales added to alrea

Published 07 Mar, 2019 08:02am

Financial

Yuan inches up against dollar, jumps to 8-mth high against basket

SHANGHAI: China's yuan inched up against the U.S. dollar on Thursday, after hitting a near two-week low hit during the p

Published 07 Mar, 2019 07:42am

Financial

Aussie dollar sent tumbling on economic slowdown concerns

LONDON: The Australian dollar skidded to a two-month low on Wednesday after evidence of an economic slowdown support

Published 06 Mar, 2019 12:59pm

Financial

Yuan inches lower on dollar strength, renewed worries over N.Korea

SHANGHAI: China's yuan inched lower against the U.S. dollar on Wednesday, reflecting strength in the greenback after upb

Published 06 Mar, 2019 07:55am

Financial

Australia dlr pressured before GDP test, RBA stays upbeat

SYDNEY: The Australian dollar pared losses on Tuesday after the country's central bank stuck with its upbeat outlook for

Published 05 Mar, 2019 07:12am

Financial

Dollar stays near 2-week high as euro flags ahead of ECB meeting

TOKYO: The dollar stood close to a two-week high against key peers on Tuesday, shored up by a resilient U.S. economy and

Published 05 Mar, 2019 07:06am

Financial

Yuan inches up, market shrugs off China's lower 2019 GDP growth target

SHANGHAI: China's yuan inched up against the U.S. dollar on Tuesday, on lingering optimism a deal ending the trade war w

Published 05 Mar, 2019 06:19am

Financial

Yuan retreats on dollar rally, renewed caution on trade dispute

HONG KONG: The yuan eased on Friday as the dollar rallied broadly on better-than-expected U.S. economic data, with uncer

Published 01 Mar, 2019 07:51am

Financial

Yen, Swiss franc gain as Trump-Kim summit cut short

TOKYO: The safe-haven Swiss franc and the yen gained slightly on Thursday after the United States and North Korea fa

Updated 28 Feb, 2019 02:31pm

Financial

Dollar, yen up slightly as India-Pakistan tensions mount

TOKYO: The dollar and the yen edged up slightly on Wednesday following a rise in regional tensions after Pakistan said i

Published 27 Feb, 2019 08:57am

Financial

Asian units rise after Trump delays China tariff hike

Asian currencies firmed on Monday after US President Donald Trump delayed increasing tariffs on $200 billion worth o

Published 25 Feb, 2019 12:09pm

Financial

Yuan hits 7-month high, Aussie gains after Trump delays tariffs

LONDON: China's yuan touched a seven-month high and commodity-linked currencies like the Australian and New Zealand

Published 25 Feb, 2019 11:45am

Financial

Australian dollar boosted by risk rally, kiwi climbs on solid data

SYDNEY: The Australian dollar started the week on a firm footing, helped by improved risk sentiment across Asian markets

Published 25 Feb, 2019 08:54am

Financial

Aussie rises after Trump delays China tariffs; yuan at 7-month high

TOKYO: The risk-sensitive Australian dollar rose and the yen sagged in early Asian trade on Monday after U.S. President

Published 25 Feb, 2019 07:40am

Financial

Chinese yuan strengthens to 6.7151 against USD Friday

BEIJING: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 69 basis points to 6.71

Published 22 Feb, 2019 03:31pm

Financial

Dollar inches up after Fed minutes, trade issues back in view

TOKYO: The dollar inched up on Thursday after minutes from the Federal Reserve's last meeting revived expectations f

Published 21 Feb, 2019 12:24pm

Financial

Australian dollar whipsawed by jobs surge, rate call

SYDNEY/WELLINGTON: The Australian dollar was whipsawed on Thursday as a resoundingly strong jobs report sent it flyi

Published 21 Feb, 2019 12:23pm

Financial

Yuan strengthens below key 6.7 per dollar level on trade talks hopes

SHANGHAI: China's yuan strengthened to below 6.7 per dollar on Thursday, making fresh three-week highs after Bloombe

Published 21 Feb, 2019 11:57am

Financial

Dollar inches up after Fed minutes, Aussie felled by rates and coal woes

TOKYO: The dollar inched up on Thursday after minutes from the Federal Reserve's last meeting revived expectations for a

Published 21 Feb, 2019 09:10am

Financial

Yuan strengthens below key 6.7 per dlr level on trade talks hopes

SHANGHAI: China's yuan briefly strengthened below the key 6.7 per dollar level on Thursday to make fresh three-week high

Published 21 Feb, 2019 09:08am

Financial

Australian dollar slides on China's ban of coal imports

SYDNEY: The Australian dollar tumbled on Thursday on fears a ban on the country's coal by a Chinese port would hurt its

Published 21 Feb, 2019 09:03am

Financial

Dollar struggles before Fed minutes; yuan hits 3-week high

LONDON: China's yuan rose on Wednesday after the United States pressed Beijing to prevent a sharp weakening of its c

Published 20 Feb, 2019 11:59am

Financial

Yuan jumps to 3-week high on report US wants China currency stability pledge

SHANGHAI: The yuan jumped to a near three-week high against the dollar on Wednesday after a Bloomberg report said th

Published 20 Feb, 2019 11:56am

Financial

Yuan jumps to 3-week high on report U.S. wants China currency stability pledge

SHANGHAI: The yuan jumped to a near three-week against the dollar on Wednesday after a Bloomberg report said the United

Published 20 Feb, 2019 08:11am

Financial

Offshore yuan hits 2-week peak on report on stable currency pledge

NEW YORK: The Chinese yuan reached a two-week high against the dollar on Tuesday following a Bloomberg TV report tha

Published 19 Feb, 2019 07:16pm

Financial

Dollar edges up against yen after BOJ Kuroda's policy comments

TOKYO: The dollar received a mild lift versus the yen on Tuesday after Bank of Japan Governor Haruhiko Kuroda said the c

Published 19 Feb, 2019 03:00pm

Financial

Yen weakens as BOJ flags easing risks, euro trims earlier gains

TOKYO: The dollar inched up against the yen on Tuesday after Japan's central bank governor raised the possibility of fur

Published 19 Feb, 2019 02:35pm

Financial

Yen weakens as BOJ flags easing risks, euro trims earlier gains

TOKYO: The dollar inched up against the yen on Tuesday after Japan's central bank governor raised the possibility of fur

Published 19 Feb, 2019 08:57am

Financial

Australia dollar unsettled as RBA cites significant risks

SYDNEY/WELLINGTON: The Australian dollar eased back on Tuesday after the country's central bank sounded a warning about

Published 19 Feb, 2019 06:54am

Financial

Yuan dips on corporate dollar demand, trade talks remain focus

SHANGHAI: China's yuan eased against the U.S. dollar on Tuesday, dragged lower by rising corporate demand for the greenb

Published 19 Feb, 2019 06:24am

Financial

Sri Lanka rupee falls on importers' dollar demand; stocks decline

COLOMBO: The Sri Lankan rupee fell 0.6 percent on Monday in a lacklustre trade as importers stepped up dollar purchases,

Published 18 Feb, 2019 02:09pm

Financial

China's yuan climbs on trade talk momentum

HONG KONG: The yuan rose on Monday after China and the United States agreed to carry on negotiating for a trade deal ahe

Published 18 Feb, 2019 11:56am

Financial

Most Asian currencies stronger on trade talks optimism, stimulus

Most Asian currencies strengthened against the dollar on Monday on renewed hopes of progress in US-China trade talks and

Published 18 Feb, 2019 10:46am

Financial

Sri Lanka rupee ends lower on high dollar demand from importers; stocks steady

COLOMBO: Sri Lanka's rupee ended tad weaker on Thursday led by higher importer dollar demand, market sources said. Th

Published 14 Feb, 2019 12:27pm

Financial

Dollar higher as euro sags; Aussie firms on China data

SINGAPORE: The dollar held near three-month highs versus the euro on Thursday, supported by sustained strength in core U

Published 14 Feb, 2019 08:51am

Financial

Australian, NZ dlrs cautious, eyes on Sino-U.S. trade talks

SYDNEY: The Australian dollar briefly rose on Thursday after better-than-expected trade data from China, Australia's top

Published 14 Feb, 2019 08:50am

Financial

Yuan down slightly, hopes on Sino-US trade talks

SHANGHAI: China's yuan eased just a touch against the dollar on Thursday, with losses capped as markets were cautiously

Published 14 Feb, 2019 08:44am

Financial

Sri Lanka rupee ends weaker on high dollar demand from importers

COLOMBO: Sri Lanka's rupee ended tad weaker on Wednesday, as importer dollar demand surpassed the exporter greenback sal

Published 13 Feb, 2019 03:07pm

Financial

Sri Lanka rupee ends weaker on stock-related outflows

COLOMBO: Sri Lanka's rupee ended weaker on Tuesday, as banks bought dollars to facilitate stock-related outflows and imp

Published 12 Feb, 2019 03:09pm

Financial

Yuan edges up after slipping to near 3-week low

SHANGHAI: China's yuan was modestly firmer on Tuesday after easing to a near three-week low against the dollar, as the g

Published 12 Feb, 2019 08:04am

Financial

Australian dollar gains on iron ore rally, NZ$ firms

WELLINGTON: The Australian dollar inched up from six-week lows on Monday helped by a rally in prices for iron ore, the c

Published 11 Feb, 2019 03:37pm

Financial

China's yuan slips in catch-up trade, US-Sino talks in focus

SHANGHAI: China's yuan weakened against the US dollar on Monday, as the renminbi caught up with the dollar's gains in gl

Published 11 Feb, 2019 03:26pm

Financial

Most Asian currencies softer ahead of high level Sino-US trade talks

Most emerging Asian units started the week weaker against the dollar on Monday, as concerns over slackening world growth

Published 11 Feb, 2019 03:03pm

Financial

Hong Kong forex reserves at $432.0bn at end-Jan

Hong Kong's official foreign currency reserve assets stood at $432.0 billion at end-January, the Hong Kong Monetary Auth

Published 11 Feb, 2019 02:11pm

Financial

China Jan FX reserves rise more than expected to $3.088 trln

BEIJING: China's foreign exchange reserves rose slightly more than expected in January as the yuan rallied on hopes for

Published 11 Feb, 2019 01:15pm

Financial

Australian dollar gains on iron ore rally, NZ$ firms

SYDNEY/WELLINGTON: The Australian dollar inched up from six-week lows on Monday helped by a rally in prices for iron ore

Published 11 Feb, 2019 08:20am

Financial

China's yuan slips in catch-up trade, U.S.-Sino talks in focus

SHANGHAI: China's yuan weakened against the U.S. dollar on Monday, as the renminbi caught up with the dollar's gains in

Published 11 Feb, 2019 07:59am

Financial

Australia, NZ dollars downcast, bonds elated as markets bet on rate cuts

SYDNEY: The Australian and New Zealand dollars looked set to end a rough week with punishing losses on Friday as markets

Published 08 Feb, 2019 04:34pm

Financial

Dollar gains as growth worry sparks flight to safety; Aussie weakens

SINGAPORE: The dollar held near a two-week high on Friday, as demand for safe-haven assets rose on uncertainties about t

Published 08 Feb, 2019 04:06pm

Financial

Indonesian rupiah hits 8-mth high, most unchanged

The Indonesian rupiah firmed to an eight-month peak on Wednesday, boosted by robust growth data, while most other curren

Published 06 Feb, 2019 08:03am

Financial

Sri Lanka rupee ends 1pc weaker on importer dollar demand

COLOMBO: Sri Lanka's rupee ended 1 percent weaker on Tuesday, due to dollar demand as importers purchased the greenback

Published 05 Feb, 2019 02:51pm

Financial

Sri Lanka rupee ends 1pc firmer on dollar sales

COLOMBO: Sri Lanka's rupee ended over 1 percent firmer on Friday, posting a weekly gain of 2.8 percent, as foreign inves

Published 01 Feb, 2019 03:13pm

Financial

EM ASIA FX-Asian currencies mount strong gains after Fed's dovish outlook

The Federal Reserve's dovish turn supported Asian currencies on Thursday and sent the dollar lower as the move improved

Published 31 Jan, 2019 02:20pm

Financial

Dollar falls, euro lifted as Fed turns cautious

LONDON: The dollar weakened on Thursday after the Federal Reserve pledged to be patient with further interest rate hikes

Published 31 Jan, 2019 01:05pm

Financial

China sets yuan mid-point at strongest in 6-1/2 months

SHANGHAI: China's central bank on Thursday lifted its official yuan midpoint to the strongest level in 6-1/2 months to 6

Published 31 Jan, 2019 11:53am

Financial

Yuan rises to new 6-1/2-mth high as Fed takes dovish turn

SHANGHAI: China's yuan rose for a seventh straight session on Thursday, breaching a key threshold to a fresh 6-1/2-month

Published 31 Jan, 2019 09:12am

Financial

Yuan rises to 6-1/2-mth high on trade talk hopes

SHANGHAI: China's yuan strengthened for a sixth straight trading session on Wednesday to a 6-1/2-month high against the

Published 30 Jan, 2019 02:14pm

Financial

Australia dlr gets lift from inflation, jump in iron ore

SYDNEY: The Australian dollar bounced on Wednesday after a reading on domestic inflation proved not to be as weak as bea

Published 30 Jan, 2019 08:46am

Financial

Yuan rises to 6-1/2-mth high on trade talk hopes

SHANGHAI: China's yuan strengthened for a sixth straight trading session on Wednesday to a 6-1/2-month high against the

Published 30 Jan, 2019 08:36am

Financial

Pound stable after Brexit drop, Asia stocks mixed before trade talks

HONG KONG: The pound ticked up slightly in Asia on Wednesday after suffering heavy losses on worries about a possible no

Published 30 Jan, 2019 06:48am

Financial

China's yuan flat as trade talks, holiday draw near

HONG KONG: China's yuan was flat on Tuesday as investors remained cautious ahead of the next round of U.S.-China trade t

Published 29 Jan, 2019 08:09am

Financial

Yuan rises to over 6-mth high on weaker dollar, state bank support

SHANGHAI: China's yuan rose to its strongest level against the dollar in more than six months on Monday as the greenback

Published 28 Jan, 2019 04:27pm

Financial

Chinese yuan weakens slightly last week: index

BEIJING: China's yuan weakened slightly against a basket of currencies in the last trading week, according to a China Fo

Published 28 Jan, 2019 02:19pm

Financial

China's outstanding yuan property loans rise 20pc y/y by end-2018

BEIJING: China's outstanding yuan property loans grew 20 percent from a year earlier to 38.7 trillion yuan ($5.72 trilli

Published 25 Jan, 2019 12:01pm

Financial

Sterling reaches 11-week peak on hopes for May's new Brexit plan

SINGAPORE: Sterling scaled an 11-week high on Friday after The Sun reported that Northern Ireland's Democratic Unionist

Published 25 Jan, 2019 06:59am

Financial

China's yuan lifted by weak dollar; month-end settlements limit gains

HONG KONG: The yuan edged higher against the struggling dollar on Thursday but later pared gains as businesses looked

Published 24 Jan, 2019 02:59pm

Financial

Sri Lanka rupee edges down on importer, state bank dollar demand

COLOMBO: Sri Lanka's rupee closed slightly weaker on Wednesday due to dollar demand from importers and state banks, whil

Published 23 Jan, 2019 02:00pm

Financial

Yuan rebounds, regains key support level on profit taking

SHANGHAI: China's yuan rebounded against the U.S. dollar on Wednesday, recovering all of its losses in the previous sess

Published 23 Jan, 2019 08:45am

Financial

Yen weakens in Asian trade; Aussie, kiwi dollar strengthen

SINGAPORE: The safe-haven yen fell versus its peers on Wednesday as risk appetite marginally improved in Asian trading,

Published 23 Jan, 2019 08:21am

Financial

Sri Lanka rupee slips on importer, bank dollar demand; stocks down

COLOMBO: Sri Lanka's rupee closed slightly weaker on Monday, snapping two straight sessions of gains, due to dollar dema

Published 21 Jan, 2019 01:26pm

Financial

Pound holds its ground after May's Brexit battering

HONG KONG: The pound edged down Wednesday after the record defeat of British Prime Minister Theresa May's Brexit plan bu

Published 16 Jan, 2019 07:25am

Financial

Sri Lanka rupee ends weaker in dull trade

COLOMBO: Sri Lanka's rupee closed weaker on Monday in thin trade due to dollar demand from banks and importers, whil

Published 14 Jan, 2019 12:36pm

Financial

Sri Lanka rupee ends steady; shares post over 6-wk closing low

COLOMBO: Sri Lanka's rupee closed steady on Friday in dull trade as dollar selling by banks offset importer demand f

Published 11 Jan, 2019 01:57pm

Financial

China promotes use of yuan among Southeast Asian nations

SHANGHAI: China published a five-year blueprint on Friday seeking economic and financial integration between souther

Published 11 Jan, 2019 01:48pm

Financial

Sri Lanka rupee ends weaker on importer, bank dollar demand; stocks at 6-week low

COLOMBO: Sri Lanka's rupee ended weaker on Tuesday as importer dollar demand and continued outflows of foreign funds

Published 08 Jan, 2019 03:04pm

Financial

China's yuan softens on weak hopes for trade talks; dollar recovers

HONG KONG: The Chinese yuan weakened on Tuesday amid skepticism over whether the first negotiations in Beijing would

Published 08 Jan, 2019 12:32pm

Financial

Indonesia sells 8.655 trln rupiah of Islamic bonds

JAKARTA: * Indonesia's finance ministry sold 8.655 trillion rupiah ($611.88 million) of Islamic bonds at an auction on

Published 08 Jan, 2019 11:03am

Financial

Sri Lankan rupee ends firmer on mild dollar inflows; stocks down

COLOMBO: The Sri Lankan rupee recovered further on Monday, after hitting a record low in the previous week, helped b

Published 07 Jan, 2019 03:14pm

Financial

Sri Lankan rupee recovers; bourse turnover hits 10-yr low

COLOMBO: The Sri Lankan rupee recovered from a near record low hit in the previous session to end higher on Friday, boos

Published 04 Jan, 2019 02:27pm

Financial

Yen weakens but moves limited by global growth worries

SINGAPORE: The safe-haven yen weakened versus the dollar on Friday on hopes upcoming U.S.-China trade talks would make s

Published 04 Jan, 2019 10:09am

Financial

Yuan climbs cautiously on hopes for U.S.-China trade deal

HONG KONG: The Chinese yuan firmed on Friday on hopes that trade talks next week would help end the bitter U.S.-Sino tra

Published 04 Jan, 2019 09:44am

Financial

India has more than adequate 2,000 rupee notes in system

NEW DELHI: India has not yet decided on further printing of 2,000 rupee notes as there are more than adequate notes of t

Published 04 Jan, 2019 09:39am

Financial

Yen surges, Aussie slides as growth fears trigger FX 'flash crash'

SINGAPORE: The yen soared versus its peers on Thursday, breaking through key technical support levels as heightened glob

Published 03 Jan, 2019 08:39am

Financial

Yuan inches lower on weaker midpoint, risk aversion

SHANGHAI: China's yuan inched lower against the U.S. dollar on Thursday, dragged by the central bank's weaker midpoint f

Published 03 Jan, 2019 08:18am

Financial

Aussie dollar tanks to 10-year low against USD

SYDNEY: The Australian dollar briefly hit a 10-year low against the greenback Thursday, as twitchy investors ditched mor

Published 03 Jan, 2019 07:02am

Financial

Sri Lankan rupee ends near record low; shares edge higher

COLOMBO: The Sri Lankan rupee ended near record low on Wednesday due to continued outflows of foreign funds mainly f

Published 02 Jan, 2019 04:18pm

Financial

Yen stands tall as growth concerns curb risk appetite

LONDON: The Japanese yen rose sharply across the board on Wednesday as investors grew cautious on the first trading

Published 02 Jan, 2019 12:05pm

Financial

Sri Lankan rupee ends slightly firmer

COLOMBO: The Sri Lankan rupee closed slightly firmer on Tuesday but trade was thin as many foreign currency traders

Published 01 Jan, 2019 12:33pm

Financial

Indonesian rupiah leads gains on "progress" in U.S.-China talks

Most Asian currencies were set to end a bumpy year on a positive note, with the Indonesian rupiah leading gains on Monda

Published 31 Dec, 2018 08:28am

Financial

Sri Lankan rupee hits record low; investors shrug off cenbank rate decision

COLOMBO: The Sri Lankan rupee fell to a record low for a sixth straight session on Friday on continued outflows of forei

Published 28 Dec, 2018 08:54pm

Financial

Sri Lankan rupee slides to yet another record low vs dollar

COLOMBO: The Sri Lankan rupee on Friday fell to record low against the dollar for a sixth straight session, hurt by rele

Published 28 Dec, 2018 08:03am

Financial

Sri Lankan rupee hits record low of 182.35 vs dollar

COLOMBO: The Sri Lankan rupee fell to a record low against the dollar on Thursday amid pressure from capital outflow

Published 27 Dec, 2018 12:43pm

Financial

Yen gains as stocks fall in broad-based selloff

LONDON: The Japanese yen gained half a percent against the dollar on Thursday as widening cracks in global stock mar

Published 27 Dec, 2018 12:25pm

Financial

Sri Lankan rupee hits record low on foreign outflows

COLOMBO: The Sri Lankan rupee fell to a record low on Wednesday due to continued outflows of foreign funds mainly fr

Published 26 Dec, 2018 01:44pm

Financial

Dollar slips to 4-month low vs yen amid turmoil in Washington

TOKYO: The dollar fell against the safe-haven yen and Swiss franc on Tuesday as investors cut their exposure to risk

Updated 25 Dec, 2018 04:13pm

Financial

Sri Lankan rupee hits record low as foreign outflows continue

COLOMBO: The Sri Lankan rupee fell to a record low on Monday due to continued outflows of foreign funds from bonds

Published 24 Dec, 2018 02:16pm

Financial

Yen, Swiss franc rise as US political uncertainty, global growth woes dim mood

SINGAPORE: The Japanese yen and the Swiss franc gained on Monday, thanks to safe-haven buying as sentiment in finan

Published 24 Dec, 2018 01:25pm

Financial

Yuan reverses course, inches up on signs of state bank support

SHANGHAI: China's yuan slipped initially on Monday morning, but changed course and moved higher on selling of dollar

Published 24 Dec, 2018 01:21pm

Financial

Most Asian currencies subdued as US political uncertainty dampens sentiment

Most Asian currencies barely moved in holiday-thinned trade on Monday, as political uncertainty in the United States

Published 24 Dec, 2018 12:59pm

Financial

China's yuan weakens as new lending tool points to further easing

SHANGHAI/HONG KONG: The yuan weakened on Thursday after China's central bank introduced a targeted lending measure t

Published 20 Dec, 2018 12:30pm

Financial

Sri Lankan rupee hits record low of 181 against dollar

COLOMBO: The Sri Lankan rupee fell to a record low against the dollar on Thursday, amid pressure on the currency due

Published 20 Dec, 2018 11:37am

Financial

Indonesia rupiah has room to strengthen, says central bank official

JAKARTA: Senior Indonesian central bank official Nanang Hendarsah said on Thursday the rupiah has room to strengthen

Published 20 Dec, 2018 10:56am

Financial

Sri Lankan rupee ends weaker as foreign outflows hurt

COLOMBO: The Sri Lankan rupee ended weaker on Wednesday amid pressure on the currency due to foreign outflows from bonds

Published 19 Dec, 2018 11:57am

Financial

India rupee at near 3-week high on likely soft Fed outlook, low crude

MUMBAI: The Indian rupee touched a near three-week high against the dollar on Tuesday on lower crude prices and expectat

Published 18 Dec, 2018 09:50am

Financial

Australia, NZ dlrs on defensive, bonds get budget boost

SYDNEY: The Australian and New Zealand dollars were put on the defensive on Monday by worries about slowing growth in Ch

Published 17 Dec, 2018 01:42pm

Financial

Dollar index near 19-month high on safe-haven bid amid global growth worries

SINGAPORE: The dollar held near a 19-month high on Monday, bolstered by safe-haven buying as heightened concerns of a gl

Published 17 Dec, 2018 01:26pm

Financial

China's yuan firms ahead of key events, trade volumes rise

SHANGHAI: China's yuan firmed in active trade on Monday, but hovered near the psychologically-important 6.9 per dollar l

Published 17 Dec, 2018 01:17pm

Financial

EM ASIA FX-Most Asian currencies barely move; Thai baht weakens most

Most emerging Asian currencies moved only marginally on Monday, as the dollar held near a 19-month high ahead of an expe

Published 17 Dec, 2018 01:05pm

Financial

Sri Lankan rupee ends lower on foreign sell-off on uncertainty

COLOMBO: The Sri Lankan rupee ended weaker on Friday amid pressure on the currency due to foreign outflows from bonds an

Published 14 Dec, 2018 02:12pm

Financial

Sri Lankan rupee ends lower on foreign sell-off ahead of key ruling

COLOMBO: The Sri Lankan rupee ended a tad weaker on Thursday in dull trade amid pressure on the currency due to foreign

Published 13 Dec, 2018 03:13pm

Financial

Sri Lankan rupee ends lower as foreign sell-off continues

COLOMBO: The Sri Lankan rupee ended weaker on Wednesday, as foreign investors continued to exit from bonds and stocks as

Published 12 Dec, 2018 01:56pm

Financial

Sri Lankan rupee, stocks slide as political crisis spurs outflows

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday, as foreign investors continued to exit from bonds and stocks as a

Published 11 Dec, 2018 02:08pm

Financial

India's rupee, stocks down as central bank chief quits

MUMBAI: India's rupee plunged along with equities on Tuesday after the country's central bank chief quit following a dis

Published 11 Dec, 2018 07:51am

Financial

China fixes yuan midpoint at 1-wk low, biggest one-day weakening since late Aug

SHANGHAI: China's central bank lowered its official yuan midpoint by the most in more than three months to 6.8996 pe

Published 11 Dec, 2018 01:52am

Financial

Pound struggles near 20-mth low on Brexit setback, dollar stands tall

TOKYO: The pound struggled near a 20-month low against the dollar on Tuesday after British Prime Minister Theresa Ma

Published 11 Dec, 2018 01:17am

Financial

Sri Lankan rupee, stocks end weaker as foreign outflows bite

COLOMBO: The Sri Lankan rupee ended slightly weaker on Monday, as foreign investors continued to exit from bonds and sto

Published 10 Dec, 2018 02:37pm

Financial

Indian rupee forwards slump after central bank head quits

LONDON: Indian rupee forwards posted their biggest daily slump in more than five years on Monday, after Reserve Bank of

Published 10 Dec, 2018 02:20pm

Financial

China, Ukraine renew bilateral local currency swap agreement

BEIJING: China and Ukraine have renewed a bilateral local currency swap agreement worth 15 billion yuan ($2.18 billion)

Published 10 Dec, 2018 12:28pm

Financial

Dollar dips versus yen as growth concerns shake confidence

TOKYO: The dollar dipped against the safe-haven yen on Thursday amid a spike in risk aversion, as equities continued

Published 06 Dec, 2018 01:51am

Financial

Foreign investors cut China treasuries in Nov on weak yuan, yields

SHANGHAI: Offshore investors reduced their holdings of Chinese government bonds in November, data from China's primary b

Published 05 Dec, 2018 03:40pm

Financial

Indonesia rupiah drop a "technical correction", BI not yet intervening -official

JAKARTA: A drop in the Indonesian rupiah on Wednesday was due to "technical correction" and the central bank is yet to i

Published 05 Dec, 2018 09:11am

Financial

Australia, NZ shares follow Wall Street down, but losses are milder

Australian shares fell on Wednesday, following a sell-off on Wall Street, as a flattening U.S. Treasury yield curve spar

Published 05 Dec, 2018 08:49am

Financial

Sri Lankan rupee ends firmer on dollar remittances

COLOMBO: The Sri Lankan rupee closed firmer on Monday as banks sold dollars due to month-end inward remittances, but the

Published 03 Dec, 2018 01:55pm

Financial

Aussie dollar, yuan lead gains after US-China trade war truce

LONDON: China's yuan and the Australian dollar led the rally against the US dollar on Monday after Washington and Beijin

Published 03 Dec, 2018 01:26pm

Financial

Sri Lankan rupee ends firmer on remittances, but remains under pressure

COLOMBO: The Sri Lankan rupee closed firmer on Friday as banks sold dollars due to month-end inward remittances, but the

Published 30 Nov, 2018 01:29pm

Financial

Sri Lankan rupee ends slightly weaker on economic woes

COLOMBO: The Sri Lankan rupee closed marginally weaker on Thursday as investors dumped rupee-denominated assets on a cre

Published 29 Nov, 2018 03:17pm

Financial

Sri Lankan rupee hits fresh low against dollar for 6th day running

COLOMBO: The Sri Lankan rupee hit yet another record low against the dollar on Wednesday on continuing concerns about po

Published 28 Nov, 2018 08:31am

Financial

Australia, NZ dlrs near recent lows on Sino-U.S. trade jitters

SYDNEY: The Australian dollar hovered near one-week lows as markets were nervous before crucial trade talks between the

Published 27 Nov, 2018 08:57am

Financial

China's yuan edges lower as Trump comments dash hopes of trade truce

SHANGHAI: The yuan edged lower against the dollar on Tuesday on growing doubts over whether the leaders of China and the

Published 27 Nov, 2018 08:53am

Financial

Australia, NZ dollars find tenuous support ahead of trade test

SYDNEY: The Australian and New Zealand dollars found some support on Monday as Asian markets steadied on hopes for progr

Published 26 Nov, 2018 08:22am

Financial

Sri Lankan rupee hits fresh low against dollar

COLOMBO: The hit yet another record low against the dollar on Monday due to concerns over political uncertainty dragging

Published 26 Nov, 2018 07:51am

Financial

Sri Lankan rupee hits record low on Moody's downgrade, political uncertainty

COLOMBO: The Sri Lankan rupee fell to an all-time low of 179.95 per dollar on Friday, as Moody's downgrade of the countr

Published 23 Nov, 2018 02:26pm

Financial

NZ dlrs set for biggest weekly fall since October

The Australian and New Zealand dollars eased on Friday and were on track for their worst weekly performances since early

Published 23 Nov, 2018 08:16am

Financial

Euro, sterling steady as traders look to Brexit progress

SINGAPORE: The euro and sterling edged higher against the dollar on Friday after Britain and the European Union agreed a

Published 23 Nov, 2018 08:01am

Financial

Yuan eases after PBOC seen managing decline

China's yuan softened on Friday after official data suggested that the People's Bank of China spent more to prop up the

Published 23 Nov, 2018 07:53am

Financial

Sri Lankan rupee hits record low of 179.50 against dollar

COLOMBO: The Sri Lankan rupee hit yet another record low against the dollar on Friday as Moody's downgrade of the countr

Published 23 Nov, 2018 07:32am

Financial

Euro, sterling hold steady on Brexit hopes; dollar drifts lower

SINGAPORE: The euro and sterling steadied versus the dollar on Friday after Britain and the European Union agreed in

Published 23 Nov, 2018 01:45am

Financial

Indian rupee hits near 12-week high; traders say RBI not seen in market

MUMBAI: The Indian rupee rose to its highest in almost 12 weeks on Thursday as global oil prices eased further. The r

Published 22 Nov, 2018 12:02pm

Financial

Softer dollar, cheaper oil prop up emerging-market currencies

A weaker dollar and lower oil prices limited losses in emerging- market currencies on Thursday, with South Africa's rand

Published 22 Nov, 2018 10:05am

Financial

Australia, NZ dlrs slip as shine comes off risk assets

SYDNEY: The Australian and New Zealand dollars slipped on Thursday as risk assets fell out of favour, with investors fre

Published 22 Nov, 2018 08:55am

Financial

Most Asia currencies inch up on dollar slip; rupee biggest gainer

Most Asian currencies firmed slightly on Thursday as the dollar's softening after two strong sessions restored some appe

Published 22 Nov, 2018 08:51am

Financial

Yuan edges lower as market watches for trade war risks

HONG KONG: China's yuan weakened on Thursday in cautious trade ahead of next week's G20 meeting in Argentina, with trade

Published 22 Nov, 2018 05:45am

Financial

Sri Lankan rupee hits record low of 177.20 against dollar

COLOMBO: The Sri Lankan rupee fell to a record low on Monday as political uncertainty deepened a day after President

Published 19 Nov, 2018 01:57pm

Financial

Yuan weakens as trade tensions, easing pressures persist

HONG KONG: The yuan dropped against the dollar on Monday as the United States kept up pressure on China in their bit

Published 19 Nov, 2018 11:12am

Financial

Yuan firms on state bank support, signs trade tensions easing

SHANGHAI: China's yuan closed slightly firmer on Tuesday as early support from major state-owned Chinese banks lifte

Published 13 Nov, 2018 12:46pm

Financial

Sri Lanka rupee hits record low of 176.05 on political crisis

COLOMBO: The Sri Lankan rupee fell to a record low on Tuesday, as political uncertainty triggered by President Maithripa

Published 13 Nov, 2018 09:12am

Financial

Sri Lankan rupee hits record low, dollar bonds plummet after parliament suspension

COLOMBO: The Sri Lankan rupee fell to a record low of 175.90 to the US dollar on Monday, as political uncertainty trigge

Published 12 Nov, 2018 09:17pm

Financial

Dollar treads water ahead of US mid term elections, RBA holds steady

SINGAPORE: The dollar held in tight ranges versus its major rivals on Tuesday with investors putting discretion befo

Published 06 Nov, 2018 11:55am

Financial

Yuan edges down as investors gauge US mid-terms' impact on trade

HONG KONG: The Chinese yuan weakened slightly on Tuesday as investors stayed on the sidelines to await the results o

Published 06 Nov, 2018 11:51am

Financial

Indonesian rupiah outperforms cautious peers ahead of US mid-terms

Indonesia's rupiah surged over 1 percent on improved dollar liquidity thanks to recent government bond issuance, whi

Published 06 Nov, 2018 11:41am

Financial

Indonesian rupiah outperforms cautious peers ahead of U.S. mid-terms

Indonesia's rupiah surged over 1 percent on improved dollar liquidity thanks to recent government bond issuance, while m

Published 06 Nov, 2018 08:07am

Financial

Indian rupee weakens; soft crude likely to limit fall

MUMBAI: Indian rupee opened weaker on Monday tracking Asian peers due to strong U.S. jobs data that bolstered expectatio

Published 05 Nov, 2018 09:27am

Financial

China's yuan rebounds to close at strongest in nearly a week

HONG KONG/SHANGHAI: China's yuan edged off 10-year low on Thursday to end at 6.9496 per dollar, its highest onshore

Published 01 Nov, 2018 11:14am

Financial

Yuan set for longest monthly losing streak, more pressure ahead

SHANGHAI: China's yuan eased against the U.S. dollar on Wednesday and looked set to post its longest monthly losing

Published 31 Oct, 2018 11:47am

Financial

China's yuan hits decade low on trade, economy fears

SHANGHAI: The Chinese yuan weakened to a decade low on Tuesday on concerns over China's slowing economy and the US t

Published 30 Oct, 2018 11:11am

Financial

Sri Lanka rupee hits record low of 172.95 per dollar

COLOMBO, Oct 23 (Reuters) - The Sri Lankan rupee slumped to a fresh low for a third straight session on Tuesday due to i

Published 23 Oct, 2018 10:45am

Financial

Sri Lankan rupee ends weaker; stocks slip to near 5-yr closing low

COLOMBO: The Sri Lankan rupee ended weaker on Wednesday as banks and importers bought the US dollar while stocks edged l

Published 18 Oct, 2018 02:25pm

Financial

China's new yuan loans expand in September

BEIJING: China's new yuan-denominated loans stood at 1.38 trillion yuan (about 200 billion US dollars) in September, up

Published 17 Oct, 2018 11:31am

Financial

Asian currencies firmer on improved sentiment, S.Korean won leads gains

Asian currencies made slight advances against the dollar on Tuesday as global sentiment towards riskier assets improved

Published 16 Oct, 2018 12:34pm

Financial

Despite Beijing's line, investors gun for yuan at 7 to the dollar

SHANGHAI/HONGKONG: Investors are betting that the powerful forces of easier monetary policy at home and unrelenting gain

Published 16 Oct, 2018 10:40am

Financial

Sri Lankan rupee edges up; stocks down for third session

COLOMBO: The Sri Lankan rupee ended slightly higher on Thursday, easing from a record low hit in the previous session, a

Published 11 Oct, 2018 02:12pm

Financial

Australia, NZ dlrs shoved to sidelines as stocks slide

SYDNEY: The Australian and New Zealand dollars nursed losses on the yen and euro on Thursday as a slide in global share

Published 11 Oct, 2018 12:15pm

Financial

Indian rupee hits lifetime low, stocks tumble on global markets sell-off

MUMBAI: The Indian rupee plumbed new lows and stock markets fell deeper into the red for the year on Thursday, rocked by

Published 11 Oct, 2018 12:10pm

Financial

Dollar weakens, yen at October highs after US stocks slide

SINGAPORE: The US dollar, usually seen as a safe haven in turbulent times, surprised some currency strategists on Thursd

Published 11 Oct, 2018 12:04pm

Financial

Yuan weakens slightly amid global equity sell-off

SHANGHAI: China's yuan weakened slightly against the US dollar on Thursday amid a global equity sell-off that shrank ris

Published 11 Oct, 2018 11:58am

Financial

Australian, NZ dollars edge higher as Treasury yields step back

SYDNEY: The Australian and New Zealand dollars inched higher for a second session on Wednesday as US bond yields eased b

Published 10 Oct, 2018 12:15pm

Financial

Indian rupee, bonds gain in early trade; seen rangebound

MUMBAI: The Indian rupee gained on Wednesday, recovering from a record low hit at the end of the previous session, as ga

Published 10 Oct, 2018 11:31am

Financial

Yuan firms as dollar takes breather, but outlook still weak

SHANGHAI: China's yuan firmed against the dollar on Wednesday as a rally in the greenback paused and as Beijing reiterat

Published 10 Oct, 2018 11:25am

Financial

EM ASIA FX-Asian currencies find respite as US yields dip

A retreat in US debt yields gave Asian currencies some respite on Wednesday, but going forward they are likely to remain

Published 10 Oct, 2018 11:22am

Financial

Sri Lanka rupee hits record low of 171 per dollar

COLOMBO: The Sri Lankan rupee slumped to a fresh low on Tuesday, as a broadly stronger dollar and selling in government

Published 10 Oct, 2018 11:14am

Financial

China's yuan regains footing amid offshore liquidity squeeze

SHANGHAI/HONG KONG: China's yuan firmed against the dollar on Tuesday after falling to seven-week lows the previous sess

Published 09 Oct, 2018 12:47pm

Financial

Indian rupee hits record low of 74.28 per dollar

MUMBAI: The Indian rupee dropped to a record low on Tuesday afternoon with weakness in domestic shares and some Asian pe

Published 09 Oct, 2018 10:18am

Financial

Yuan finds traction after sharp declines, limiting other Asian units losses

Losses in most Asian currencies were limited by a strengthening in the yuan on Tuesday, as the Chinese currency recovere

Published 09 Oct, 2018 10:16am

Financial

Sri Lanka rupee hits record low of 171 per dollar

COLOMBO: The Sri Lankan rupee slumped to a fresh low on Tuesday, as a broadly stronger dollar and selling in government

Published 09 Oct, 2018 09:48am

Financial

EM ASIA FX-Yuan hits 7-week low after PBOC cuts reserve ratio, frees up liquidity

Most Asian currencies were weaker on Monday, with the yuan among the top decliners after the central bank cut the minimu

Published 08 Oct, 2018 12:06pm

Financial

Sri Lanka rupee hits record-low of 170.60 per dollar

COLOMBO: The Sri Lankan rupee slumped to yet another all-time low on Monday, as a broadly stronger dollar and selling in

Published 08 Oct, 2018 11:48am

Financial

Australia, NZ dollars on the defensive as US yields advance

SYDNEY: The Australian and New Zealand dollars were stuck near multi-year lows on Monday as higher Treasury yields under

Published 08 Oct, 2018 11:42am

Financial

Dollar tenses for yuan fix as China eases policy

SYDNEY: The dollar got off to a tense start on Monday as investors waited to see if China would follow an easing in

Published 08 Oct, 2018 01:30am

Financial

China's Sept FX reserves fall more than expected to $3 trln

BEIJING: China's foreign exchange reserves fell more than expected in September to a 14-month low as the yuan currency w

Published 07 Oct, 2018 11:32am

Financial

Kenya shilling unchanged, draws support from remittances and weak demand

NAIROBI: The Kenyan shilling traded stable against the dollar on Friday, supported by inflows from Diaspora remittances

Published 05 Oct, 2018 12:25pm

Financial

Indonesia's forex reserves drop by $3.1bn in Sept

JAKARTA: Indonesia's foreign exchange reserves dropped by about $3.1 billion in September, partly due to currency market

Published 05 Oct, 2018 11:35am

Financial

Indian rupee collapses to 73.77 against USD

NEW DELHI: The Indian rupee on Thursday slumped further to an all-time low of 73.77 against the U.S. dollar. "Indian

Published 04 Oct, 2018 07:51am

Financial

Sri Lanka rupee ends marginally down; stocks hit near 6-yr closing low

COLOMBO: The Sri Lankan rupee closed marginally weaker on Tuesday, near a record low touched last week, hurt by dollar d

Published 03 Oct, 2018 12:10pm

Financial

Indian rupee hits record low as high oil prices weigh

MUMBAI: The Indian rupee dropped to a record low on Wednesday as a sharp rise in global crude oil prices heaped more pre

Published 03 Oct, 2018 12:03pm

Financial

EM ASIA FX-Rupee hits record low, Bank Indonesia supports rupiah as oil prices weigh

The Indian rupee opened at a record low on Wednesday and further weakening in Indonesia's embattled rupiah prompted cent

Published 03 Oct, 2018 11:48am

Financial

India's Q4 gold imports to jump as investors seek safer bets than stocks

MUMBAI: India's gold imports may rise in the fourth quarter as investors seek alternatives to faltering equity markets a

Published 03 Oct, 2018 10:48am

Financial

Sri Lanka rupee ends marginally down; stocks hit near 6-year closing low

COLOMBO: The Sri Lankan rupee closed marginally weaker on Tuesday, near a record low touched last week, hurt by dollar d

Published 02 Oct, 2018 01:37pm

Financial

Dollar slips vs yen as Canada trade deal's boost to risk appetites fades

TOKYO: The dollar retained gains against a basket of currencies on Tuesday while slipping off a more than 10-month peak

Published 02 Oct, 2018 10:08am

Financial

Australia, NZ dlrs sit still, RBA holds rates with eye on housing

SYDNEY/WELLINGTON: The Australian and New Zealand dollars dithered on Tuesday as a deal between Canada and the United St

Published 02 Oct, 2018 09:58am

Financial

EM ASIA FX-Most Asian units slip, but baht hits 3-1/2 month high

The Thai baht strengthened to a 3-1/2 month high on Monday after September's higher-than-expected inflation rate led som

Published 01 Oct, 2018 12:10pm

Financial

Sri Lanka rupee hits record low; shares fall amid foreign outflows

COLOMBO:The Sri Lankan rupee hit a record low on Thursday as foreign investors exited government securities after the US

Published 27 Sep, 2018 02:33pm

Financial

Sri Lankan rupee closes near record low

COLOMBO: The Sri Lankan rupee declined on Tuesday and closed above its record low hit last week, while intervention by t

Published 25 Sep, 2018 02:48pm

Financial

Yuan firms as China pledges no devaluation after new tariffs

SHANGHAI: The yuan edged up against the US dollar on Wednesday as Premier Li Keqiang pledged China will not engage i

Published 19 Sep, 2018 01:13pm

Financial

Sri Lankan rupee hits record low for sixth session

COLOMBO: The Sri Lankan rupee hit a record low for a sixth straight session on Wednesday due to dollar demand from i

Published 19 Sep, 2018 12:21pm

Financial

Sri Lankan rupee hits record low for 5th straight session

COLOMBO: The Sri Lankan rupee hit an all-time low of 166.10 per dollar on Tuesday due to dollar demand from importer

Published 18 Sep, 2018 02:45pm

Financial

China's yuan down as Beijing, Washington escalate trade row; stimulus hopes boost stocks

SHANGHAI: China's yuan currency inched lower on Tuesday after U.S. President Donald Trump said Washington will impos

Published 18 Sep, 2018 08:35am

Financial

Sri Lankan rupee touches fresh low for third straight day

COLOMBO: The Sri Lankan rupee hit a fresh low against the dollar on Friday and traders expect the currency to be und

Published 14 Sep, 2018 02:37pm

Financial

Indian rupee strengthens after comments by finance ministry official

MUMBAI: The Indian rupee staged a sharp recovery on Wednesday, following talk of possible fiscal and monetary steps

Published 12 Sep, 2018 02:42pm

Financial

Sri Lanka rupee hits fresh low; ends steady

COLOMBO: The Sri Lankan rupee hit a fresh low on Wednesday before ending steady as late dollar sales by banks outpac

Published 12 Sep, 2018 02:09pm

Financial

Indonesia's forex reserves decline around $400mn in Aug

JAKARTA: Indonesia's foreign exchange reserves slipped around $400 million in August to $117.9 billion, Bank Indones

Published 07 Sep, 2018 12:54pm

Financial

Indian rupee to languish around 70 per dollar a year from now

BENGALURU: India's battered rupee, which has lost more than 12 percent this year, will hover near record lows on a w

Published 06 Sep, 2018 12:17pm

Financial

Indonesian rupiah, stocks battered in emerging market rout

JAKARTA: Indonesia's rupiah currency dropped Wednesday to its lowest level since the 1998 Asian Financial Crisis and

Published 05 Sep, 2018 02:35pm

Financial

Sri Lankan rupee slide continues, hits fresh low

COLOMBO: The Sri Lankan rupee fell to a fresh low on Wednesday, tracking weakness in emerging markets stocks and cur

Published 05 Sep, 2018 02:03pm

Financial

Yuan weakens despite tighter liquidity offshore

SHANGHAI: China's yuan finished domestic trade lower on Tuesday, as broad strength in the U.S. dollar eclipsed the s

Published 04 Sep, 2018 02:26pm

Financial

Sri Lankan rupee hits record low for 11th session

COLOMBO: The Sri Lankan rupee fell to an all-time low on Tuesday, marking its 11th straight session of setting fresh

Published 04 Sep, 2018 01:17pm

Financial

Indonesia warns currency speculators of ‘firm action’ as rupiah strikes 20-year low

JAKARTA: Indonesia's finance minister said on Tuesday that authorities will take firm action against currency specul

Published 04 Sep, 2018 01:04pm

Financial

Sri Lankan rupee hits record low for 10th session on importer dollar demand

COLOMBO: The Sri Lankan rupee fell to an all-time low on Monday, marking a 10th straight session of setting fresh tr

Published 03 Sep, 2018 03:41pm

Financial

Indonesia braces for prolonged pressure as rupiah slides

JAKARTA: Indonesia is bracing for prolonged pressure on the rupiah amid souring emerging market sentiment exacerbate

Published 03 Sep, 2018 12:16pm

Financial

Sri Lankan rupee hits record low on strong importer dollar demand

COLOMBO: The Sri Lankan rupee dropped to an all-time low on Friday, marking its ninth straight session of setting fresh

Published 31 Aug, 2018 07:59pm

Financial

Indian rupee touches record low as Asia markets tumble

HONG KONG: Emerging market currencies sank in Asia on Friday, with the Indian rupee at a record low as dealers fear

Published 31 Aug, 2018 01:58pm

Financial

Sri Lankan rupee weakens further to fresh record low

COLOMBO: The Sri Lankan rupee dropped to an all-time low on Thursday, marking its eighth straight session of setting

Published 30 Aug, 2018 12:53pm

Financial

Indian rupee plunges to new low against the dollar

MUMBAI: India's rupee hit fresh lows against the dollar Wednesday as emerging market currencies continue to be sold

Published 29 Aug, 2018 12:24pm

Financial

Sri Lankan rupee hits record low for seventh session

COLOMBO: The Sri Lankan rupee hit an all-time low for a seventh straight session on Wednesday, dragged down by impor

Published 29 Aug, 2018 11:57am

Financial

Yuan eases on dollar demand, snapping a 3-day winning streak

SHANGHAI: China's yuan weakened against the US dollar on Wednesday, snapping a three-day winning streak, pulled lowe

Published 29 Aug, 2018 11:54am

Financial

Indian rupee hits record low, dealers say central bank intervention mild

MUMBAI: The Indian rupee touched a record low of 70.475 to the dollar on Wednesday, tracking weakness in Asian peers

Published 29 Aug, 2018 11:49am

Financial

Sri Lankan rupee hits record low; mild dollar sales ease pressure

COLOMBO: The Sri Lankan rupee hit an all-time low of 161.30 per dollar on Tuesday, dragged down by importer dollar d

Published 28 Aug, 2018 01:51pm

Financial

Yuan hits 4-week high as China signals support, revives X-factor for fixing

SHANGHAI: China's yuan finished Monday afternoon trade at a near 4-week high to the dollar after the central bank re

Published 27 Aug, 2018 12:24pm

Financial

Sri Lankan rupee hits fresh low on foreign outflows

COLOMBO: The Sri Lankan rupee touched a record low of 160.65 per dollar on Tuesday as importer dollar demand and for

Published 21 Aug, 2018 12:59pm

Financial

Dollar broadly lower after Trump remarks

TOKYO: The dollar traded lower against a basket of major peers on Tuesday after U.S. President Donald Trump said he

Published 21 Aug, 2018 12:38pm

Financial

Sri Lankan rupee hits record low for second session on importer demand

COLOMBO: The Sri Lankan rupee hit an all-time low for a second straight session on Thursday, as importers bought dol

Published 16 Aug, 2018 03:36pm

Financial

Yuan decline helps China in US trade war, at a price

BEIJING: The recent fall of the yuan has been a boon to Chinese exporters facing a trade war with the United States, but

Published 10 Aug, 2018 10:21am

Financial

Sri Lankan rupee edges down on importer dollar demand

COLOMBO: The Sri Lankan rupee closed marginally weaker on Thursday on importer dollar demand, while dealers expect the l

Published 09 Aug, 2018 01:19pm

Financial

Sri Lankan rupee falls on importer dollar demand

COLOMBO: The Sri Lankan rupee fell on Wednesday as demand for the US dollar from banks surpassed mild inward remittances

Published 08 Aug, 2018 01:44pm

Financial

EM ASIA FX-Most Asian currencies weaken on trade war, Iran sanctions

SINGAPORE: Most Asian currencies weakened against the dollar on Tuesday as revived US sanctions on Iran and escalating t

Published 07 Aug, 2018 12:39pm

Financial

Sri Lankan rupee edges higher on inward remittances

COLOMBO: The Sri Lankan rupee ended slightly firmer on Monday as inward remittances surpassed early demand for the US do

Published 06 Aug, 2018 01:31pm

Financial

Indian shares edge higher to record close; financials lead

MUMBAI: Indian shares edged up on Monday to their highest close, driven by financials such as private sector lenders ICI

Published 06 Aug, 2018 10:56am

Financial

Sri Lankan rupee ends steady; central bank keeps rates steady

COLOMBO: The Sri Lankan rupee ended steady on Friday as dollar demand from foreign banks offset selling of the greenback

Published 03 Aug, 2018 12:14pm

Financial

China's yuan hits 14 month low as Trump ramps up trade pressure

SHANGHAI: China's yuan fell to a 14-month low against the dollar on Thursday in domestic trading, pulled down by worries

Published 02 Aug, 2018 03:21pm

Financial

Sri Lanka rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended marginally weaker on Thursday as late dollar demand from foreign banks surpassed gre

Published 02 Aug, 2018 02:31pm

Financial

Yuan inches up, but US-China trade dispute keeps market on edge

SHANGHAI: China's yuan had choppy session on Wednesday, as traders grappled with Sino-US trade war tensions, with the cu

Published 01 Aug, 2018 01:03pm

Financial

Dollar seesaws vs yen after BOJ tweaks policy

TOKYO: The US dollar seesawed against the Japanese yen on Tuesday after the Bank of Japan made small tweaks to its polic

Published 31 Jul, 2018 01:12pm

Financial

Indonesia raises 20 trillion rupiah in bond auction

JAKARTA: Indonesia raised 20 trillion rupiah ($1.39 billion) in a bond auction on Tuesday, the maximum target amount, th

Published 31 Jul, 2018 12:16pm

Financial

Yuan weakens, set for 4th straight monthly loss in July

SHANGHAI: China's yuan finished lower against the US dollar at the domestic close on Tuesday after the central bank set

Published 31 Jul, 2018 12:07pm

Financial

Iran currency drops 18% in two days

TEHRAN: Iran's currency traded at a fresh record-low of 119,000 to the dollar on Tuesday, a loss of nearly two-thirds of

Published 31 Jul, 2018 08:19am

Financial

Sri Lankan rupee ends marginally weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended marginally weaker on Tuesday as importer dollar demand surpassed selling of the gree

Published 24 Jul, 2018 12:56pm

Financial

Sri Lankan rupee firms as exporters, foreign banks sell dollar

COLOMBO: The Sri Lankan rupee ended firmer on Monday as exporters and some foreign banks sold the dollar, surpassing imp

Published 23 Jul, 2018 11:44am

Financial

Sri Lankan rupee ends steady in dull trade

COLOMBO: The Sri Lankan rupee closed steady on Thursday in mild trading as dollar demand from importers were offset

Published 19 Jul, 2018 11:43am

Financial

Sri Lankan rupee ends tad weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee edged down on Wednesday to levels close to its record low, pressured by dollar demand

Published 18 Jul, 2018 11:50am

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee closed weaker on Tuesday as dollar demand from importers exceeded greenback selling by

Published 17 Jul, 2018 12:31pm

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee closed weaker on Monday as dollar demand from importers exceeding greenback selling by

Published 16 Jul, 2018 12:06pm

Financial

Sri Lanka rupee closes slightly weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee closed marginally weaker on Thursday in dull trade, as importer dollar demand surpasse

Published 12 Jul, 2018 01:59pm

Financial

China's yuan weakens on trade war fears, stocks rebound

SHANGHAI: China's yuan fell against the dollar on Thursday, knocked lower by the worsening Sino-U.S. trade dispute a

Published 12 Jul, 2018 01:51pm

Financial

Sri Lanka rupee closes steady in dull trade

COLOMBO: The Sri Lankan rupee closed steady on Wednesday in dull trade, as importer dollar demand offset selling of

Published 11 Jul, 2018 02:43pm

Financial

Sri Lanka rupee ends steady after 6 sessions of decline

COLOMBO: The Sri Lankan rupee closed steady on Tuesday after six straight sessions of decline, as importer dollar de

Published 10 Jul, 2018 03:33pm

Financial

Sri Lanka rupee falls for 5th session; more weakness expected

COLOMBO: The Sri Lankan rupee fell for a fifth straight session on Friday on importer dollar demand and dealers said

Published 06 Jul, 2018 02:16pm

Financial

Sri Lankan rupee ends slightly weaker in dull trade

COLOMBO: The Sri Lankan rupee edged lower for a third straight session on Wednesday in dull trade, as importer dolla

Published 04 Jul, 2018 03:25pm

Financial

India's rupee still over-valued by 5-7pc

NEW DELHI: India's rupee is currently over-valued by 5-7 percent, a senior government adviser said on Tuesday, indic

Published 03 Jul, 2018 11:58am

Financial

Sri Lankan rupee edges lower on thin importer dollar demand

COLOMBO: The Sri Lankan rupee closed slightly weaker on Monday in dull trade as thin dollar demand from importers an

Published 02 Jul, 2018 02:06pm

Financial

China's yuan slides to 10-month low vs dollar in offshore market

LONDON: China's yuan fell to its lowest level against the U.S. dollar since mid-August on Monday, as investors becom

Published 02 Jul, 2018 01:53pm

Financial

Sri Lankan rupee eases on dollar demand from banks, importers

COLOMBO: The Sri Lankan rupee closed marginally weaker on Thursday as dollar demand from importers and banks in late

Published 28 Jun, 2018 01:22pm

Financial

Indian rupee recovers from record lows after RBI intervention

MUMBAI: The Indian rupee recovered from record lows set on Thursday morning aided by dollar selling intervention by

Published 28 Jun, 2018 12:56pm

Financial

China fixes yuan mid-point at lowest in 6 months

SHANGHAI: China's central bank lowered its yuan midpoint for the sixth straight trading day on Wednesday, to the weakest

Published 27 Jun, 2018 10:08pm

Financial

Indian rupee at weakest in over 18 months on high oil prices

MUMBAI: India's rupee slipped to its weakest in more than 18 months on Wednesday, hit by higher oil prices and trade

Published 27 Jun, 2018 11:42am

Financial

Yuan ends onshore trading at over 6-mth low

SHANGHAI: China's yuan closed at an over six-month low in onshore trade on Tuesday due to growing concerns over an e

Published 26 Jun, 2018 12:26pm

Financial

Sri Lankan rupee closes slightly weaker; state bank dollar sales cap fall

COLOMBO: The Sri Lankan rupee closed slightly weaker on Monday in dull trade, while dollar selling by a state bank l

Published 25 Jun, 2018 05:07pm

Financial

Sri Lankan rupee extends recovery as exporters sell dollar

COLOMBO: The Sri Lankan rupee ended firmer on Friday, further pulling away from a record-low, as exporters sold the

Published 22 Jun, 2018 01:15pm

Financial

Sri Lankan rupee down on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday in dull trade, near a record low hit in the previous session, as i

Published 19 Jun, 2018 04:00pm

Financial

Sri Lankan rupee ends weaker in dull trade

COLOMBO: The Sri Lankan rupee closed slightly lower in thin trade on Wednesday, hovering near an all-time low hit earlie

Published 13 Jun, 2018 01:03pm

Financial

Sri Lankan rupee hits record low; lack of exporter dollar sales weigh

COLOMBO: The Sri Lankan rupee hit a record low on Monday, as importer dollar demand outpaced greenback sales by exporter

Published 11 Jun, 2018 04:36pm

Financial

Sri Lankan rupee hits all-time low, exporters see further decline

COLOMBO: The Sri Lankan rupee hit a fresh record low of 158.90 per dollar on Thursday, as importer dollar demand offset

Published 07 Jun, 2018 04:01pm

Financial

Sri Lankan rupee hits fresh low on importer dollar demand

COLOMBO: The Sri Lankan rupee touched the lowest level since last week on Wednesday, as importer dollar demand surpassed

Published 06 Jun, 2018 03:37pm

Financial

Indonesia raises 11.7 trillion rupiah in bond auction

JAKARTA: Indonesia raised 11.7 trillion rupiah ($843.12 million) in a bond auction on Tuesday, above its indicative targ

Published 05 Jun, 2018 02:59pm

Financial

Sri Lankan rupee ends steady in dull trade

COLOMBO: The Sri Lankan rupee ended steady in dull trade on Monday after it hit a record low in the previous session, as

Published 04 Jun, 2018 12:48pm

Financial

Sri Lankan rupee falls on importer dollar demand after holidays

COLOMBO: The Sri Lankan rupee fell on Wednesday due to importer dollar demand following a holiday in the United States o

Published 30 May, 2018 01:22pm

Financial

Most Asian currencies gain as dollar pulls back on Fed minutes, tariff threats

SINGAPORE: Most emerging Asian currencies strengthened on Thursday as the dollar weakened following seemingly dovish min

Published 24 May, 2018 01:26pm

Financial

Dollar edges up ahead of Fed minutes; Turkish lira tumbles

SINGAPORE: The dollar edged higher versus a basket of currencies on Wednesday, with investors awaiting the minutes of th

Published 23 May, 2018 02:54pm

Financial

Australian dollar at 1-mth high, kiwi snaps losing streak

SYDNEY/WELLINGTON: The Australian dollar rose to a one-month top on Tuesday, boosted by surging prices for oil and on co

Published 22 May, 2018 03:15pm

Financial

Sri Lankan rupee slips on importer dollar demand; heavy rains weigh

COLOMBO: The Sri Lankan rupee ended marginally weaker on Tuesday with dollar demand from importers surpassing mild selli

Published 22 May, 2018 01:29pm

Financial

Dollar falls from 5-month highs, this week's focus on Fed minutes

SINGAPORE: The dollar traded below a five-month high against a basket of currencies on Tuesday, catching its breath afte

Published 22 May, 2018 10:41am

Financial

Yuan ends onshore trading session at 4-mth low on broad dollar strength

SHANGHAI: China's yuan fell to a nearly four-month low against the US dollar at the official close of domestic trading o

Published 21 May, 2018 03:01pm

Financial

Sri Lankan rupee slips on importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker in dull trade on Monday due to dollar demand from importers, while s

Published 21 May, 2018 12:27pm

Financial

Dollar inches higher, supported by US bond yields

SINGAPORE: The dollar inched higher against a basket of currencies on Tuesday, having pulled up from its lowest leve

Published 15 May, 2018 01:31am

Financial

Sri Lankan rupee ends tad firmer; remains under pressure to depreciate

COLOMBO: The Sri Lankan rupee ended slightly firmer on Friday after the central bank sold dollars to support the domesti

Published 11 May, 2018 03:13pm

Financial

Australia, NZ dollars flattened by US steamroller, budget overlooked

SYDNEY: The Australian dollar hit an 11-month low on Tuesday as a rally in its US counterpart completely overshadowed an

Published 08 May, 2018 02:36pm

Financial

Indonesian market sell-off deepens, rupiah at lowest since Dec 2015

JAKARTA: Lingering concerns over rising global yields, higher oil prices and slowing growth at home drove the Indonesian

Published 08 May, 2018 02:20pm

Financial

Sri Lankan rupee little changed; central bank sells dollars to select banks

COLOMBO: The Sri Lankan rupee closed little changed on Tuesday with the central bank selling dollars at 157.65 to 157.45

Published 08 May, 2018 01:05pm

Financial

Yuan falls as Sino-US trade talks offer little cheer, set for 3rd weekly loss

SHANGHAI: China's yuan reversed earlier gains and ended lower against the US dollar at the domestic close on Friday, aft

Published 04 May, 2018 01:25pm

Financial

China signs 15bn yuan currency swap agreement with Nigeria

BEIJING: China's central bank said on Thursday it has signed a three-year bilateral currency swap agreement with Nigeria

Published 03 May, 2018 03:19pm

Financial

Sri Lankan rupee holds steady near record low

COLOMBO: The Sri Lankan rupee ended steady on Thursday, holding near the record low hit in the previous session, as impo

Published 03 May, 2018 02:20pm

Financial

Dollar near 4-month highs, recovers from post-Fed dip

SINGAPORE: The dollar traded near a four-month high against a basket of currencies on Thursday, having recovered fro

Published 03 May, 2018 01:31am

Financial

Dollar holds gains as Fed looms, Asia markets mostly drop

HONG KONG: The dollar on Wednesday maintained most of its recent gains ahead of a key Federal Reserve policy announcemen

Published 02 May, 2018 02:03pm

Financial

Sri Lankan rupee hits all-time low; central bank intervenes

COLOMBO: The Sri Lankan rupee hit a fresh low on Wednesday on importer demand for the US currency, dealers said, but rec

Published 02 May, 2018 01:20pm

Financial

Sri Lankan rupee hits all-time closing low

COLOMBO: The Sri Lankan rupee hit a record closing low on Friday, weakening for five out of six sessions, as dollar dema

Published 27 Apr, 2018 06:25pm

Financial

Asia equities mostly down on tech selling but dollar rises

Hong Kong: Further weakness in the technology sector dragged on Asian equities Thursday while the dollar extended recent

Published 26 Apr, 2018 09:32am

Financial

Sri Lankan rupee hits record low on importer dollar demand

COLOMBO: The Sri Lankan rupee hit an all-time low on Tuesday, as dollar demand from importers outpaced selling of the US

Published 24 Apr, 2018 01:46pm

Financial

China's forex regulator widens quotas of two outbound investment schemes

BEIJING: China's forex regulator said on Tuesday it widened the quotas of two outbound investment schemes in Shanghai an

Published 24 Apr, 2018 01:42pm

Financial

Dollar rises in Asia with Treasury yields, Japan exporters rally

Hong Kong: The dollar extended gains against its main peers and most other currencies Tuesday as rising US bond yields f

Published 24 Apr, 2018 11:31am

Financial

Sri Lankan rupee slips to record low on importer dollar demand

COLOMBO: The Sri Lankan rupee slipped to an all-time low on Monday, with dollar demand from importers outpacing limited

Published 23 Apr, 2018 01:44pm

Financial

Asia FX slip as mood dims on sell-off in techs, S. Korean won leads losses

SINGAPORE: Emerging Asian currencies slipped on Friday as a downturn in equity markets, largely driven by a sell-off in

Published 20 Apr, 2018 01:48pm

Financial

Sri Lankan rupee ends down on mild importer dollar demand

COLOMBO: The Sri Lankan rupee closed weaker in a holiday-shortened trading session on Friday, weighed down by mild impor

Published 20 Apr, 2018 12:05pm

Financial

Sri Lankan rupee ends higher on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended higher on Thursday, a day after the local currency hit a record low, as greenback sa

Published 19 Apr, 2018 02:14pm

Financial

Sri Lankan rupee edges up after hitting record low

COLOMBO: The Sri Lankan rupee inched up after touching a record low on Wednesday, with dollar demand from importers offs

Published 18 Apr, 2018 04:04pm

Financial

South African rand slightly stronger on hopes Syria attack a one-off

JOHANNESBURG: South Africa's rand was slightly stronger early on Monday as global investors hoped that US-led strikes on

Published 16 Apr, 2018 02:42pm

Financial

China's yuan eases slightly, focus shifts to Q1 GDP

SHANGHAI: The Chinese yuan eased slightly against the dollar on Monday, as the market assessed the impact of military st

Published 16 Apr, 2018 02:17pm

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee edged down on Thursday on importer dollar demand in light trading ahead of a long weekend

Published 12 Apr, 2018 03:25pm

Financial

Sri Lankan rupee ends weaker on importer dlr demand

COLOMBO: The Sri Lankan rupee ended marginally weaker on Monday on dollar demand for oil and vehicle imports, but the lo

Published 09 Apr, 2018 03:58pm

Financial

Yuan eases on report China studying depreciation as tool in US trade row

SHANGHAI: The yuan gave up early gains and weakened against the US dollar on Monday after Bloomberg News reported China

Published 09 Apr, 2018 11:45am

Financial

Iran's rial hits new record-low on Trump fears

TEHRAN: Iran's currency fell more than six percent against the dollar on Sunday, hitting another record-low, as fears of

Published 08 Apr, 2018 02:52pm

Financial

Most Asian currencies falter as new US tariff threats heighten risk aversion

SINGAPORE: Most Asian currencies were weaker on Friday as US President Donald Trump's latest salvo in his trade standoff

Published 06 Apr, 2018 02:45pm

Financial

Australian, NZ dollars seen resilient despite trade war fears

SYDNEY: The Australian and New Zealand dollars are likely to stay resilient this year, a Reuters poll showed, even as fe

Published 06 Apr, 2018 02:41pm

Financial

Dollar slips versus yen amid fresh US trade threats

SINGAPORE: The dollar faltered on Friday after US President Donald Trump threatened $100 billion in additional tariffs o

Published 06 Apr, 2018 01:05pm

Financial

Dollar inches up vs yen on hopes trade war can be averted, US job data awaited

TOKYO: The dollar inched up against the yen on Thursday as stocks bounced back from a sell-off triggered by an escalatin

Published 05 Apr, 2018 01:44pm

Financial

Most Asian currencies firm slightly as trade war fears recede

SINGAPORE: Most emerging Asian currencies inched up slightly on Thursday on hopes that a full-blown trade war between th

Published 05 Apr, 2018 01:37pm

Financial

Australia, NZ dollars ease on well-bid greenback

SYDNEY/WELLINGTON: The Australian and New Zealand dollars edged lower on Thursday as the greenback was generally well-bi

Published 05 Apr, 2018 01:30pm

Financial

Sri Lankan rupee slips after 5-session winning run

COLOMBO: The Sri Lankan rupee closed weaker on Tuesday, snapping a five-session winning streak, as a bank bought dollars

Published 03 Apr, 2018 01:11pm

Financial

Dollar steady vs yen, traders wary over global trade tensions

SINGAPORE: The dollar held steady against the yen on Monday, taking a breather after last week's rally and as it treads

Published 02 Apr, 2018 12:24pm

Financial

Most emerging Asian currencies slip on a steady dollar

SINGAPORE: Most emerging Asian currencies inched lower on Monday against a dollar that held steady with traders cautious

Published 02 Apr, 2018 12:12pm

Financial

China's yuan eases on corporate dollar demand, despite firmer fixing

SHANGHAI: China's yuan on Monday eased further from its August 2015 high against the US dollar struck last week, dampene

Published 02 Apr, 2018 12:10pm

Financial

China's yuan to post biggest quarterly rise against dollar in a decade

SHANGHAI: China's yuan firmed against the dollar on Friday and is set to post its biggest quarterly gain in a decade, as

Published 30 Mar, 2018 11:54am

Financial

Dollar holds steady after rally, catches breath ahead of new quarter

TOKYO: The dollar held steady against its peers on Friday as the recovery seen earlier this week petered out ahead of th

Published 30 Mar, 2018 11:20am

Financial

Asian FX rally pauses as quarter-end flows support dollar, easing tensions help won

SINGAPORE: Asian currencies were mostly restrained on Thursday as quarter-end flows supported the greenback and parts of

Published 29 Mar, 2018 01:50pm

Financial

Yuan holds gains, capped by bargain hunting for cheaper dollars

SHANGHAI: China's yuan held gains against the US dollar at the domestic close on Tuesday, following a roller-coaster run

Published 27 Mar, 2018 02:29pm

Financial

Sri Lankan rupee firms on exporter dollar sales

COLOMBO: The Sri Lankan rupee closed slightly stronger on Tuesday as exporter dollar sales and inward remittances surpas

Published 27 Mar, 2018 12:07pm

Financial

Sri Lankan rupee closes firmer on exporter dollar sales

COLOMBO: The Sri Lankan rupee closed slightly firmer in dull trade on Monday as exporter dollar sales and inward remitta

Published 26 Mar, 2018 12:46pm

Financial

EM ASIA FX-Asian currencies firm after US exempts S. Korea from steel tariffs

SINGAPORE: Most emerging Asian currencies edged higher on Monday as trade tensions faded slightly after South Korea was

Published 26 Mar, 2018 12:22pm

Financial

China's yuan eases as companies lift their stocks of dollars

SHANGHAI: China's yuan eased against the US dollar on Monday as companies stocked up on the greenback, which was weakene

Published 26 Mar, 2018 11:39am

Financial

Australia, NZ dlrs bounce off lows as traders cling to positive trade news

SYDNEY: The Australian and New Zealand dollars bounced on Monday as investors saw some light at the end of the tunnel af

Published 26 Mar, 2018 11:29am

Financial

Dollar hits 16-mth lows vs yen as trade, political woes take their toll

TOKYO: The dollar slipped to a 16-month low against the Japanese yen on Monday, pressured by lingering fears of a global

Published 26 Mar, 2018 11:07am

Financial

Sri Lankan rupee closes steady as remittances offset dollar demand

COLOMBO: The Sri Lankan rupee closed steady on Friday as exporter dollar sales and inward remittances offset demand for

Published 23 Mar, 2018 12:27pm

Financial

China's yuan inches up, market awaits Fed decision, watching PBOC moves

SHANGHAI: China's yuan inched up marginally against the US dollar on Wednesday, with market participants largely sidelin

Published 21 Mar, 2018 11:04am

Financial

EM ASIA FX-Asian currencies subdued against stronger dollar; yuan edges up

SINGAPORE: Asian currencies moved in a tight range against a firmer dollar on Wednesday ahead of a slew of economic indi

Published 21 Mar, 2018 11:00am

Financial

Sri Lankan rupee hits record low on importer dollar demand

COLOMBO: The Sri Lankan rupee touched an all-time low on Monday on dollar demand from importers, but selling of the US g

Published 19 Mar, 2018 03:10pm

Financial

China's yuan eases, market unfazed by new PBOC governor appointment

SHANGHAI: China's yuan inched lower against the US dollar in thin trade on Monday, reacting to some slight strength in t

Published 19 Mar, 2018 12:26pm

Financial

EM ASIA FX-Asia currencies subdued ahead of Fed meet; Taiwan dollar edges up

SINGAPORE: Most Asian currencies softened versus the dollar on Monday, marking a slow start to a potentially tense week

Published 19 Mar, 2018 12:21pm

Financial

Dollar firmer as market eyes Fed meeting; yen edges higher

TOKYO/SINGAPORE: The dollar inched higher against a basket of major peers on Monday as traders braced for new Federal Re

Published 19 Mar, 2018 12:06pm

Financial

Sri Lankan rupee hits new low on importer dollar demand

COLOMBO: The Sri Lankan rupee hit an all-time low for a second straight session on Friday due to importer dollar demand,

Published 16 Mar, 2018 11:58am

Financial

Sri Lankan rupee hits fresh low on importer dollar demand

COLOMBO: The Sri Lankan rupee hit a new low of 156.10 per dollar on Wednesday as importer dollar demand outweighed mild

Published 15 Mar, 2018 01:28pm

Financial

Australian dollar at 2-week top after solid data, kiwi firm

SYDNEY/WELLINGTON: The Australian dollar climbed to a two-week high on Tuesday on greater optimism about the country's e

Published 13 Mar, 2018 11:24am

Financial

Yen clings to gains as scandal clouds Abe's outlook

TOKYO/SINGAPORE: The yen held firm against the dollar on Tuesday as a political scandal engulfing Japanese Prime Ministe

Published 13 Mar, 2018 11:08am

Financial

Yuan edges up on firmer fixing, US inflation data awaited

SHANGHAI: China's yuan edged up against the US dollar on Tuesday after the central bank set a much stronger midpoint, bu

Published 13 Mar, 2018 10:52am

Financial

EM ASIA FX-Asian currencies subdued on caution ahead of US inflation data

SINGAPORE: Most Asian currencies traded in a tight range ahead of crucial inflation data from the United States due late

Published 13 Mar, 2018 10:46am

Financial

Sri Lankan rupee edges down on importer dollar demand

COLOMBO: The Sri Lankan rupee slipped on Monday as importer dollar buying surpassed mild selling of the greenback by exp

Published 12 Mar, 2018 02:28pm

Financial

Chinese yuan ready for greater global role

ISLAMABAD: As China plans to further open up its market and promote free global trade and investment, the yuan is expect

Published 12 Mar, 2018 11:35am

Financial

Sri Lankan rupee ends weaker on importer dlr demand; communal violence weighs

COLOMBO: The Sri Lankan rupee ended marginally weaker on Tuesday as importer dollar demand outpaced greenback selling by

Published 06 Mar, 2018 01:34pm

Financial

China's yuan inches up, gains capped by dollar demand

SHANGHAI: China's yuan edged up against the US dollar on Tuesday, supported by a slightly firmer official midpoint, but

Published 06 Mar, 2018 12:53pm

Financial

Sterling climbs on transition deal hopes

LONDON: Sterling hit a five-day high against the dollar on Monday and also climbed against the euro, after Bloomberg

Published 05 Mar, 2018 10:51pm

Financial

Sri Lankan rupee ends lower on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Friday as dollar demand from importers and banks outpaced inward remittanc

Published 02 Mar, 2018 12:58pm

Financial

EM ASIA FX-Most emerging Asian currencies edge up as dollar slips

SINGAPORE: Most emerging currencies edged higher on Friday as the dollar pulled sharply back from six-week highs after U

Published 02 Mar, 2018 12:12pm

Financial

Dollar falls vs yen, JGBs slip after BOJ's Kuroda comments on policy exit

TOKYO: The dollar fell against the yen and Japanese government bond prices slipped on Friday on comments from Bank of Ja

Published 02 Mar, 2018 12:03pm

Financial

Indonesian rupiah is undervalued, 13,200-13,300 more suitable level

JAKARTA: An Indonesian central bank official on Friday said the level of 13,200 - 13,300 would be a more "suitable" leve

Published 02 Mar, 2018 11:42am

Financial

Yen stands tall as trade war concerns grip markets

LONDON: The Japanese yen jumped half a percent against the dollar and is set to score significant gains against the euro

Published 02 Mar, 2018 11:17am

Financial

Indonesia 'enters' forex market to support the rupiah

JAKARTA: Bank Indonesia "entered" the foreign-exchange market on Thursday, when the rupiah hit its lowest level in two y

Published 01 Mar, 2018 10:10am

Financial

Sri Lankan rupee ends lower on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Wednesday as dollar demand by importers and banks outpaced selling of the

Published 28 Feb, 2018 11:36am

Financial

Sri Lankan rupee ends steady; dollar conversions by exporters offset importer demand

COLOMBO: The Sri Lankan rupee ended steady on Tuesday as dollar selling by exporters and banks offset importer demand fo

Published 27 Feb, 2018 02:13pm

Financial

EM ASIA FX-Most Asian currencies weaken as rising yields boost dollar

SINGAPORE: Most Asian currencies edged lower on Wednesday as the dollar was bolstered by rising US Treasury yields and o

Published 21 Feb, 2018 01:08pm

Financial

Indonesia sells 8.475tn rupiah of Islamic bonds, above target

JAKARTA: Indonesia's finance ministry sold 8.475 trillion rupiah ($622.93 million) of Islamic bonds at an auction on Tue

Published 20 Feb, 2018 01:38pm

Financial

Sri Lankan rupee falls on importer dollar demand

COLOMBO: The Sri Lankan rupee edged down on Monday on importer dollar demand, while political uncertainty continued to w

Published 19 Feb, 2018 03:30pm

Financial

Sri Lankan rupee recovers as political uncertainty shows signs of easing

COLOMBO: The Sri Lankan rupee ended firmer on Thursday, a day after hitting a record low, as exporters and banks sold do

Published 15 Feb, 2018 01:46pm

Financial

Sri Lankan rupee hits record low on foreign bond sales after poll results

COLOMBO: The Sri Lankan rupee ended down on Monday after hitting a record low during the day as foreign investors sold g

Published 12 Feb, 2018 03:17pm

Financial

Yen firmer but below 5-month peak vs dollar; eyes on global equities

SINGAPORE: The yen edged higher versus the dollar on Monday, but traded below a five-month high as a bounce in US equiti

Published 12 Feb, 2018 06:12am

Financial

Australia, NZ dollars pop up, investors nervous as US inflation data looms

SYDNEY/WELLINGTON: The Australian and New Zealand dollars popped higher on Monday as a rebound in equity markets restore

Published 12 Feb, 2018 05:56am

Financial

China's yuan eases, dollar demand up ahead of holiday

SHANGHAI: China's yuan inched lower against the US dollar on Monday due to rising seasonal demand for the greenback and

Published 12 Feb, 2018 05:28am

Financial

Sri Lankan rupee firms on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer for a third straight session on Friday, pulling further away from a record cl

Published 09 Feb, 2018 02:14pm

Financial

Australian, NZ dollar seen defying volatility in the year ahead

SYDNEY: Analysts have lifted their forecasts for the Australian and New Zealand dollars, although the antipodean currenc

Published 09 Feb, 2018 01:38pm

Financial

Sri Lankan rupee ends firmer on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer for a second straight session on Thursday, further recovering from a record c

Published 08 Feb, 2018 02:05pm

Financial

Sri Lankan rupee firms in dull trade

COLOMBO: The Sri Lankan rupee slightly firmed on Wednesday from a record low close as some exporters sold dollars, deale

Published 07 Feb, 2018 01:24pm

Financial

China Jan FX reserves rise for 12th month to $3.161 trln

BEIJING: China's foreign exchange reserves rose for a 12th straight month in January as further gains in the yuan curren

Published 07 Feb, 2018 12:28pm

Financial

Sri Lankan rupee hits fresh low on importer dollar demand

COLOMBO: The Sri Lankan rupee hit a record low for a third successive session on Tuesday hurt by dollar demand from bank

Published 06 Feb, 2018 12:47pm

Financial

China's yuan steady even as emerging market currencies lose steam

SHANGHAI: China's yuan held steady against the US dollar on Tuesday, supported by corporate dollar sales as emerging cu

Published 06 Feb, 2018 05:44am

Financial

Sri Lankan rupee hits record low for second day on importer dollar demand

COLOMBO: The Sri Lankan rupee hit a record low for a second day running on Friday due to dollar demand from banks and im

Published 02 Feb, 2018 02:09pm

Financial

China's yuan hits its highest since 2015 devaluation, set for 8th winning week

SHANGHAI: China's yuan strengthened to a fresh 2-1/2-year high against the US dollar on Friday thanks to extended weakn

Published 02 Feb, 2018 06:24am

Financial

Sri Lankan rupee closes weaker as banks, importers buy dollar

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday as demand for dollars from banks and importers surpassed selling o

Published 30 Jan, 2018 01:27pm

Financial

Sri Lankan rupee closes marginally weaker as banks, importers buy dollars

COLOMBO: The Sri Lankan rupee ended slightly weaker on Monday in dull trade as banks and importers bought dollars, deale

Published 29 Jan, 2018 01:10pm

Financial

Yuan edges up on strong midpoint fixing, set for best month since 1994

SHANGHAI: China's yuan edged up slightly against the US dollar on Monday, following a much stronger midpoint fixing by

Published 29 Jan, 2018 06:50am

Financial

China's yuan inches up after Trump comments, set for best week since Sept 2017

SHANGHAI: China's yuan advanced further against the dollar on Friday, but at a much slower pace as the greenback made a

Published 26 Jan, 2018 06:00am

Financial

Sri Lankan rupee firmer on bank, exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Thursday, further moving away from a record low hit earlier this week, as

Published 25 Jan, 2018 04:25pm

Financial

Yuan rises to highest since Nov 2015 after Mnuchin's remarks

SHANGHAI: China's yuan extended its rally against the US dollar on Thursday to its strongest since November 2015, under

Published 25 Jan, 2018 05:32am

Financial

Sri Lankan rupee recovers from record low on bank, exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Wednesday, recovering from a record low hit in the previous session, as ba

Published 24 Jan, 2018 05:23pm

Financial

Sri Lanka rupee hits record low on importer dollar demand

COLOMBO: The Sri Lankan rupee hit a record low on Tuesday as banks and importers bought dollars, before recovering to cl

Published 23 Jan, 2018 03:06pm

Financial

Sri Lanka rupee slips on importer dollar demand

COLOMBO: The Sri Lankan rupee closed slightly weaker on Monday as dollar demand from importers and banks surpassed mild

Published 22 Jan, 2018 02:58pm

Financial

Euro takes breather below 3-year high; dollar gets respite

SINGAPORE: The euro nursed losses on Thursday, having retreated from a three-year high after comments from European Cent

Published 18 Jan, 2018 07:42am

Financial

China's yuan slips, midpoint eases after five days of gains

SHANGHAI: China's yuan eased against the dollar on Thursday, after the central bank set lower guidance for the first

Published 18 Jan, 2018 05:14am

Financial

Euro takes breather below 3-year high after ECB officials' remarks

SINGAPORE: The euro nursed losses on Thursday, having pulled back from a three-year high as concerns voiced by Europ

Published 18 Jan, 2018 05:11am

Financial

Sri Lanka rupee edges up on exporter dollar sales in late trade

COLOMBO: The Sri Lankan rupee closed slightly firmer on Wednesday as exporters sold dollars in late trade, outweighing e

Published 17 Jan, 2018 01:50pm

Financial

Sri Lankan rupee ends lower on importer dollar demand

COLOMBO: The Sri Lankan rupee closed slightly weaker on Tuesday as dollar demand from importers and banks surpassed gree

Published 16 Jan, 2018 01:37pm

Financial

China's yuan ends onshore trade at highest in over 2 years

SHANGHAI: China's yuan, which has climbed against the US dollar over the past four days, advanced to its highest level i

Published 16 Jan, 2018 12:34pm

Financial

Dollar slips to lowest vs yen since mid-September

TOKYO: The dollar slipped to its lowest levels since mid-September against the yen on Monday, following comments from Ja

Published 15 Jan, 2018 04:52pm

Financial

Yuan climbs to two-year high against weakened dollar

BEIJING: The Chinese currency rose on Monday to its strongest level in more than two years against the US dollar, after

Published 15 Jan, 2018 02:39pm

Financial

China's yuan ends onshore trade at highest in more than 2 years

SHANGHAI: China's yuan leapt to its strongest in more than two years against the dollar at the official local close on M

Published 15 Jan, 2018 01:54pm

Financial

Dollar index wallows at 3-year lows, euro buoyed by ECB taper hopes

TOKYO: The dollar languished at three-year lows against a basket of currencies on Monday, while the euro stood tall

Published 15 Jan, 2018 06:07am

Financial

China's yuan jumps to over 2-yr high in the wake of dollar weakness

SHANGHAI: China's yuan leapt to its highest level in more than two years against the US dollar on Monday, supported

Published 15 Jan, 2018 06:05am

Financial

South Korea govt sends bitcoin on rollercoaster ride

SEOUL: Bitcoin and other virtual currencies were sent on rollercoaster rides in South Korea Thursday as the governme

Published 11 Jan, 2018 02:32pm

Financial

Dollar up vs yen as concerns ease over China US bond stance

SINGAPORE: The dollar edged higher against the yen on Thursday after comments by China's foreign exchange regulator ease

Published 11 Jan, 2018 06:06am

Financial

China sets yuan midpoint to 2 week low after loosening up on fixing mechanism

SHANGHAI: China's central bank lowered its official yuan midpoint to the weakest level in nearly two weeks to 6.5207 per

Published 10 Jan, 2018 08:11pm

Financial

Sri Lankan rupee edges up on exporter dollar sales

COLOMBO: The Sri Lankan rupee closed marginally firmer on Wednesday in dull trade, as dollar conversions by exporters su

Published 10 Jan, 2018 07:09pm

Financial

China's yuan eases as central bank loosens reins on midpoint fixing

SHANGHAI: China's yuan weakened to its lowest in nearly two weeks against the US dollar on Wednesday, following chan

Published 10 Jan, 2018 05:49am

Financial

Dollar extends losses vs yen after BOJ tapering talk

TOKYO: The dollar extended losses against the yen on Wednesday after the Bank of Japan's move to trim Japanese gover

Published 10 Jan, 2018 05:36am

Financial

Sri Lankan rupee edges up on late exporter dollar sales

COLOMBO: The Sri Lankan rupee closed marginally firmer on Tuesday, offseting early losses as late dollar conversions by

Published 09 Jan, 2018 07:47pm

Financial

Yen jumps after BOJ operation, euro rally loses steam

TOKYO: The yen jumped on Tuesday after the Bank of Japan trimmed its buying of long-dated Japanese government bonds

Published 09 Jan, 2018 05:17am

Financial

Euro rally loses steam, dollar firms slightly vs yen

TOKYO: The euro languished on Tuesday after slipping from last week's high as investors were cautious after a months

Published 09 Jan, 2018 05:14am

Financial

Dollar edges up from 3-1/2-month lows; euro pauses after rally

SINGAPORE: The dollar inched higher against a basket of major peers on Monday as data showing slower U.S. jobs growt

Published 08 Jan, 2018 06:23am

Financial

China's yuan gains for 4th week on economic data, higher rates

SHANGHAI: The Chinese currency, the yuan, was firmer against the US dollar on Friday, capping its fourth consecutive wee

Published 05 Jan, 2018 03:39pm

Financial

Sri Lankan rupee ends higher on exporter dollar sales

COLOMBO: The Sri Lankan rupee closed slightly firmer on Friday due to dollar conversions by exporters, but demand for th

Published 05 Jan, 2018 02:49pm

Financial

Australia dollar weathers trade blow, NZ$ holds firm

SYDNEY: The Australian and New Zealand dollars held near multi-week highs on Friday as optimism on global growth sup

Published 05 Jan, 2018 05:49am

Financial

Sri Lankan rupee ends higher on exporter dollar sales

COLOMBO: The Sri Lankan rupee closed slightly firmer on Thursday, as conversion of the US currency by exporters surpasse

Published 04 Jan, 2018 07:03pm

Financial

China's yuan eases on weaker midpoint, dollar bounce

SHANGHAI: China's yuan eased against the US dollar on Thursday, after the central bank lowered its official midpoint

Published 04 Jan, 2018 06:49am

Financial

Dollar edges up, upbeat US data offsets turn of the year weakness

TOKYO: The dollar edged up on Thursday after upbeat US data and supportive minutes from the Federal Reserve's latest

Published 04 Jan, 2018 05:13am

Financial

China's yuan weakens after strong official fixing

SHANGHAI: China's yuan eased against the US dollar on Wednesday after the central bank set the daily midpoint at its

Published 03 Jan, 2018 06:00am

Financial

Euro takes breather after rally; dollar holds steady

SINGAPORE: The euro eased on Wednesday to take a breather from a rally prompted by optimism over the euro zone's eco

Published 03 Jan, 2018 05:54am

Financial

Sri Lankan rupee falls on importer dollar demand

COLOMBO: The Sri Lankan rupee closed lower on Tuesday, as demand for dollars from importers and banks taking positions o

Published 02 Jan, 2018 03:53pm

Financial

Dollar on defensive at start of 2018; Asian currencies shine

SINGAPORE: The dollar languished near a three-month low versus a basket of major currencies on Tuesday as markets re

Published 02 Jan, 2018 05:51am

Financial

China's yuan extends rally to near 4-month high on dollar weakness

SHANGHAI: China's yuan rose to its firmest against the US dollar in nearly four months in thin trade on Tuesday, bre

Published 02 Jan, 2018 05:13am

Financial

Bangladesh forex reserves rise to $33.2bn by Dec-end

DHAKA: Bangladesh's foreign exchange reserves rose to $33.23 billion by the end of December, $630 million more than the

Published 01 Jan, 2018 07:01pm

Financial

Bitcoin falls on S.Korea curbs on digital currency trade

SEOUL: Bitcoin fell more than 11 percent after South Korea said on Thursday it would ban anonymous trading of virtua

Published 28 Dec, 2017 07:43am

Financial

China's yuan rises on dollar weakness, on track for best year since 2008

SHANGHAI: China's yuan firmed against the US dollar on Thursday, underpinned by a stronger official midpoint and bro

Published 28 Dec, 2017 06:29am

Financial

Dollar slips to 3-1/2 week lows; commodity currencies stand tall

SINGAPORE: The dollar was on the defensive on Thursday, hampered by a recent dip in U.S. 10-year bond yields, while

Published 28 Dec, 2017 06:03am

Financial

China's yuan weakens on light trade, dragged by corporate dollar demand

SHANGHAI: China's yuan weakened against the US dollar in light trading on Wednesday, dragged lower by a softer fixin

Published 27 Dec, 2017 07:05am

Financial

Dollar steady in light trade, yen little changed after Japan economic data

TOKYO: The dollar held steady in Tuesday's holiday-thinned trade, shrugging off upbeat Japanese economic data as mar

Published 26 Dec, 2017 06:28am

Financial

China's yuan retreats from 3-1/2-month high on rising corporate dollar demand

SHANGHAI: China's yuan pulled back from 3-1/2-month highs against the dollar on Tuesday morning, as an initial boost

Published 26 Dec, 2017 05:01am

Financial

Dollar steady but its funding costs soar ahead of year-end

TOKYO: The dollar was little changed against other major currencies on Monday in holiday-thinned trading while the

Published 25 Dec, 2017 06:05am

Financial

Yuan firms after midpoint fixed at more than 3-month high, trading light

SHANGHAI: China's yuan firmed against the US dollar in light trading on Monday after the central bank set its offici

Published 25 Dec, 2017 06:04am

Financial

Bitcoin suffers fresh plunge, losing a third since start of week

TOKYO: Bitcoin prices suffered a dramatic plunge on Friday, dropping 20 percent at one point towards the $13,000-mar

Updated 22 Dec, 2017 10:01am

Financial

Euro slips after Catalan vote results tip separatist victory

TOKYO: The euro slipped on Friday after Catalonian election results indicated a victory for separatists, in a blow to Ma

Published 22 Dec, 2017 12:51am

Financial

Dollar steady near 1-week high vs yen; BOJ stands pat

SINGAPORE: The dollar traded near a one-week high against the yen on Thursday, supported by a rise in U.S. bond yiel

Updated 21 Dec, 2017 07:55am

Financial

China's yuan extends rally to 3-month high on dollar selling and firmer fixing

SHANGHAI: China's yuan extended its gains against the US dollar on Thursday and surged to its strongest level in mor

Published 21 Dec, 2017 06:15am

Financial

Sri Lankan rupee ends firmer on inward remittances, exporter dollar sales

COLOMBO: The Sri Lankan rupee closed firmer on Wednesday, as exporter dollar sales and inward remittances exceeded deman

Published 20 Dec, 2017 09:28pm

Financial

Dollar firm on tax cut hopes, euro underpinned by rise in yields

TOKYO/SINGAPORE: The dollar was supported on Wednesday by expectations of a US tax overhaul while a sharp rise in Ge

Published 20 Dec, 2017 05:55am

Financial

China's yuan up at highest level in 3 wks on stronger fixing, seasonal flows

SHANGHAI: China's yuan rose to its strongest level in three weeks against the dollar on Wednesday, supported by a fi

Published 20 Dec, 2017 05:50am

Financial

Dollar firm on tax cut hopes, euro gains on spike in bond yields

TOKYO: The dollar was supported on Wednesday by expectations of a US tax overhaul while a sharp rise in German bond yiel

Published 20 Dec, 2017 01:14am

Financial

South Korea cryptocurrency exchange shuts down after hacking

SEOUL: A South Korean exchange trading bitcoin and other virtual currencies declared itself bankrupt on Tuesday afte

Published 19 Dec, 2017 12:46pm

Financial

Singapore issues cryptocurrency warning

SINGAPORE: Singapore Tuesday issued a warning about cryptocurrencies after a recent surge in prices sent investors f

Published 19 Dec, 2017 12:23pm

Financial

Dollar steady as investors monitor tax bill's progress

TOKYO: The dollar remained mired in its recent ranges on Tuesday, as optimism that the U.S. tax reform bill would pa

Published 19 Dec, 2017 05:31am

Financial

Yuan edges up on firmer fixing and steady dollar

SHANGHAI: China's yuan inched up against the US dollar in thin trade on Tuesday, supported by a stronger fixing and

Published 19 Dec, 2017 05:18am

Financial

Dollar steady as investors monitor tax bill's progress

TOKYO: The dollar remained mired in its recent ranges on Tuesday, as optimism that the US tax reform bill would pass due

Published 19 Dec, 2017 12:45am

Financial

China sets yuan midpoint at highest in 2 weeks

SHANGHAI: China's central bank set its official yuan midpoint at the highest level in over two weeks at 6.6033 per dolla

Published 14 Dec, 2017 08:02pm

Financial

China's yuan hits 2-week high on weaker dollar after Fed rate hike

SHANGHAI: China's yuan rose to its strongest level against the US dollar in two weeks on Thursday after a widely ant

Published 14 Dec, 2017 06:25am

Financial

Dollar on defensive after Fed leaves rate outlook unchanged

SINGAPORE: The dollar remained on the defensive on Thursday, having tumbled after the Federal Reserve raised interes

Published 14 Dec, 2017 05:30am

Financial

China's yuan firms as traders pare dollar positions ahead of Fed

SHANGHAI: China's yuan firmed slightly against the dollar on Wednesday as domestic market participants trimmed green

Published 13 Dec, 2017 06:33am

Financial

Dollar dips from 4-week high after Alabama election upset

TOKYO: The dollar slipped from a four-week high against a basket of currencies on Wednesday after a Democrat won a b

Published 13 Dec, 2017 06:24am

Financial

NZ dollar near 2-week highs on appointment of ‘known entity’ Orr to head central bank

WELLINGTON: The New Zealand dollar hovered near two-week highs on Tuesday as investors welcomed the appointment of pens

Published 12 Dec, 2017 02:13am

Financial

Sri Lankan rupee ends firmer on remittances

COLOMBO: The Sri Lankan rupee closed firmer on Monday helped by year-end remittances and selling of the US currency by e

Published 11 Dec, 2017 10:25pm

Financial

China's yuan inches up, Fed's policy meeting in focus

SHANGHAI: China's yuan edged up against the dollar on Monday, reflecting a firmer midpoint in cautious trading as in

Published 11 Dec, 2017 05:46am

Financial

Dollar edges up ahead of Fed; Bitcoin futures seize the spotlight

TOKYO: The dollar was steady in early Asian trade on Monday, underpinned by expectations of higher U.S. interest rat

Published 11 Dec, 2017 05:05am

Financial

Bitcoin plunges 15pc in wild trading

SINGAPORE: Bitcoin plunged as much as 15 percent to below $14,500 on profit-taking Friday, capping a roller-coaster

Published 08 Dec, 2017 09:01am

Financial

Dollar edges up, shakes off weakness vs yen, Bitcoin tops $14,000

TOKYO: The dollar edged up against its peers on Thursday, shaking off earlier losses versus the yen, supported by si

Published 07 Dec, 2017 06:42am

Financial

China's yuan nudges higher against weaker dollar

SHANGHAI: China's yuan edged up against a weaker US dollar in thin trade on Wednesday, while volatility in the Chine

Published 06 Dec, 2017 05:45am

Financial

Dollar inches lower as US tax bill, budget progress eyed

TOKYO: The dollar edged down on Wednesday, as concerns about a possible U.S. government shutdown offset optimism abo

Published 06 Dec, 2017 05:05am

Financial

Sri Lankan rupee ends firmer on remittances

COLOMBO: The Sri Lankan rupee closed stronger on Tuesday led by selling of the dollar by exporters and year-end inflows

Published 05 Dec, 2017 07:47pm

Financial

China's yuan edges up as market monitors new trading system

SHANGHAI: China's yuan inched up against the US dollar in thin trade on Tuesday, with the market shrugging off a wea

Published 05 Dec, 2017 06:46am

Financial

Dollar stalls as next step in US tax reform awaited, Antipodeans advance

TOKYO: The dollar dipped on Tuesday, as investors waited to see how the next step of the U.S. tax reform legislation

Published 05 Dec, 2017 06:26am

Financial

Sri Lankan rupee ends steady as dollar remittances offset demand

COLOMBO: The Sri Lankan rupee closed steady on Monday as dollar inflows through inward remittances and exporter greenbac

Published 04 Dec, 2017 07:40pm

Financial

China's yuan inches up, shrugs off dollar strength

SHANGHAI: China's yuan inched up slightly against the US dollar in thin trade on Monday, as the market shrugged off

Published 04 Dec, 2017 07:08am

Financial

Dollar rises as US Senate passes tax bill, pound awaits May-Juncker meeting

TOKYO: The dollar was broadly higher on Monday, reaching a 2-1/2-week peak against the yen, lifted after the U.S. Se

Published 04 Dec, 2017 05:19am

Financial

Dollar on track for monthly loss, Brexit deal hopes lift sterling

TOKYO: The dollar was higher in Asian trading on Thursday after upbeat US economic growth data, but was on track for

Published 30 Nov, 2017 05:26am

Financial

Yuan firms on corporate dollar sales, set for 2nd month of gains

SHANGHAI: China's yuan strengthened against the US dollar on Thursday, supported by corporate dollar selling, with t

Published 30 Nov, 2017 05:14am

Financial

Dollar steady vs yen, N.Korea missile launch taken in stride

TOKYO: The dollar steadied against the yen on Wednesday, supported by strong US economic data while North Korea's la

Published 29 Nov, 2017 07:42am

Financial

Yuan eases on lower fix and higher corporate appetite for dollars

SHANGHAI: China's yuan eased against the US dollar on Tuesday, after a lower setting for the official midpoint and s

Published 28 Nov, 2017 08:19am

Financial

Dollar steady above 2-month low vs yen, US tax plan in focus

SINGAPORE: The dollar held steady versus the yen on Tuesday and held above a two-month low, with the near-term focus

Published 28 Nov, 2017 06:11am

Financial

Sri Lankan rupee ends firmer on inward remittances

COLOMBO: The Sri Lankan rupee closed marginally higher on Monday, as dollar inflows from inward remittances outpaced dem

Published 27 Nov, 2017 06:04pm

Financial

Sri Lankan rupee edges up on exporter dollar sales

COLOMBO: The Sri Lankan rupee closed marginally firmer on Thursday, as dollar conversions by exporters outpaced importer

Published 23 Nov, 2017 09:55pm

Financial

Indian rupee swings up, bonds trim losses on market talk of S&P ratings upgrade

MUMBAI: The Indian rupee rose sharply in late trade after moving in a narrow band for most of Thursday following market

Published 23 Nov, 2017 07:26pm

Financial

Dollar nurses losses as Fed policymakers worry about low inflation

SINGAPORE: The dollar touched a two-month low against the yen on Thursday, having tumbled after the minutes of the F

Published 23 Nov, 2017 05:19am

Financial

Yuan leaps to 3-week high in wake of dollar weakness and stronger fix

SHANGHAI: China's yuan jumped to its highest in three weeks against the dollar on Thursday, breaching a key threshol

Published 23 Nov, 2017 05:08am

Financial

Sri Lankan rupee edges up on dollar selling by exporters

COLOMBO: The Sri Lankan rupee closed marginally higher on Wednesday, as dollar conversions by exporters outpaced importe

Published 22 Nov, 2017 08:55pm

Financial

China's yuan firms on offshore liquidity squeeze

SHANGHAI: China's yuan firmed against the US dollar on Wednesday, boosted by tight liquidity in the offshore market

Published 22 Nov, 2017 05:24am

Financial

Palm oil lifted by external markets, but ringgit gain caps rise

KUALA LUMPUR: Malaysian palm oil futures were trading higher in mid-session Wednesday tracking overseas markets, but

Published 22 Nov, 2017 05:21am

Financial

Dollar treads water, capped by sagging long-term US yields

TOKYO: The dollar treaded water against its peers on Wednesday, capped as US Treasury yields failed to rise despite

Published 22 Nov, 2017 04:21am

Financial

Sri Lankan rupee edges down on importer dollar demand

COLOMBO: The Sri Lankan rupee closed marginally lower on Tuesday as importer dollar demand weighed on the local currency

Published 21 Nov, 2017 04:15pm

Financial

China's yuan eases on weaker fix and dollar strength

SHANGHAI: China's yuan eased slightly against the US dollar on Tuesday, following a weaker official midpoint and str

Published 21 Nov, 2017 06:07am

Financial

Sri Lankan rupee ends steady in dull trade

COLOMBO: The Sri Lankan rupee closed flat on Monday in dull trade as importer dollar demand was offset by exporter conve

Published 20 Nov, 2017 11:03pm

Financial

Euro slips as German coalition talks fail, heightens uncertainty

SINGAPORE: The euro hit a two-month low against the yen on Monday, as German Chancellor Angela Merkel's efforts to f

Published 20 Nov, 2017 05:08am

Financial

China's yuan drifts lower despite firmer midpoint

SHANGHAI: China's yuan weakened against the US dollar on Monday, dragged lower by strength in the greenback in overs

Published 20 Nov, 2017 05:07am

Financial

Yuan set for worst day in 2 weeks on corporate dollar demand

SHANGHAI: China's yuan eased on Thursday, on course for its worst day in nearly two weeks due to heavy corporate dem

Published 16 Nov, 2017 05:15am

Financial

Dollar on back foot as tax deal doubts weigh, Aussie looks to jobs data

TOKYO: The dollar was on the defensive on Thursday as doubts on the prospects of U.S. tax reforms offset an uptick i

Published 16 Nov, 2017 05:11am

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee fell on Wednesday on importer dollar demand and foreign bond sales, while expectations of

Published 15 Nov, 2017 09:09pm

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee closed slightly weaker on Tuesday due to late importer demand for the US currency as inves

Published 14 Nov, 2017 09:13pm

Financial

China's yuan barely moves as dollar steady in global markets

SHANGHAI: China's yuan barely moved from its morning midpoint fixing in light trading on Tuesday, when the dollar wa

Published 14 Nov, 2017 06:15am

Financial

Sterling steadies before Brexit debate, US yields prop up dollar

TOKYO: Sterling was flat on the day at $1.3115, nursing losses after it skidded in the previous session against a ba

Published 14 Nov, 2017 06:13am

Financial

Dollar underpinned by US yields, sterling steadies

TOKYO: The dollar got support from higher U.S. Treasury yields in early Asian trading on Tuesday, while sterling arr

Published 14 Nov, 2017 04:45am

Financial

China's yuan eases on weaker fix and seasonal corporate dollar-buying

SHANGHAI: China's yuan eased against the dollar on Monday, thanks to continuing corporate demand for the greenback a

Published 13 Nov, 2017 05:33am

Financial

Pound retreats as trouble mounts for May, dollar crawls higher

TOKYO: The pound slipped early on Monday as troubles mounted for British Prime Minister May, with a report that 40 C

Published 13 Nov, 2017 05:13am

Financial

Sri Lanka rupee down on importer dlr demand ahead of budget

COLOMBO: The Sri Lankan rupee ended weaker on Thursday due to heavy importer dollar demand and the purchase of US curren

Published 09 Nov, 2017 07:32pm

Financial

Dollar hampered by US tax plan worries; hawkish RBNZ buoys kiwi

SINGAPORE: The US dollar inched higher versus a basket of currencies on Thursday, but its near-term outlook was seen

Published 09 Nov, 2017 04:25am

Financial

Sri Lanka rupee edges up on exporter conversions; market awaits budget

COLOMBO: The Sri Lankan rupee ended a tad firmer in dull trade on Wednesday led by exporter conversions, while most mark

Published 08 Nov, 2017 07:55pm

Financial

Dollar weighed by report of possible delays to US corporate tax cut

TOKYO: The dollar slipped broadly on Wednesday, hurt by a media report that suggested the implementation of a centre

Published 08 Nov, 2017 04:15am

Financial

Sri Lanka rupee edges up on banks' dlr sales; budget in focus

COLOMBO: The Sri Lankan rupee ended firmer on Tuesday as dollar sales by foreign banks outpaced strong importer demand f

Published 07 Nov, 2017 02:12pm

Financial

Dollar sags as US yields slip, Aussie takes RBA hold in stride

TOKYO: The dollar sagged on Tuesday, knocked away from an eight-month highs versus the yen down as Treasury yields s

Published 07 Nov, 2017 04:34am

Financial

Sri Lankan rupee edges up on remittances; central bank policy review in focus

COLOMBO: The Sri Lankan rupee ended slightly firmer on Monday as dollar inflows from remittances provided support, but t

Published 06 Nov, 2017 01:30pm

Financial

Dollar rises vs yen, supported by Fed rate hike expectations

SINGAPORE: The dollar touched its highest level in nearly eight months versus the yen on Monday, supported by expect

Published 06 Nov, 2017 04:58am

Financial

Sri Lankan rupee edges up on remittances ahead of long weekend

COLOMBO: The Sri Lankan rupee ended slightly firmer on Thursday, snapping a three-session losing streak, as inflows from

Published 02 Nov, 2017 07:21pm

Financial

Yuan climbs past key 6.6/dollar after strong fixing

SHANGHAI: China's yuan jumped to its strongest against the US dollar in more than two weeks on Thursday morning, bre

Published 02 Nov, 2017 06:25am

Financial

Dollar dips ahead of US tax bill, pound prepares for rate decision

TOKYO: The dollar pulled back from a 3-1/2-month high versus the yen and also fell back against the euro on Thursday

Published 02 Nov, 2017 05:38am

Financial

Sri Lankan rupee edges down for 3rd straight session

COLOMBO: The Sri Lankan rupee ended slightly weaker for a third straight session on Wednesday on importer dollar buying,

Published 01 Nov, 2017 07:10pm

Financial

China's yuan firms on corporate dollar sales, set for winning month

SHANGHAI: China's yuan strengthened against the US dollar, supported by rising corporate dollar sales and a firmer o

Published 31 Oct, 2017 04:46am

Financial

Dollar steadies after hitting 1-week low vs yen; BOJ stands pat

SINGAPORE: The dollar touched a one-week low versus the yen on Tuesday as investors turned cautious following news t

Published 31 Oct, 2017 04:39am

Financial

Sri Lankan rupee edges down on importer dollar demand

COLOMBO: The Sri Lankan rupee closed slightly weaker on Monday in dull trade as importer dollar buying outpaced mild exp

Published 30 Oct, 2017 07:08pm

Financial

China's yuan inches up, supported by corporate dollar selling

SHANGHAI: China's yuan inched up against the US dollar on Monday on slightly heavier corporate dollar selling and in

Published 30 Oct, 2017 05:27am

Financial

Dollar edges away from highs, Spain crisis pressures euro

TOKYO: The dollar edged away from last week's three-month highs on Monday, while the euro nursed losses after the Eu

Published 30 Oct, 2017 05:15am

Financial

S.Korean won at 8-week high as strong GDP fuels rake hike talk

SEOUL: The South Korean won rose to an eight-week high on Thursday as traders bet that the central bank will raise inter

Published 26 Oct, 2017 06:03pm

Financial

China's yuan inches up on firmer daily fixing, weaker dollar

SHANGHAI: China's yuan inched higher against the US dollar on Thursday, in line with a strengthening official midpoi

Published 26 Oct, 2017 06:06am

Financial

Euro firms before ECB decision; dollar slips versus yen

SINGAPORE: The euro inched higher on Thursday as investors awaited details of the European Central Bank's plans for

Published 26 Oct, 2017 04:54am

Financial

China's yuan weakens on broad dollar strength, Fed leadership in focus

SHANGHAI: China's yuan weakened against the dollar on Wednesday, in line with a much softer fixing, following a rise

Published 25 Oct, 2017 07:40am

Financial

Dollar clings near 3-month high vs yen, focus on Fed leadership

SINGAPORE: The dollar held near a three-month high versus the yen on Wednesday, underpinned by reports of Republican

Published 25 Oct, 2017 06:01am

Financial

China's yuan strengthens as Fed chief speculation weighs on dollar

SHANGHAI: China's yuan strengthened against the US dollar on Tuesday, shrugging off the central bank's weaker fixing

Published 24 Oct, 2017 05:39am

Financial

Dollar inches lower as attention turns to Fed leadership

TOKYO: The dollar edged down on Tuesday, stepping back from recent highs as market attention turns to who will be th

Published 24 Oct, 2017 05:38am

Financial

Dollar climbs to 3-month high against yen on Abe election win

TOKYO: The dollar touched a three-month high against the yen on Monday, with an emphatic election victory for Japan'

Published 23 Oct, 2017 05:36am

Financial

Dollar rises on hopes for tax reforms; kiwi extends losses

SINGAPORE: The dollar rose broadly on Friday, bolstered by increased optimism about the prospects for US tax reforms

Published 20 Oct, 2017 06:00am

Financial

China's yuan eases on a rising dollar, set for weekly loss

SHANGHAI: China's yuan eased on Friday morning and looked set for a weekly loss, dragged lower by a rise in the doll

Published 20 Oct, 2017 05:54am

Financial

Sri Lankan rupee ends down on importer dollar demand

COLOMBO: The Sri Lankan rupee ended marginally lower on Thursday as importer dollar demand surpassed mild selling of the

Published 19 Oct, 2017 07:55pm

Financial

Dollar sets 2-week high vs yen, supported by rise in US yields

SINGAPORE: The dollar hit its highest in about two weeks versus the yen on Thursday, supported by this week's rise i

Published 19 Oct, 2017 05:42am

Financial

Yuan firms as China's congress begins, market ignores weaker fixing

SHANGHAI: China's yuan firmed against the US dollar on Wednesday, with markets awaiting policy initiatives from the

Published 18 Oct, 2017 07:40am

Financial

Dollar holds upper hand as market ponders possible Fed choice

TOKYO: The dollar held an upper hand against other major currencies on Wednesday as investors weigh the possibility

Published 18 Oct, 2017 05:38am

Financial

Dollar edges up as Fed leadership speculation sends up US yields

TOKYO: The dollar edged up against its peers on Tuesday, supported by a rise in Treasury yields following a report t

Published 17 Oct, 2017 07:11am

Financial

Sri Lankan rupee ends firmer on exporter dollar sales

COLOMBO: The Sri Lankan rupee gained for a second straight session on Monday as exporter dollar sales surpassed greenbac

Published 16 Oct, 2017 04:35pm

Financial

China's yuan inches up slightly as investors eye leadership meeting

SHANGHAI: China's yuan inched up marginally against the US dollar on Monday, guided by a slightly stronger central b

Published 16 Oct, 2017 06:17am

Financial

Euro on defensive on political worries, tame inflation dents dollar

TOKYO: The euro was on the defensive early on Monday after Austria's election and on concerns over Catalonia's confr

Published 16 Oct, 2017 05:43am

Financial

Sri Lankan rupee ends slightly firmer on inward remittances

COLOMBO: The Sri Lankan rupee snapped a four-session decline to end slightly firmer on Friday, as dollar inflows due to

Published 13 Oct, 2017 02:09pm

Financial

Sri Lankan rupee ends down on dollar demand from oil importers

COLOMBO: The Sri Lankan rupee ended weaker on Wednesday as banks bought dollars on behalf of state-run Ceylon Petroleum

Published 11 Oct, 2017 04:46pm

Financial

China's yuan eases as corporate dollar demand offsets stronger fix

SHANGHAI: China's yuan eased slightly against the US dollar at midday on Wednesday, as corporate demand for the gree

Published 11 Oct, 2017 05:57am

Financial

Dollar wavers on UStax overhaul worries, euro hits 12-day high

TOKYO: The dollar wobbled against its peers on Wednesday, edging further away from a 10-week high scaled recently a

Published 11 Oct, 2017 04:48am

Financial

Sri Lankan rupee ends lower on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday on importer dollar demand amid low supply of the greenback from ex

Published 10 Oct, 2017 07:33pm

Financial

China's yuan jumps after firmer-than-expected official fix

SHANGHAI: China's onshore and offshore yuan jumped in early trade on Tuesday to their strongest level in more than t

Published 10 Oct, 2017 04:30am

Financial

Dollar treads water vs yen with eyes on N.Korea, euro extends gains

TOKYO: The dollar was little changed against the yen on Tuesday, with the market wary of potential North Korean prov

Published 10 Oct, 2017 04:23am

Financial

China's yuan inches up in thin trade after week-long holiday

SHANGHAI: China's yuan inched up against the US dollar on Monday on the first day of trading after a week-long Natio

Published 09 Oct, 2017 05:43am

Financial

Dollar trades below 12-week high vs yen as North Korea fears weigh

SINGAPORE: The dollar held steady against the yen on Monday, having retreated from 12-week highs set last week, due

Published 09 Oct, 2017 04:53am

Financial

Dollar inches up on upbeat US data but sagging yields cap gains

TOKYO: The dollar inched up against a basket of its peers on Thursday after data shed more positive light on the US

Published 05 Oct, 2017 04:48am

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee closed weaker on Wednesday as dollar demand from importers surpassed the sales of the US c

Published 04 Oct, 2017 07:59pm

Financial

Dollar rally fizzles as market speculates over Trump's Fed choice

TOKYO: The dollar stepped back from a 1 1/2-month high against a basket of currencies on Wednesday, as the rally tri

Published 04 Oct, 2017 05:05am

Financial

Dollar hits 1-1/2-month peak on better US economic outlook, Aussie slips

TOKYO: The dollar struck a 1-1/2-month high on Tuesday as Treasury yields rose after a strong reading for US manufac

Published 03 Oct, 2017 04:31am

Financial

Dollar stands tall against euro as investors watch Catalan vote aftermath

TOKYO: The dollar started the month on a high note on Monday, underpinned by higher U.S. yields, while the euro came

Published 02 Oct, 2017 04:55am

Financial

Australia, NZ dollars lose altitude as Treasury yields climb

SYDNEY/WELLINGTON: The Australian and New Zealand dollars inched lower on Monday as the growing risk of a hike in U.

Published 02 Oct, 2017 04:51am

Financial

China's yuan set for first monthly loss since April

SHANGHAI: China's yuan edged up against the US dollar on Friday, recouping earlier losses, but set to post its first mon

Published 30 Sep, 2017 12:01am

Financial

Dollar pushes higher on hopes for US tax reforms

SINGAPORE: The dollar hit a one-month high against a basket of currencies on Thursday, underpinned by hopes that US.

Published 28 Sep, 2017 06:05am

Financial

China's yuan eases to over 1-month low as dollar firms on Trump tax hopes

SHANGHAI: China's yuan on Thursday eased to a more than one-month low against the US dollar, which rallied on hopes

Published 28 Sep, 2017 06:01am

Financial

S.Korea won, stocks slide to multi-week lows on N.Korea risks

SEOUL: The South Korean won skidded to a seven-week low on Thursday and shares fell for the eighth straight session

Published 28 Sep, 2017 05:10am

Financial

Sri Lankan rupee ends lower on importer dollar demand

COLOMBO: The Sri Lankan rupee closed slightly weaker on Wednesday as dollar demand from importers surpassed selling of t

Published 27 Sep, 2017 10:54pm

Financial

Euro hits one-month low after worst day of 2017

LONDON: The euro slipped to a one-month low on Tuesday after its worst day so far this year, as investors worried th

Published 26 Sep, 2017 08:34am

Financial

North Korea risks support yen, euro struggles near 4-week lows vs dollar

TOKYO: The yen stood tall on Tuesday after tensions on the Korean peninsula flared-up anew amid an escalating war of

Published 26 Sep, 2017 06:55am

Financial

Euro, NZ dollar sideswiped by political uncertainty after elections

SYDNEY/TOKYO: The euro slipped in early Asian trading on Monday after Germany's election showed surging support for

Published 25 Sep, 2017 06:25am

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker on Friday as dollar demand from importers outpaced selling of the US

Published 22 Sep, 2017 02:53pm

Financial

Yuan firms as corporates take profits on dollar ahead of Fed decision

SHANGHAI: China's yuan firmed against the US dollar on Wednesday as companies sold dollars to take profits on recent

Published 20 Sep, 2017 05:46am

Financial

Dollar edges up as investors await Fed's policy signals

TOKYO: The dollar edged up against a basket of currencies on Wednesday as investors awaited the outcome of the Feder

Published 20 Sep, 2017 04:45am

Financial

Dollar hovers near 8-week high vs yen; focus on Fed meeting

SINGAPORE/TOKYO: The dollar held steady at near 8-week highs versus the yen on Tuesday, with investors awaiting the

Published 19 Sep, 2017 05:18am

Financial

Dollar edges up vs yen, hovers near 7-week high ahead of Fed

SINGAPORE: The dollar held firm near a seven-week high versus the yen on Monday, supported by recent rises in U.S. y

Published 18 Sep, 2017 04:52am

Financial

Dollar rally pauses as market braces for U.S. inflation data

SINGAPORE/TOKYO: The U.S. dollar's rally paused on Thursday as traders waited for consumer inflation data later in t

Published 14 Sep, 2017 06:34am

Financial

China's yuan inches up on dollar selling, may gain for first day in four

SHANGHAI: China's yuan firmed slightly against the US dollar on Wednesday and looked set to strengthen for the first

Published 13 Sep, 2017 06:51am

Financial

Dollar buoyant against yen, pound hits 1-year high on inflation jump

TOKYO: The dollar was buoyant against the yen on Wednesday, although it was capped against the euro with a potential

Published 13 Sep, 2017 06:06am

Financial

Dollar clings to most of its gains as risk sentiment improves

TOKYO: The dollar held on to most of its gains on Tuesday, following a sharp rebound on improving investor risk sent

Published 12 Sep, 2017 06:19am

Financial

Yuan eases, weaker fixing raises doubt over firming trend

SHANGHAI: China's yuan eased against the dollar for the third straight session by midday on Tuesday after official g

Published 12 Sep, 2017 06:15am

Financial

Sri Lankan rupee ends steady in dull trade; importer dlr demand weighs

COLOMBO: The Sri Lankan rupee ended steady on Monday as exporter sales of the US currency outpaced early demand from imp

Published 11 Sep, 2017 08:26pm

Financial

China's yuan slips, rally pauses after relaxation of FX outflow curbs

SHANGHAI: China's yuan eased slightly on Monday after rallying more than 1 percent against the dollar last week, wit

Published 11 Sep, 2017 07:06am

Financial

Dollar stabilises after selloff; focus on N.Korea, Hurricane Irma

TOKYO/SINGAPORE: The dollar edged higher on Monday, pulling away from last week's lows against its major rivals afte

Published 11 Sep, 2017 05:40am

Financial

China raises yuan rate to 16-month high as dollar sags

SHANGHAI: China raised the exchange rate for the yuan against the US dollar for the 10th consecutive session Friday,

Published 08 Sep, 2017 06:00am

Financial

Dollar slips vs yen, pressured by N.Korea risks and Fed outlook

TOKYO/SINGAPORE: The dollar edged down against the yen on Wednesday, pushed back toward a recent 4-1/2-month low by

Published 06 Sep, 2017 07:42am

Financial

China's yuan firms, but gains capped by corporate dollar purchase

SHANGHAI: China's yuan firmed slightly against the US dollar on Wednesday, but gains were capped as a firmer midpoin

Published 06 Sep, 2017 05:16am

Financial

Bitcoin plunges, recovers after China bans virtual fundraising

BEIJING: China's decision to clamp down on bitcoin and other crypto-currencies has sent a shock through the world's

Published 05 Sep, 2017 01:52pm

Financial

China's yuan eases after 3-day rally, still near highest since May 2016

SHANGHAI: China's yuan on Tuesday eased against the US dollar, after rallying for three days, but the Chinese curren

Published 05 Sep, 2017 04:58am

Financial

Dollar slips vs yen, franc on simmering N.Korea tensions

TOKYO: The dollar slipped against the Japanese yen and Swiss franc on Tuesday as global tensions simmered amid signs

Published 05 Sep, 2017 04:03am

Financial

Yen holds firm after North Korea's nuclear test

SINGAPORE: The yen edged higher against the dollar on Monday, as investors trimmed their exposure to riskier assets

Published 04 Sep, 2017 05:21am

Financial

China's yuan hits fresh 14-month high after best month

SHANGHAI: China's yuan strengthened to a fresh 14-month high against the US dollar on Friday after its best month on

Published 01 Sep, 2017 05:26am

Financial

Dollar pressured by lukewarm US data as jobs report awaited

TOKYO: The dollar stayed off this week's lows in cautious trading on Friday as investors awaited key monthly US empl

Published 01 Sep, 2017 05:24am

Financial

Data, Draghi speculation helps dollar recover August poise

LONDON: The dollar held near a two-week peak against the yen and below $1.19 per euro on Thursday, a broad recovery

Published 31 Aug, 2017 08:14am

Financial

Dollar recovers from lows vs major rivals as North Korea fears recede

SINGAPORE: The dollar pulled away from the previous session's 4-1/2 month lows against the yen on Wednesday as inves

Published 30 Aug, 2017 07:57am

Financial

Dollar falls to 4-month low vs yen after N.Korea fires missile

TOKYO/SINGAPORE: The dollar hit a four-month low against the yen on Tuesday after North Korea fired a missile that p

Published 29 Aug, 2017 06:02am

Financial

Sri Lankan rupee ends steady in dull trade

COLOMBO: The Sri Lankan rupee closed steady on Thursday in dull trade as exporter dollar sales and inward remittances of

Published 24 Aug, 2017 07:36pm

Financial

Dollar regains some footing; focus on central bankers

SINGAPORE: The dollar inched higher on Thursday, paring some of the losses it suffered after U.S. President Donald T

Published 24 Aug, 2017 05:35am

Financial

Dollar edges down vs yen after Trump's govt shutdown remarks

TOKYO/SINGAPORE: The dollar edged down against the yen on Wednesday after U.S. President Donald Trump raised the spe

Published 23 Aug, 2017 06:12am

Financial

Sri Lankan rupee ends firmer on exporter dollar sales

COLOMBO: The Sri Lankan rupee closed higher on Tuesday, as exporter dollar sales surpassed importer demand for the US cu

Published 22 Aug, 2017 07:08pm

Financial

Dollar index inches higher; Jackson Hole meeting in focus

SINGAPORE: The dollar inched higher against a basket of currencies on Tuesday, with traders focusing on the annual c

Published 22 Aug, 2017 06:37am

Financial

Dollar edges up yen after dropping on US political turmoil

TOKYO: The dollar edged up in early Asian trading on Monday, moving tentatively away from the four-month low against

Published 21 Aug, 2017 06:02am

Financial

Sri Lankan rupee edges down on importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker on Thursday as importer dollar demand surpassed sales of the US curr

Published 17 Aug, 2017 04:50pm

Financial

China's yuan rebounds, set to snap 4-day losing streak

SHANGHAI: China's yuan rebounded against the US dollar by midday on Thursday, poised to break a four-day losing stre

Published 17 Aug, 2017 07:15am

Financial

China's yuan eases on lower fixing, set for the 4th day of losses

SHANGHAI: China's yuan weakened slightly against the US dollar on Wednesday and looked set for its fourth straight d

Published 16 Aug, 2017 07:18am

Financial

Sri Lankan rupee ends lower on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday as dollar demand from importers outpaced selling of the US currenc

Published 15 Aug, 2017 07:40pm

Financial

Sri Lankan rupee ends firmer on bank dollar sales

COLOMBO: The Sri Lankan rupee ended slightly firmer on Friday as banks and exporter dollar sales surpassed the mild impo

Published 11 Aug, 2017 01:40pm

Financial

Sri Lanka rupee ends higher on bank dollar sales, forward booking

COLOMBO: The Sri Lankan rupee ended higher on Thursday, as banks and exporter dollar sales and forward booking outpaced

Published 10 Aug, 2017 03:32pm

Financial

Dollar drifts lower as investors await US inflation data

TOKYO: The dollar inched down slightly in Asian trading on Tuesday, but maintained most of the gains it made on last

Published 08 Aug, 2017 05:32am

Financial

China's yuan hits 10-month high, tops key 6.7 level on firmer midpoint, FX reserves

SHANGHAI: China's yuan strengthened to a 10-month high against the dollar on Tuesday, breaching a key psychological

Published 08 Aug, 2017 05:29am

Financial

China's yuan firms as dollar takes breather from US jobs-related rally

SHANGHAI: China's yuan firmed against the US dollar on Monday, mainly as the greenback took a breather from a broad-

Published 07 Aug, 2017 06:12am

Financial

Sri Lanka rupee closes higher on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Thursday, erasing early losses as the exporter greenback sales surpassed i

Published 03 Aug, 2017 06:10pm

Financial

Dollar index edges up from 15-month low; euro pauses after rally

SINGAPORE: The dollar inched away from a 15-month low versus a basket of currencies on Thursday, but was still looking w

Published 03 Aug, 2017 08:52am

Financial

Dollar index inches up from 15-month low; euro pauses after rally

SINGAPORE: The dollar inched away from a 15-month low versus a basket of currencies on Thursday, but was still looki

Published 03 Aug, 2017 07:32am

Financial

PBOC to inject 120bn yuan via reverse repos

SHANGHAI: China's central bank will inject 120 billion yuan ($17.87 billion) into money markets on Wednesday, traders sa

Published 02 Aug, 2017 07:32pm

Financial

Dollar extends modest bounce from 15-month lows

TOKYO: The dollar extended its modest bounce from 15-month lows on Wednesday, benefiting from a pause in selling of

Published 02 Aug, 2017 07:00am

Financial

Sri Lanka rupee firmer on exporter dlr sales; import demand caps gain

COLOMBO: The Sri Lankan rupee ended firmer on Tuesday as dollar supply due to greenback sales by exporters surpassed imp

Published 01 Aug, 2017 07:36pm

Financial

Dollar hits 6-week low vs yen; focus on U.S. data

SINGAPORE: The dollar skidded to a six-week low versus the yen on Tuesday, its outlook clouded by U.S. political turmoil

Published 01 Aug, 2017 07:22am

Financial

Dollar hits 6-week low vs yen; focus on US data

SINGAPORE: The dollar skidded to a six-week low versus the yen on Tuesday, its outlook clouded by US political turmo

Published 01 Aug, 2017 06:00am

Financial

Sri Lanka rupee rises on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Monday as dollar supply due to exporter greenback sales and inward remitta

Published 31 Jul, 2017 07:23pm

Financial

Sri Lanka rupee ends little changed; state bank dollar buying weighs

COLOMBO: The Sri Lankan rupee ended nearly unchanged on Wednesday as dollar selling by exporters and banks offset demand

Published 26 Jul, 2017 05:37pm

Financial

Sri Lanka rupee ends firmer on dollar selling by exporters

COLOMBO: The Sri Lankan rupee ended slightly firmer in dull trade on Tuesday as dollar selling by exporters outpaced dem

Published 25 Jul, 2017 03:57pm

Financial

Sri Lanka rupee edges up on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Monday as dollar selling by exporters and banks outpaced demand for the US

Published 24 Jul, 2017 04:40pm

Financial

Dollar index near 13-month low as US political turmoil weighs, euro buoyant

TOKYO: The dollar struggled near a 13-month low against a basket of major currencies on Monday as US political turmo

Published 24 Jul, 2017 06:30am

Financial

China's yuan firms on stronger fixing, but gains seen capped

SHANGHAI: China's yuan firmed against the US dollar on Monday, buoyed by a stronger central bank guidance, but trade

Published 24 Jul, 2017 06:26am

Financial

Sri Lankan rupee steady; bond yields down after T-bill auction

COLOMBO: The Sri Lankan rupee closed steady on Thursday with dollar sales by exporters and foreign banks offsetting dema

Published 20 Jul, 2017 05:22pm

Financial

Euro clings to ECB tapering hopes, yen little moved after BOJ

TOKYO: The euro held near a 14-month high against the dollar on Thursday as investors look to hints from the Europea

Published 20 Jul, 2017 06:24am

Financial

China's yuan eases on rising dollar demand and weaker fixing

SHANGHAI: China's yuan weakened against the US dollar on Thursday, which traders attributed to rising demand for the

Published 20 Jul, 2017 06:20am

Financial

Sri Lankan rupee recovers from early falls on foreign bank dollar sales

COLOMBO: The Sri Lankan rupee came off early falls to close firmer on Wednesday as dollar selling by foreign banks in la

Published 19 Jul, 2017 03:21pm

Financial

China's yuan weakens as dollar demand offsets strongest fix in 9 months

SHANGHAI: China's yuan weakened against the dollar for the first time in eight days on Wednesday, despite the strong

Published 19 Jul, 2017 05:55am

Financial

Dollar catches breath after plunging on collapse of US healthcare bill

TOKYO: The dollar nursed losses on Wednesday after skidding to a 10-month low against a currency basket as Republica

Published 19 Jul, 2017 05:53am

Financial

Sri Lankan rupee falls on importer dollar demand

COLOMBO: The Sri Lankan rupee fell on Tuesday on light importer dollar demand, even as the International Monetary Fund (

Published 18 Jul, 2017 08:38pm

Financial

China's yuan firms, set to rise for 7th straight session

SHANGHAI: China's yuan firmed against the US dollar on Tuesday and looked set to strengthen for the seventh straight

Published 18 Jul, 2017 06:19am

Financial

NZ dollar falls sharply after soft inflation data

SYDNEY: The New Zealand dollar fell over half a US cent on Tuesday after inflation came in lower than expected in the se

Published 17 Jul, 2017 11:19pm

Financial

Sri Lankan rupee ends steady; gradual depreciation seen

COLOMBO: The Sri Lankan rupee gave up early gains but ended steady on Monday as late importer dollar demand offset selli

Published 17 Jul, 2017 07:08pm

Financial

China's yuan firms on stronger fixing, Q2 GDP data shrugged off

SHANGHAI: China's yuan, which has firmed against the US dollar the past five sessions, strengthened again on Monday

Published 17 Jul, 2017 06:02am

Financial

Aussie, kiwi jet higher, US dollar steadies

LONDON: The Australian and New Zealand dollars were the biggest beneficiaries of a second day of gains for stock markets

Published 13 Jul, 2017 05:56pm

Financial

Dollar dips after Yellen, loonie near 13-mth high on BOC rate hike

TOKYO: The dollar dipped against its peers on Thursday after Federal Reserve Chair Janet Yellen did not sound as haw

Published 13 Jul, 2017 06:38am

Financial

China's yuan firms on stronger midpoint after dollar weakens

SHANGHAI: China's yuan firmed against the US dollar on Thursday after the central bank fixed a stronger guidance lev

Published 13 Jul, 2017 06:25am

Financial

Sri Lankan rupee ends firmer; central bank dollar buying curbs rise

COLOMBO: The Sri Lankan rupee ended slightly firmer on Wednesday due to greenback sales by banks and exporters, while th

Published 12 Jul, 2017 01:40pm

Financial

Sri Lankan rupee recovers on dollar selling by foreign bank

COLOMBO: The Sri Lankan rupee recovered from early falls to close slightly firmer on Tuesday as dollar selling by a fore

Published 11 Jul, 2017 01:53pm

Financial

Dollar's rise slows as rise in sovereign yields pauses

TOKYO: The dollar's advance against its major peers slowed on Tuesday as a rise in sovereign bond yields paused, with in

Published 11 Jul, 2017 06:19am

Financial

China's yuan weakens on corporate dollar demand, but state banks lend support

SHANGHAI: China's yuan eased on Tuesday dampened by corporate dollar demand and a weaker fixing, but losses were cap

Published 11 Jul, 2017 06:17am

Financial

Sri Lankan rupee slips on importer dollar demand

COLOMBO: The Sri Lankan rupee edged lower on Monday as importers demanded dollars amid mild selling of the US currency b

Published 10 Jul, 2017 04:32pm

Financial

Dollar stands tall after solid US jobs back Fed tightening plans

TOKYO: The dollar was on solid footing on Monday, after a bigger-than-expected increase in US jobs suggested the Fed

Published 10 Jul, 2017 05:53am

Financial

Yen broadly higher after North Korea fires missile, Aussie falls

TOKYO: The yen gained broadly on Tuesday after North Korea's missile launch deepened geopolitical concerns, while th

Published 04 Jul, 2017 06:36am

Financial

China's yuan weakens, market shrugs off ‘Bond Connect’

SHANGHAI: China's yuan weakened against the US dollar after a softer official fixing on Monday, snapping the currenc

Published 03 Jul, 2017 06:30am

Financial

Sri Lanka rupee ends lower on importer dollar demand

COLOMBO: The Sri Lankan rupee ended marginally lower on Friday as importer dollar demand surpassed greenback sales by ex

Published 30 Jun, 2017 01:30pm

Financial

Dollar slips vs euro and sterling as ECB, BoE open door to hawks

TOKYO: The dollar wallowed at one-year lows against the euro and slipped against sterling in Asian trade on Thursday

Published 29 Jun, 2017 09:15am

Financial

China's yuan jumps to 7-1/2 mth high, state banks buying

SHANGHAI: Support from China's state banks helped the yuan strengthen to its highest level in seven and-a-half month

Published 29 Jun, 2017 08:47am

Financial

Sri Lanka rupee ends weaker on importer dlr demand

COLOMBO: The Sri Lankan rupee ended weaker on Wednesday on late dollar demand from importers while the rupee was under p

Published 28 Jun, 2017 01:47pm

Financial

China's yuan extends gains on firmer fixing and state bank support

SHANGHAI: China's yuan on Wednesday extended the previous day's gain against the US dollar, which traders attributed

Published 28 Jun, 2017 05:14am

Financial

Euro gets boost from Draghi, delayed US Senate vote dents dollar

SINGAPORE: The euro hit a 10-month high on Wednesday after the European Central Bank chief hinted the days of the EC

Published 28 Jun, 2017 05:10am

Financial

Dollar edges away from 3-week high vs yen; kiwi firm after RBNZ

SINGAPORE: The dollar eased versus the yen on Thursday as a recent rally tied to bets on another U.S. interest rate

Published 22 Jun, 2017 06:30am

Financial

Sri Lankan rupee ends steady; importer dollar demand weighs

COLOMBO: The Sri Lankan rupee ended steady on Wednesday as exporter dollar sales offset demand for the greenback from im

Published 21 Jun, 2017 03:02pm

Financial

Yuan bears throw in the towel, say it isn't worth fighting China's PBOC

SINGAPORE: A slew of Western investors and traders who placed bets in the past two years that China's yuan currency woul

Published 20 Jun, 2017 12:56pm

Financial

Dollar firmer vs yen after Fed's Dudley strikes hawkish tone

SINGAPORE: The dollar reached a more than three-week high versus the yen on Tuesday, after an influential Federal Re

Published 20 Jun, 2017 07:24am

Financial

Yuan slips to lowest level since end of May

SHANGHAI: China's yuan extended a downward slide against the dollar on Tuesday, slipping to its weakest level since

Published 20 Jun, 2017 05:45am

Financial

Sterling steady ahead of Brexit talks; dollar eyes Fed's Dudley

TOKYO/SINGAPORE: Sterling held steady on Monday ahead of the start of Brexit negotiations, with investors also await

Published 19 Jun, 2017 05:57am

Financial

Yuan firms amid curbs on money flows, higher volatility seen ahead

SHANGHAI: China's yuan firmed against the dollar on Monday, supported by a stronger midpoint fix and as data pointed

Published 19 Jun, 2017 05:56am

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Friday as dollar demand from importers weighed on the local currency, deal

Published 16 Jun, 2017 01:22pm

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee closed slightly weaker on Thursday as dollar demand from importers outweighed selling of t

Published 15 Jun, 2017 01:06pm

Financial

Dollar subdued as Trump probe, weak US data overshadow Fed

TOKYO: The dollar nursed losses on Thursday, after weak US inflation data left investors wondering if the Federal Re

Published 15 Jun, 2017 07:04am

Financial

China's yuan inches up, central bank sets stronger guidance after Fed rate rise

SHANGHAI: China's yuan edged up against the dollar on Thursday after the central bank set guidance at a fresh seven-

Published 15 Jun, 2017 07:00am

Financial

Sri Lankan rupee slips on importer dollar demand; stocks up

COLOMBO: The Sri Lankan rupee slipped on Thursday as dollar demand from importers outweighed selling by exporters, d

Published 15 Jun, 2017 06:54am

Financial

Dollar on tenterhooks as investors await Fed policy clues

TOKYO: The dollar eased on Wednesday with investors looking past an expected U.S. rate hike later in the d

Published 14 Jun, 2017 05:54am

Financial

Sri Lankan rupee ends weaker on dollar demand from oil firm

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday as a state-run bank bought dollars on behalf of a government-owned

Published 13 Jun, 2017 12:30pm

Financial

Sri Lankan rupee ends steady as remittances offset importer dollar demand

COLOMBO: The Sri Lankan rupee ended steady on Monday as inward remittances offset dollar demand from importers, dealers

Published 12 Jun, 2017 12:21pm

Financial

Sterling steadies as British PM scrambles to unite party, dollar awaits Fed

SINGAPORE: Sterling steadied on Monday as British Prime Minister Theresa May scrambled to pick up the pieces a

Published 12 Jun, 2017 06:27am

Financial

China's yuan steady, market awaits US rate decision

SHANGHAI: China's yuan steadied in narrow trade against the US dollar on Monday, with the market switching

Published 12 Jun, 2017 06:25am

Financial

Sri Lankan rupee ends steady on inward remittances

COLOMBO: The Sri Lankan rupee ended steady on Friday in tepid trade as mild inward remittances offset dollar demand from

Published 09 Jun, 2017 02:17pm

Financial

Pound nears 2-week high before UK vote; euro steady ahead of ECB

SINGAPORE: Sterling traded near a two-week high on Thursday, supported by expectations that Prime Minister

Published 08 Jun, 2017 04:58am

Financial

China's yuan eases in step with midpoint, not solid May exports

SHANGHAI: China's yuan eased against the US dollar on Thursday after the central bank set its official gui

Published 08 Jun, 2017 04:57am

Financial

China May FX reserves rise more than expected on weaker dollar, capital controls

BEIJING: China's foreign exchange reserves rose in May for a fourth consecutive month and by more than markets had expec

Published 07 Jun, 2017 04:45pm

Financial

Sri Lankan rupee edges up on late inward remittances

COLOMBO: The Sri Lankan rupee recovered from early falls and closed slightly firmer on Wednesday as late inward remittan

Published 07 Jun, 2017 04:20pm

Financial

China's cross-border capital flows continue good momentum in May

BEIJING: China's cross-border capital flows are stabilising and continued good momentum in May, the forex regulator said

Published 07 Jun, 2017 09:03am

Financial

Dollar stuck near 6-wk low vs yen as ‘Super Thursday’ events loom

TOKYO: The dollar wallowed near a six-week low against the safe-haven yen on Wednesday, with traders cauti

Published 07 Jun, 2017 06:23am

Financial

China's yuan edges up, central bank sets guidance at new 7-month high

SHANGHAI: China's yuan firmed against the dollar on Wednesday, after the central bank set its official gui

Published 07 Jun, 2017 05:20am

Financial

Sri Lankan rupee edges down on mild importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker on Tuesday due to mild dollar demand from importers, and pressure on

Published 06 Jun, 2017 12:09pm

Financial

Dollar hits 6-week low vs yen ahead of UK vote, Comey testimony and ECB outcome

TOKYO: The dollar hit a six-week low against the safe-haven yen on Tuesday, with investors cautious ahead of Britain

Published 06 Jun, 2017 06:07am

Financial

China's yuan firms, market shrugs off huge cash injection

SHANGHAI: China's yuan firmed against the US dollar on Tuesday after the official midpoint was fixed at a

Published 06 Jun, 2017 05:03am

Financial

Sri Lankan rupee steady; importer dollar demand offsets exporter sales

COLOMBO: The Sri Lankan rupee was steady on Monday as importer dollar demand offset greenback sales by exporters, wh

Published 05 Jun, 2017 06:53am

Financial

Sri Lankan rupee edges down on importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker on Friday as importer dollar demand outpaced selling of the US curre

Published 02 Jun, 2017 12:35pm

Financial

Sri Lankan rupee ends firmer on exporter dollar sales

COLOMBO: Sri Lankan rupee ended slightly firmer on Thursday as dollar selling by exporters outpaced importer demand for

Published 01 Jun, 2017 01:56pm

Financial

Sterling slips on election fears, downbeat China PMI weighs on stocks

SINGAPORE: Sterling retreated on Thursday on fears that Prime Minister Theresa May could lose control of p

Published 01 Jun, 2017 05:28am

Financial

China's yuan jumps to 7-month high, central bank resets path

SHANGHAI: China's yuan surged to a near seven-month high after a sharply stronger midpoint fixing on Thursday, stren

Published 01 Jun, 2017 05:09am

Financial

Dollar languishes near 6-1/2 month lows, pound falters

SINGAPORE: The dollar languished near a recent 6-1/2 month low against a basket of major currencies on Thursday, whi

Published 01 Jun, 2017 02:37am

Financial

Yuan bolts to over 6-month high as central bank tries to douse depreciation views

SHANGHAI: China's yuan surged to its strongest level in more than 6 months on Wednesday on views that the central bank i

Published 31 May, 2017 12:12pm

Financial

Sterling drops on poll showing risk of hung UK parliament

TOKYO: The British pound dropped on Wednesday after a new poll found that British Prime Minister Theresa May's Conse

Published 31 May, 2017 05:55am

Financial

China's yuan firms as cbank signals less tolerance for depreciation

SHANGHAI: China's onshore yuan surged to its strongest level in more than four months against the US dolla

Published 31 May, 2017 05:51am

Financial

Sri Lankan rupee falls; flood damage assessment awaited

COLOMBO: Sri Lankan rupee fell on Tuesday as floods and landslides that killed over 190 people weighed on market sentime

Published 30 May, 2017 11:51am

Financial

Dollar firms against sterling, euro amid political uncertainties

TOKYO: The dollar firmed against a basket of currencies on Tuesday as the euro and sterling were pressured by politi

Published 30 May, 2017 05:53am

Financial

Sri Lankan rupee weaker on importer dollar demand in dull trade

COLOMBO: The Sri Lankan rupee edged down on Monday in dull trade as dollar demand from importers outpaced exporter s

Published 29 May, 2017 07:38am

Financial

China says considering tighter controls on yuan currency

SHANGHAI: China said Friday it is considering a change to its mechanism for managing its currency to buffer it

Published 26 May, 2017 01:11pm

Financial

China's yuan strengthens again, hits strongest level since February

SHANGHAI: China's yuan on Friday extended the previous day's big gain, hitting its strongest level in more

Published 26 May, 2017 06:43am

Financial

Pound slips as PM May's lead narrows, commodity currencies shaky

SINGAPORE: Sterling fell on Friday after a poll showed a narrowing lead for British Prime Minister Theresa

Published 26 May, 2017 06:37am

Financial

China's yuan jumps to 2-month high in ‘show of strength’ after downgrade

SHANGHAI: China's yuan leapt to a near two-month high against the US dollar on Thursday, supported by majo

Published 25 May, 2017 06:31am

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee closed lower on Wednesday on higher demand for dollars from importers, but selling of the

Published 24 May, 2017 02:02pm

Financial

China's yuan eases on dollar demand, Moody's downgrade shrugged off

SHANGHAI: China's yuan eased against the US dollar on Wednesday on some corporate demand for the greenback

Published 24 May, 2017 06:38am

Financial

Sri Lankan rupee steady, but seen easing on central bank move to boost reserves

COLOMBO: The Sri Lankan rupee was steady on Tuesday, though traders say the currency is set to ease further on importers

Published 23 May, 2017 06:38am

Financial

China's yuan weakens against dollar, hits low against currency basket

SHANGHAI: China's yuan weakened against the US dollar on Monday despite a firmer midpoinmt fixed by the ce

Published 22 May, 2017 07:08am

Financial

Dollar inches up but US political woes keep it near 6-month lows

TOKYO: The dollar inched higher on Monday, but remained close to six-month lows against a basket of curren

Published 22 May, 2017 07:06am

Financial

Sri Lankan rupee ends weaker, state bank dollar sales cap fall

COLOMBO: The Sri Lankan rupee ended weaker on Friday on importer dollar demand and fewer exporter conversions, even as i

Published 19 May, 2017 12:51pm

Financial

Dollar under pressure on Trump troubles

TOKYO: The dollar was under pressure in Asia Thursday on fears that US President Donald Trump's mounting p

Published 18 May, 2017 06:28am

Financial

Sri Lankan rupee ends lower on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Wednesday led by usual importer dollar demand, but dealers said depreciati

Published 17 May, 2017 02:36pm

Financial

Sri Lankan rupee falls on importer dollar demand; stocks rise

COLOMBO: The Sri Lankan rupee fell on Wednesday led by usual importer dollar demand, but dealers said depreciation press

Published 17 May, 2017 07:07am

Financial

South Korean won inches down after a 4-day rally, stocks little lower

SEOUL: The South Korean won ended a slightly weaker on Wednesday, having run into some profit-taking after hitting a six

Published 17 May, 2017 07:04am

Financial

Sri Lankan rupee edges down on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday as importer dollar demand surpassed selling of the US currency by

Published 16 May, 2017 06:02pm

Financial

Sri Lankan rupee edges down on importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker on Monday as importer dollar demand surpassed early greenback sales

Published 15 May, 2017 04:36pm

Financial

China's yuan steadies, little impact from soft April activity indicators

SHANGHAI: China's yuan steadied against the US dollar on Monday, with investors undeterred by weaker-than-

Published 15 May, 2017 06:34am

Financial

Dollar starts week under shadow of underwhelming data, N. Korea

TOKYO: The dollar started the week on the defensive on Monday after U.S. economic data came in shy of expe

Published 15 May, 2017 06:26am

Financial

Sri Lankan rupee edges up in dull trade; stocks steady

COLOMBO: The Sri Lankan rupee rose slightly in dull trade on Monday on mild dollar selling by exporters, dealers sai

Published 15 May, 2017 06:20am

Financial

Sri Lankan rupee edges up in dull trade

COLOMBO: The Sri Lankan rupee ended slightly firmer in dull trade on Friday due to mild dollar selling by expo

Published 12 May, 2017 02:21pm

Financial

Dollar slips after Trump fires FBI director

TOKYO: The dollar slid on Wednesday and the perceived safe-haven yen gained after U.S. President Donald Trump abruptly f

Published 10 May, 2017 05:01am

Financial

China yuan firms, state banks' dollar sales offset much weaker midpoint

SHANGHAI: China's yuan firmed against the US dollar on Wednesday despite its weakest midpoint in seven wee

Updated 10 May, 2017 06:59am

Financial

Euro off 6-month high but supported on brightening outlook in Europe

TOKYO: The euro pulled back from recent six-month highs on Tuesday, but remained well-supported as fading

Published 09 May, 2017 06:01am

Financial

China's yuan slips, offshore spot faces pressure on looser outflow curbs

SHANGHAI: China's yuan fell against the dollar on Tuesday after the central bank fixed its midpoint at a o

Published 09 May, 2017 05:28am

Financial

Sri Lankan rupee ends slightly weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended slightly weaker on Monday on mild dollar demand from importers, but anticipated

Published 08 May, 2017 06:05pm

Financial

Euro rallies after Macron wins French presidency

TOKYO: The euro briefly rallied to a six-month high against the dollar Monday after pro-European centrist Emmanuel M

Published 08 May, 2017 04:30am

Financial

Sri Lankan rupee edges up on exporter dollar selling

COLOMBO: The Sri Lankan rupee ended slightly higher on Thursday as exporters sold the dollar and a statement f

Published 04 May, 2017 02:41pm

Financial

Sri Lankan rupee steady on dollar inflow expectations

COLOMBO: The Sri Lankan rupee ended steady on Wednesday as importer dollar demand was offset by exporter sales amid expe

Published 03 May, 2017 01:40pm

Financial

China's yuan firms, market shrugs off weaker midpoint

SHANGHAI: China's yuan firmed against the US dollar on Tuesday, despite the central bank's weaker midpoint

Published 02 May, 2017 06:36am

Financial

Dollar hits 1-month high vs yen as US yields spike on Mnuchin comments

TOKYO: The dollar hit a one-month high against the yen on Tuesday, lifted by Treasury yields which surged after U.S.

Published 02 May, 2017 06:33am

Financial

Australia dollar lifted as RBA stands pat, NZ dollar dragged higher

SYDNEY/WELLINGTON: The Australian dollar drifted higher on Tuesday after the central bank kept rates uncha

Published 02 May, 2017 06:30am

Financial

Dollar edges up, European inflation data underpins euro

TOKYO: The dollar shrugged off early modest losses in holiday-thinned Asian trading on Monday, while solid European infl

Published 01 May, 2017 09:19am

Financial

Sri Lankan rupee falls on importer dollar demand; bond yields down

COLOMBO: The Sri Lankan rupee fell on Friday on importer dollar demand, while bond yields dropped for a second day with

Published 28 Apr, 2017 03:48pm

Financial

Sri Lankan rupee little changed; yields fall on hike in bond borrowing limit

COLOMBO: The Sri Lankan rupee closed steady on Thursday in dull trade, but local bond yields fell after the government a

Published 27 Apr, 2017 01:20pm

Financial

Dollar holds gains; Canadian dollar, Mexican peso surge on NAFTA relief

TOKYO: The dollar held gains against the yen on Thursday after U.S. President Donald Trump's tax plan offered no fresh s

Published 27 Apr, 2017 05:29am

Financial

China's yuan slips as corporate dollar demand picks up

SHANGHAI: China's yuan weakened against the US dollar on Thursday after the central bank set the midpoint at the lowest

Published 27 Apr, 2017 05:27am

Financial

China's yuan dips against dollar, falls to record low against currency basket

SHANGHAI: China's yuan slipped against the US dollar on Wednesday and fell to a record low against a basket of

Published 26 Apr, 2017 05:20am

Financial

Sri Lankan rupee edges down on importer dlr demand

COLOMBO: The Sri Lankan rupee closed slightly weaker on Tuesday on light importer dollar demand, but the currency is exp

Published 25 Apr, 2017 01:47pm

Financial

Sri Lankan rupee ends flat after late dollar selling by foreign banks

COLOMBO: The Sri Lankan rupee closed flat on Monday as late dollar sales by foreign banks offset importer dollar demand,

Published 24 Apr, 2017 03:55pm

Financial

Sterling dives against euro after French election

LONDON: Sterling fell sharply against the euro on Monday as investors favoured Europe's currency over Britain's in a wav

Published 24 Apr, 2017 09:53am

Financial

Euro rises sharply after first round of French election

TOKYO: The euro rose sharply Monday as markets breathed a sigh of relief as first-round numbers showed centris

Published 24 Apr, 2017 03:19am

Financial

Sri Lankan rupee ends stronger on local bank dollar sales

COLOMBO: The Sri Lankan rupee closed firmer on Thursday as dollar inflows from equity-related transactions outpaced mild

Published 20 Apr, 2017 05:27pm

Financial

Yuan steadies, regulator says outflows have sharply eased

SHANGHAI: China's yuan was largely steady against the US dollar on Thursday after the country's foreign exchan

Published 20 Apr, 2017 06:31am

Financial

Sterling gives back some gains made after May calls UK vote

TOKYO: The dollar index edged away from three-week lows on Wednesday, as a resurgent sterling gave back some o

Published 19 Apr, 2017 06:34am

Financial

Yuan gains ground, outflow fears ease as dollar weakness drags on

SHANGHAI: The Chinese yuan firmed slightly on Wednesday as the dollar index traded near three-week lows, dragg

Published 19 Apr, 2017 06:13am

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee closed weaker on Tuesday due to dollar demand from importers, but the currency is expected

Published 18 Apr, 2017 02:32pm

Financial

Sri Lankan rupee ends firmer on dollar selling by foreign banks

COLOMBO: The Sri Lankan rupee ended firmer in thin trade on Monday as foreign banks sold the dollar, with importers stay

Published 17 Apr, 2017 02:22pm

Financial

Trump's currency comments lift yuan, but limited impact seen

SHANGHAI: China's yuan strengthened against the US dollar on Thursday following President Donald Trump's comme

Published 13 Apr, 2017 10:42am

Financial

Australia, NZ dollars bounce on upbeat data, Trump comments

SYDNEY/WELLINGTON: The Australian and New Zealand dollars bounced sharply on Thursday, having been thrown a lifeline by

Published 13 Apr, 2017 06:14am

Financial

Yen hits multi-month peaks vs peers on rising geopolitical tensions

TOKYO: The yen hit five-month highs against the dollar, euro and sterling on Wednesday, as simmering geopoliti

Published 12 Apr, 2017 04:58am

Financial

Australia, NZ dollars at 4-1/2 month lows as investors flee risk

SYDNEY: The Australian and New Zealand dollars stumbled to 4-1/2 month lows on the yen on Wednesday while government bon

Published 12 Apr, 2017 04:57am

Financial

Yen gains as N. Korea, Syria spark geopolitical jitters

LONDON: The safe-haven yen rose broadly in European trading on Tuesday, as investors considered a spectrum of risks incl

Published 11 Apr, 2017 08:54am

Financial

Sterling steady ahead of UK inflation data

LONDON: Sterling steadied against the dollar and euro on Tuesday as investors looked to data expected to show British co

Published 11 Apr, 2017 08:52am

Financial

Dollar edges down vs yen as US Treasury yields slip

TOKYO: The dollar fell against the yen in Asian trading on Tuesday, as concerns over tensions with North Korea

Published 11 Apr, 2017 06:31am

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Friday as importer dollar demand and dividend payments outpaced

Published 07 Apr, 2017 12:19pm

Financial

China forex reserves rises for a second month in March

BEIJING: China's foreign exchange reserves increased for a second month in row in March, rising by $3.9 billion, officia

Published 07 Apr, 2017 10:20am

Financial

Sri Lankan rupee ends weaker on late importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker in dull trade on Thursday as it surrendered early gains du

Published 06 Apr, 2017 03:02pm

Financial

Yuan slips against the dollar as traders anxiously await Trump-Xi meeting

SHANGHAI: China's yuan slipped slightly against the dollar on Wednesday morning as traders anxiously awaited t

Published 05 Apr, 2017 06:49am

Financial

Asian currencies slip, focus on coming US-China summit

SINGAPORE: Some Asian currencies edged lower on Wednesday, ahead of a United States-China summit that could hi

Published 05 Apr, 2017 06:09am

Financial

Dollar pressured ahead of Trump-Xi summit, N.Korea concerns

TOKYO: The dollar lost its grip on earlier gains against the yen on Wednesday, remaining under pressure after

Published 05 Apr, 2017 06:02am

Financial

Australia, NZ dollars dented by RBA caution, dovish comments

SYDNEY/WELLINGTON: The Australian dollar dropped to a three-week trough on Tuesday after the central bank kept

Published 04 Apr, 2017 06:31am

Financial

Sri Lankan rupee edges up on exporter dollar sales, remittances

COLOMBO: The Sri Lankan rupee was slightly firmer in dull trade on Tuesday on inward remittances and exporter dollar sal

Published 04 Apr, 2017 06:29am

Financial

South Korean won, shares end stronger on upbeat March exports data

SEOUL: The South Korean won ended higher on Monday with sentiment lifted by news of strong exports in March an

Published 03 Apr, 2017 08:14pm

Financial

Dollar wobbles but holds above 4-month lows

TOKYO: The dollar wobbled in Asian trading on Monday as some lacklustre U.S. data and comments from Federal Re

Published 03 Apr, 2017 05:43am

Financial

Sri Lankan rupee steady as late importer dollar demand offsets inward remittances

COLOMBO: The Sri Lankan rupee ended steady on Thursday as importer dollar demand in late trades offset inward

Published 30 Mar, 2017 04:04pm

Financial

Weakened yuan takes $1.6bn shine off Chinese airlines' profits

SHANGHAI: China's weakening yuan cut $1.6 billion from profits earned by the country's three largest airlines

Published 30 Mar, 2017 02:46pm

Financial

Sri Lankan rupee ends higher on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Wednesday, helped by exporter dollar sales and inward remittances but impo

Published 29 Mar, 2017 12:58pm

Financial

Sri Lankan rupee ends little changed

COLOMBO: The Sri Lankan rupee closed largely unchanged on Monday as importer dollar demand almost offset the inward remi

Published 27 Mar, 2017 01:49pm

Financial

Sri Lankan rupee falls; central bank raises key rates

COLOMBO: The Sri Lankan rupee closed lower on Friday on importer dollar demand, even as the country's central

Published 24 Mar, 2017 03:41pm

Financial

Rising yen bucks fundamentals, gives Japan a diplomatic breather

TOKYO: The Japanese yen's recent rise against the dollar has defied conventional market wisdom, but a stronger

Published 23 Mar, 2017 08:09am

Financial

China's yuan weakens slightly as jitters ease after short-term rate hike

HONG KONG: China's yuan fell slightly against the US dollar on Monday after a weaker official midpoint fixing, and on views that the central bank will stick to a very modest and gradual pace of monetary tightening to avoid hurting economic growth.

Published 20 Mar, 2017 04:20am

Financial

Dollar on defensive for packed week of Fed speakers

SYDNEY: The dollar stayed on the defensive in Asia on Monday with bulls still nursing a grudge after the Federal Reserve's rate guidance last week proved to be less "hawkish" than many had wagered on.

Published 20 Mar, 2017 04:19am

Financial

South Korea won firm after Fed rate hike, will act if needed

SEOUL: The South Korean won has firmed in addition to other key currencies after the Federal Reserve decided to raise US interest rates, the country's vice finance minister said on Thursday, adding Seoul will act to stabilise markets if necessary.

Published 15 Mar, 2017 10:52pm

Financial

Indian rupee hits 16-mth high, bonds rally most in 2 weeks ahead of Fed

MUMBAI: The Indian rupee hit a 16-month peak against the dollar and bonds rallied the most in two weeks on Wednesday on hopes of a less hawkish tone on interest rates by the U.

Published 15 Mar, 2017 04:45pm

Financial

Sri Lankan rupee ends slightly weaker in dull trade

COLOMBO: The Sri Lankan rupee ended slightly weaker on Friday in dull trade as importer dollar demand surpassed exporter greenback sales, a day after the central bank's moral suasion curbed further decline, dealers said.

Published 10 Mar, 2017 12:27pm

Financial

Sri Lankan rupee ends firmer amid moral suasion

COLOMBO: The Sri Lankan rupee ended slightly firmer on Thursday as a state bank sold dollars amid moral suasion by the central bank after the local currency fell on importer greenback demand, dealers said.

Published 09 Mar, 2017 01:25pm

Financial

China to keep yuan broadly stable, allow more fluctuations

BEIJING: China will maintain stability in its yuan currency while allowing more two-way fluctuation to reflect changes in supply and demand, the operator of its foreign exchange trading platform said on Wednesday.

Published 08 Mar, 2017 11:46am

Financial

Sri Lankan rupee weaker on importer dollar demand after IMF statement

COLOMBO: The Sri Lankan rupee traded weaker on Wednesday as importer dollar demand surpassed mild sales of the greenback by exporters, dealers said, a day after the International Monetary Fund urged the country's central bank to rebuild foreign reserves w

Published 08 Mar, 2017 09:06am

Financial

Sri Lankan rupee ends slightly weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended marginally weaker in thin trade on Monday, as importer dollar demand surpassed greenback remittances, dealers said.

Published 06 Mar, 2017 12:47pm

Financial

South Korean won slips to 5-week low; stocks end slightly higher

SEOUL: The South Korean won weakened for a third straight session on Monday, ending near five-week lows on increased dollar demand in the wake of tensions with China over Seoul's decision to deploy a US missile defence system.

Published 06 Mar, 2017 06:55am

Financial

Sri Lankan rupee ends firmer on late exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Monday aided by late exporter dollar sales, but concerns over possible further depreciation in the absence of central bank guidance weighed on the sentiment, dealers said.

Published 27 Feb, 2017 02:39pm

Financial

Sri Lankan rupee ends firmer as exporters sell dollar

COLOMBO: The Sri Lankan rupee ended firmer on Thursday as exporters sold the US dollar, but concerns over possible further depreciation in the domestic currency in the absence of central bank guidance weighed on the sentiment, dealers said.

Published 23 Feb, 2017 02:01pm

Financial

Sri Lankan rupee falls on importer dollar demand, bond outflow

COLOMBO: The Sri Lankan rupee ended weaker on Monday on dollar demand from importers and foreign banks as foreign investors sold government securities amid concerns of further depreciation in the rupee, dealers said.

Published 20 Feb, 2017 02:18pm

Financial

China Jan FX reserves fall below $3 trillion for first time in nearly 6 years

BEIJING: China's foreign exchange reserves unexpectedly fell below the closely watched $3 trillion level in January for the first time in nearly six years, though tighter regulatory controls appeared to making some progress in slowing capital outflows

Published 07 Feb, 2017 01:11pm

Financial

Sri Lankan rupee slips on dollar buying by banks ahead of rate call

COLOMBO: The Sri Lankan rupee closed slightly weaker on Monday due to dollar demand from importers and banks as foreign investors continued to sell government securities, dealers said.

Published 06 Feb, 2017 01:40pm

Financial

Sri Lankan rupee edges down on dollar demand from importers, banks

COLOMBO: The Sri Lankan rupee ended marginally weaker on Thursday due to dollar demand from importers as well as banks to facilitate foreign outflows from government securities, dealers said.

Published 02 Feb, 2017 03:49pm

Financial

Sri Lankan rupee up on exporter dollar sales, remittances

COLOMBO: The Sri Lankan rupee ended slightly firmer on Wednesday due to dollar inflows from remittances and greenback sa

Published 01 Feb, 2017 01:03pm

Financial

Sri Lankan rupee ends lower; central bank sets spot ref rate at record low

COLOMBO: The Sri Lankan rupee ended marginally weaker on Friday on importer dollar demand and with the central bank adjusting the spot reference rate to a record low of 150.

Published 13 Jan, 2017 12:56pm

Financial

Sri Lankan rupee falls on dollar demand from foreign banks, importers

COLOMBO: The Sri Lankan rupee traded weaker on Friday due to dollar buying by foreign banks and importers, but the central bank's moral suasion continued to prevent further decline, days after the monetary authority signalled a change in its intervent

Published 06 Jan, 2017 07:28am

Financial

Bitcoin nears all-time high as it becomes 'safe haven' asset

HONG KONG: Bitcoin neared its all-time high Thursday, with the surging digital currency tipped to become a new safe haven asset as the world grapples with growing economic uncertainty.

Published 05 Jan, 2017 07:17am

Financial

China's new rule on yuan transfers not a capital control measure

BEIJING: China's new rules on cash transactions and overseas transfers of yuan currency are not forms of capital controls, the state news agency Xinhua said, citing a central bank economist.

Published 02 Jan, 2017 08:32am

Financial

Sri Lankan rupee ends steady amid moral suasion

COLOMBO: The Sri Lankan rupee closed steady on Thursday as light importer dollar demand was met by exporter selling and moral suasion by the central bank boosted sentiment, dealers said.

Published 29 Dec, 2016 01:03pm

Financial

Dollar sags vs yen on lower US yields, ebb in risk appetite

TOKYO: The dollar sagged against the yen on Thursday, weighed down by US yields slipping to two-week lows and an ebb in risk appetite that favoured the safe-haven Japanese currency.

Published 29 Dec, 2016 08:10am

Financial

Won and Taiwan dollar touch fresh multi-month lows

SINGAPORE: The South Korean won and Taiwan dollar set fresh multi-month lows on Wednesday, after strong US economic data reinforced expectations that the Federal Reserve would be more hawkish in 2017.

Published 28 Dec, 2016 07:06am

Financial

Sri Lankan rupee ends steady after early fall

COLOMBO: The Sri Lankan rupee ended steady on Tuesday after earlier falling on thin importer dollar demand, dealers said, even as the market looked for cues after the central bank said currency depreciation was not necessarily negative for the economy.

Published 27 Dec, 2016 02:19pm

Financial

Won hits 9-1/2 month low; rise in US bond yields dents Asia FX

SINGAPORE: The South Korean won touched a nine-and-a-half-month low against the dollar on Tuesday, with most Asian currencies retreating as a rise in US bond yields helped bolster the greenback.

Published 27 Dec, 2016 06:32am

Financial

Dollar edges up on bargain hunting after sagging over the holidays

TOKYO: The dollar inched up against the yen and euro on Tuesday as some investors emerged out of the holiday lull to hunt for bargains as the market entered the last trading stretch of the year.

Published 27 Dec, 2016 06:29am

Financial

Dollar dips vs yen after US yields pull away from highs

TOKYO: The dollar dipped against the yen on Monday, edging lower down after U.

Published 26 Dec, 2016 08:25am

Financial

Sri Lankan rupee ends firmer on dollar selling by state bank

COLOMBO: The Sri Lankan rupee closed higher on Friday as dollar selling by a state-run bank helped the local currency gain in lacklustre trading ahead of a long weekend, amid little demand from importers for the US currency, dealers said.

Published 23 Dec, 2016 02:14pm

Financial

Dollar retreats ahead of US data, euro on alert over Monte dei Paschi

TOKYO: The dollar lost some steam on Thursday, slipping from its 14-year-high against a basket of currencies as investors took profits before a batch of US economic data due later in the day is published.

Published 22 Dec, 2016 07:32am

Financial

Won and Taiwan dollar hit multi-month lows

SINGAPORE: The South Korean won hit a more than nine-month low and the Taiwan dollar touched a near five-month trough on Thursday, as the outlook for Asian currencies remained clouded by expectations the Fed could raise rates at a faster pace next year.

Published 22 Dec, 2016 07:13am

Financial

South Korean won drops to 9-month low, shares slightly down

SEOUL: The South Korean won slumped to a more than nine-month low on Thursday, marking its sixth consecutive session of decline and breaking through the psychological level of 1,200 intraday.

Published 22 Dec, 2016 06:59am

Financial

Sri Lankan rupee ends lower on importer dollar demand, capital outflows

COLOMBO: The Sri Lankan rupee closed weaker on Wednesday due to dollar demand from importers and capital outflows from government securities, dealers said, as the greenback hovered near 14-year peaks against a basket of major currencies.

Published 21 Dec, 2016 12:22pm

Financial

Sri Lankan rupee down on importer dollar demand, capital outflows

COLOMBO: The Sri Lankan rupee fell on Wednesday due to importer demand for the dollar and capital outflows from government securities as the greenback held near 14-year peaks against a basket of major currencies.

Published 21 Dec, 2016 08:57am

Financial

Won, baht hit multi-month lows on worry over Fed rate hike pace

SINGAPORE: The South Korean won and the Thai baht hit multi-month lows against the dollar on Wednesday, weighed down by expectations of a faster pace of US interest rate increases after Donald Trump becomes president on Jan.

Published 21 Dec, 2016 08:16am

Financial

South Korea won extends slide as dollar stands tall, stocks edge up

SEOUL: The South Korean won extended its slide early on Wednesday, capping the fifth session of losses on the back of a relentless dollar rally fuelled by yield-allure as investors bet on US growth and interest rates moving to a higher gear.

Published 21 Dec, 2016 07:08am

Financial

Dollar holds gains at 14-year peak on Trump trade, yield allure

TOKYO: The dollar hovered near a 14-year high against the euro on Wednesday, supported by expectations of U.

Published 21 Dec, 2016 07:05am

Financial

Australia dollar aided by the RBA, NZ dollar at 6-month lows

SYDNEY/WELLINGTON: The Australian dollar inched higher on Tuesday following four straight days of losses, after the country's central bank indicated it was done cutting interest rates for now.

Published 20 Dec, 2016 08:47am

Financial

China's yuan firms on state bank support, weak corporate dollar demand

SHANGHAI: China's yuan firmed on Tuesday as major state-owned banks sold dollars, while weak demand by companies for the US currency also offered a helping hand, traders said.

Published 20 Dec, 2016 08:43am

Financial

Dollar bounces back near 14-year peak, yen slips after BOJ

TOKYO: The dollar was bouncing back towards its 14-year high against a basket of major currencies on Tuesday as the yen quickly gave up some of its gains following deadly incidents in Turkey and Germany.

Published 20 Dec, 2016 07:45am

Financial

Yen, Swiss franc firm after incidents in Ankara, Berlin

TOKYO: The yen dipped only briefly after the Bank of Japan stood pat as widely expected on Tuesday, keeping much of its gains after separate deadly incidents in Turkey and Germany raised security worries in the West.

Published 20 Dec, 2016 07:28am

Financial

Sri Lankan rupee edges down on mild importer dollar demand

COLOMBO: The Sri Lankan rupee slipped on Monday on mild importer dollar demand, as the market braced for declines in the local currency with the central bank raising the spot reference rate following a hike in U.

Published 19 Dec, 2016 08:56am

Financial

South Korea won, stocks flat as markets cautious before Yellen speech, BOJ

SEOUL: The South Korean won was slightly down early on Monday as investors kept to the sidelines ahead of a speech by Federal Reserve Chair Janet Yellen and the outcome of the Bank of Japan's policy meeting.

Published 19 Dec, 2016 06:38am

Financial

Australia dollar steady after budget forecast, NZ$ ticks up

SYDNEY/WELLINGTON: The Australian dollar stayed near a six-month trough on Monday after the government forecast a smaller-than-feared budget deficit this year, but that could not fully deflect the threat of a downgrade to the country's top credit rati

Published 19 Dec, 2016 06:29am

Financial

China's yuan firms after surprisingly strong midpoint

SHANGHAI: China's yuan firmed against the dollar on Monday after the central bank set a much stronger midpoint than the market had expected, traders said.

Published 19 Dec, 2016 06:23am

Financial

Dollar pulls away from 14-year peak as investors take profits

TOKYO: The dollar edged lower in Asian trading on Monday as some investors took profits after its rise last week to a 14-year peak against a currency basket, though it remained underpinned by expectations of more U.

Published 19 Dec, 2016 06:22am

Financial

Asian currencies on defensive; ringgit matches post-1998 lows

SINGAPORE: The Malaysian ringgit matched a post-1998 low set last year and the South Korean won hit a nearly six-month low on Monday, after the US Federal Reserve last week signalled a faster-than-expected pace of interest rate rises in 2017.

Published 19 Dec, 2016 06:21am

Financial

China urges calm on yuan after US rate hike

SHANGHAI: The mouthpiece of China's Communist Party said Friday there was "no need to worry too much" about downward pressure on the yuan as the currency wallows at more than eight-year lows against the dollar.

Published 16 Dec, 2016 09:43am

Financial

China's yuan falls to 8-1/2-year low after Fed tightens policy

HONG KONG: China's yuan fell to its weakest in 8-1/2 years on Thursday after the US Federal Reserve signalled a faster pace of rate hikes, raising concerns of more capital outflows at a time when Asia's economic powerhouse shows signs of stabilisi

Published 15 Dec, 2016 10:51am

Financial

China's yuan falls to over 8-year low on dollar strength

HONG KONG: China's yuan fell to its weakest level in more than eight years against a broadly stronger US dollar on Thursday after the Federal Reserve raised interest rates and also projected more interest rate increases than earlier expected.

Published 15 Dec, 2016 08:23am

Financial

Indian rupee, bonds slide on Fed stance, but shares gain

MUMBAI/BENGALURU: The Indian rupee fell to a one-week low on Thursday, while bonds also slumped after the U.

Published 15 Dec, 2016 08:00am

Financial

Asian currencies fall, yuan hits 8-year low after Fed's signal

SINGAPORE: Emerging Asian currencies slid against the dollar on Thursday, with the Chinese yuan hitting an eight-year low after the US Federal Reserve raised interest rates and signalled a faster pace of rate increases in 2017.

Published 15 Dec, 2016 07:57am

Financial

Sri Lankan rupee weakens as central bank raises reference rate after Fed move

COLOMBO: The Sri Lankan rupee edged lower on Thursday as the central bank raised the spot reference rate further, a day after the U.

Published 15 Dec, 2016 07:34am

Financial

Dollar at 14-year peak as Fed rejuvenates Trump-rally, emerging FX on back foot

TOKYO: The dollar rose to a 14-year peak against a basket of major currencies on Thursday after the Federal Reserve boosted the number of projected interest rate hikes for 2017, rejuvenating the month-long Trump rally and knocking emerging market currenci

Published 15 Dec, 2016 07:17am

Financial

Australia dollar struggles at 75 US-cent barrier, NZ$ ticks higher

SYDNEY: The Australian dollar struggled at the crucial 75 U.

Published 14 Dec, 2016 06:50am

Financial

China's yuan weakens as corporate buy dollars

SHANGHAI: China's yuan weakened slightly against the dollar on Wednesday, as support from state-owned banks failed to counter pressure from corporate demand for dollars, traders said.

Published 14 Dec, 2016 06:44am

Financial

Dollar takes breather, investors anxious about Fed rate outlook

TOKYO: The dollar took a breather on Wednesday as investors waited to see if the U.

Published 14 Dec, 2016 06:18am

Financial

South Korea won rises, but boxed in ahead of Fed; stocks flat

SEOUL: The South Korean won stepped up early on Tuesday but overall trade was thin ahead of a Federal Reserve policy meeting at which the US central bank is widely expected to hike rates for the first time this year.

Published 13 Dec, 2016 07:33am

Financial

China's yuan firms as state banks sell retreating dollar

HONG KONG: China's yuan on Tuesday firmed against the US dollar, which state-owned banks sold to support the Chinese currency, while the dollar fell against most major currencies on concerns it may have gained too much ahead of a Federal Reserve meeti

Published 13 Dec, 2016 06:52am

Financial

Sri Lanka rupee edges up on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended slightly firmer on Friday as exporter dollar sales surpassed demand for the greenback from state banks, dealers said.

Published 09 Dec, 2016 02:11pm

Financial

Sri Lanka rupee steady; exporter dollar sales offset bank demand

COLOMBO: The Sri Lankan rupee traded steady on Friday as exporter dollar sales offset demand for the greenback from state banks, dealers said.

Published 09 Dec, 2016 07:50am

Financial

China's yuan weakens on dollar demand after Nov drop in reserves

SHANGHAI: China's yuan weakened against the dollar on Thursday morning, weighed down by companies' demand for the US currency, traders said.

Published 08 Dec, 2016 09:43am

Financial

Asia FX pessimism ebbs on pause in dollar rally; yuan bearish bets near 2-month low

SINGAPORE: Sentiment towards emerging Asian currencies became less bearish in the last two weeks, a Reuters poll showed on Thursday, as the dollar pulled back from a sharp rally that followed Republican Donald Trump's surprise win in last month's

Published 08 Dec, 2016 08:34am

Financial

Euro edges higher, holds near 3-week high as focus shifts to ECB

SINGAPORE/TOKYO: The euro edged up and traded near a three-week high against the dollar on Thursday ahead of a European Central Bank policy decision, as the greenback lost momentum from the recent pull-back in U.

Published 08 Dec, 2016 08:22am

Financial

Sri Lankan rupee falls on importer dollar demand; stx flat

COLOMBO: The Sri Lankan rupee edged down on Monday, hurt by demand for dollar from importers on fears that economic policies of U.

Published 28 Nov, 2016 08:40am

Financial

China's yuan jumps on state bank buying, dollar weakness

SHANGHAI: State-owned Chinese banks sold dollars in the onshore spot market on Monday, in the wake of comments by a central banker that the yuan had the conditions to be stable and strong, two traders said.

Published 28 Nov, 2016 06:55am

Financial

Greenback retreats as Treasury yields dip, China banks seen selling dollars

SINGAPORE: Most emerging Asian currencies rose on Monday as the dollar retreated from a near 14-year high with sliding oil prices dragging US Treasury yields lower, while doubts remained over further appreciation in regional units.

Published 28 Nov, 2016 06:48am

Financial

Sri Lankan rupee falls on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Friday due to dollar demand from importers who fear the economic policies of US President-elect Donald Trump could lead to a rise in the greenback and interest rates.

Published 25 Nov, 2016 05:28pm

Financial

Australian, NZ dollars at multi-month peak versus yen as yields climb

SYDNEY/WELLINGTON: The Australian dollar jumped on the Japanese yen on Friday as investors piled positions in high-yielding currencies with Aussie bond yields near 11-month highs, tracking US Treasuries.

Published 25 Nov, 2016 07:47am

Financial

China's yuan firms but set to weaken for 3rd straight week

SHANGHAI: China's yuan was headed for its third straight week of losses against the dollar on Friday, despite trading a touch stronger in the morning.

Published 25 Nov, 2016 07:36am

Financial

Sri Lankan rupee edges down on importer dollar demand; stx up

COLOMBO: The Sri Lankan rupee was trading weaker on Friday due to dollar demand from importers who fear the economic policies of US President-elect Donald Trump could lead to a rise in the greenback and interest rates.

Published 25 Nov, 2016 07:10am

Financial

Indian rupee hits record low as emerging market rout intensifies

MUMBAI: The Indian rupee fell to a record low of 68.

Published 24 Nov, 2016 09:51am

Financial

Sri Lankan rupee steady as exporter dollar sales offset importer demand

COLOMBO: The Sri Lankan rupee was steady on Thursday as dollar selling by exporters offset demand for the U.

Published 24 Nov, 2016 09:49am

Financial

China banks seen selling dollars to brake yuan slide as key support level eyed

SHANGHAI: Chinese state-owned banks sold dollars on Thursday as the yuan inched toward the psychological 7-per-dollar level, a level not seen in more than eight years, traders said.

Published 24 Nov, 2016 07:03am

Financial

Growing US tightening fears rattle Asia FX; yuan hits 8-1/2-year low

SINGAPORE: Emerging Asian currencies skidded on Thursday as views grew that the Federal Reserve will tighten more aggressively given solid US economic data, adding to pressure from higher Treasury yields and fears over Washington's trade protectionism

Published 24 Nov, 2016 07:01am

Financial

Dollar firms after upbeat US data raises rate hike expectations

TOKYO: The dollar firmed in Asian trading on Thursday after data suggesting a pickup in US economic growth early in the fourth quarter increased chances of the Federal Reserve raising interest rates.

Published 24 Nov, 2016 06:57am

Financial

China weakens yuan-dollar rate below 6.9 mark

SHANGHAI: China weakened the yuan's reference rate to beyond 6.

Published 24 Nov, 2016 06:07am

Financial

Sri Lanka shares fall for 8th session; tax proposals weigh

COLOMBO: Sri Lankan shares extended falls to an eighth session on Wednesday, posting their lowest close since April 7, as investor sentiment was hit by budget tax proposals, including revisions in corporate and withholding taxes.

Published 23 Nov, 2016 03:54pm

Financial

Australia, NZ dollars buoyed by commodities, carry trades

SYDNEY/WELLINGTON: The Australian and New Zealand dollars edged up on Wednesday as less volatile markets, rising equities and bubbly commodities underpinned sentiment for carry trades.

Published 23 Nov, 2016 08:35am

Financial

Dollar clings near 13-1/2-year high, pauses after rally

SINGAPORE: The dollar hovered near a recent 13 1/2-year peak on Wednesday, taking a breather after surging on expectations that U.

Published 23 Nov, 2016 08:34am

Financial

US rate hike views enfeeble Asia FX; ringgit nears 14-month low

SINGAPORE: Most emerging Asian currencies eased on Wednesday as the dollar hovered around a 13-1/2-year peak and as expectations grew that the Federal Reserve may raise interest rates further next year after an expected hike in December.

Published 23 Nov, 2016 08:33am

Financial

China's offshore yuan hits record low as signs of capital flight rattle traders

SHANGHAI: China's yuan weakened in a volatile morning session on Wednesday, with the offshore yuan falling to a record-low as traders grappled with signs of accelerating capital outflows in the wake of Republican Donald Trump's US election win.

Published 23 Nov, 2016 08:28am

Financial

Sri Lankan rupee slips on importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker on Tuesday due to dollar demand from importers on fears that US President-elect Donald Trump's policies would lead to a rise in rates and the greenback.

Published 22 Nov, 2016 01:54pm

Financial

Sri Lankan rupee weaker on importer dollar demand; stocks down

COLOMBO: The Sri Lankan rupee was trading weaker on Tuesday due to dollar demand from importers on fears that the U.

Published 22 Nov, 2016 06:53am

Financial

South Korean won, stocks up as dollar weakens in global markets

SEOUL: The South Korean won and shares erased recent sharp losses on Tuesday as the greenback took a pause in global markets after its near 10-day rally.

Published 22 Nov, 2016 06:52am

Financial

South Korea won, stocks rise as greenback takes a pause

SEOUL: The South Korean won and shares both strengthened early on Tuesday as the US dollar took a breather as investors pocketed gains from the greenback's recent rally.

Published 22 Nov, 2016 06:35am

Financial

Australia, NZ dollars find relief as US juggernaut pauses

SYDNEY/WELLINGTON: The Australian and New Zealand dollars edged higher on Tuesday as their U.

Published 22 Nov, 2016 06:33am

Financial

Dollar retreats from 13 1/2-year high, pauses after rally

SINGAPORE/TOKYO: The dollar took a breather on Tuesday as investors consolidated the gains built on expectations of increased fiscal spending and higher inflation under a Trump administration.

Published 22 Nov, 2016 06:29am

Financial

Dollar retreat gives Asia FX short-lived painkiller; yuan rebounds

SINGAPORE: Most emerging Asian currencies rose on Tuesday as the dollar snapped its 10-day winning streak and investors took profit amid concerns over higher US Treasury yields and the growing risk of trade protectionism.

Published 22 Nov, 2016 06:26am

Financial

China's yuan pulls up, but still near 8-1/2-year lows; outlook bearish

SHANGHAI: China's yuan firmed against the dollar on Tuesday, but still hovered near 8-1/2-year lows, as the outlook for the greenback remained bullish after a relentless rally over the past several days in the wake of Republican Donald Trump's US

Published 22 Nov, 2016 05:54am

Financial

Sri Lankan rupee firmer after IMF loan

COLOMBO: The Sri Lankan rupee ended firmer on Monday as exporter dollar sales surpassed early greenback demand from importers on worries capital outflows would increase as incoming US President Donald Trump's policies were seen guiding US rates higher

Published 21 Nov, 2016 02:35pm

Financial

Asia FX hit by rising dollar, US yields; ringgit at 13-month low

SINGAPORE: Most emerging Asian currencies eased on Monday as the dollar stood tall on rising US Treasury yields and strengthening expectations for expansionary economic policies under a Trump administration.

Published 21 Nov, 2016 05:08am

Financial

China's yuan weakens to nearly 8-1/2 year lows

SHANGHAI: China's yuan weakened to near its lowest in 8 1/2 years on Monday, weighed down by the dollar's continuing strength as overseas investors bet the Trump administration will implement expansionary fiscal policies.

Published 21 Nov, 2016 05:04am

Financial

Sri Lankan rupee falls on capital outflow fears

COLOMBO: The Sri Lankan rupee ended weaker on Friday on persistent worries of capital outflows as incoming President Donald Trump's policies are seen aiding higher US interest rates and a strong dollar.

Published 18 Nov, 2016 01:50pm

Financial

Sri Lankan rupee edges down on capital outflow fears

COLOMBO: The Sri Lankan rupee fell on Friday on persistent worries of capital outflows as incoming President Donald Trump's policies are seen aiding higher US interest rates and a strong dollar.

Published 18 Nov, 2016 08:28am

Financial

Dollar hits 13-1/2 year high, US bond yields gain on Trump stimulus bets

TOKYO: The dollar sprinted to a more than 13-1/2 year high against a basket of major currencies on Friday and US debt yields hit near one-year highs on expectations that President-elect Donald Trump's policies will boost the US economy.

Published 18 Nov, 2016 08:06am

Financial

Sri Lankan rupee closes little changed amid capital outflow worries

COLOMBO: The Sri Lankan rupee ended little changed on Thursday amid persistent worries about capital outflows as incoming President Donald Trump's policies are seen aiding higher US interest rates and a stronger greenback, while dollar selling by a st

Published 17 Nov, 2016 03:20pm

Financial

Australia dollar falls on greenback strength, NZ$ climbs off floor

SYDNEY/WELLINGTON: The Australian dollar was pinned near two-month lows on Thursday as the greenback surged on bets inflation and interest rates will rise in the United States under President-elect Donald Trump.

Published 17 Nov, 2016 08:01am

Financial

South Korea won, stocks slip as investors show little appetite for risk

SEOUL: The South Korean won and shares eased early on Thursday as strong greenback dampened investor appetites for riskier assets.

Published 17 Nov, 2016 08:00am

Financial

China's yuan firms despite 10th straight weaker midpoint

HONG KONG: China's yuan firmed against the US dollar on Thursday even as the People's Bank of China set a weaker midpoint for the 10th consecutive day.

Published 17 Nov, 2016 07:50am

Financial

Ringgit leads Asia FX losses on Malaysian capital control fears

SINGAPORE: The Malaysian ringgit hit a 10-month low on Thursday with increasing fears of capital controls, while most other emerging Asian currencies eased ahead of US Federal Reserve Chair Janet Yellen's testimony later in the day.

Published 17 Nov, 2016 07:45am

Financial

Dollar stays near 13-1/2 year peak; BOJ bond operation weighs on yen

SINGAPORE/TOKYO: The dollar caught its breath on Thursday, after charging to a 13-1/2 year high against a basket of currencies on bets the Trump administration will adopt inflationary policies, while the yen sagged after a Bank of Japan bond-buying operat

Published 17 Nov, 2016 07:44am

Financial

Sri Lankan rupee slips on capital outflow fears; state bank dollar sales cap fall

COLOMBO: The Sri Lankan rupee edged lower on Thursday on persistent worries of capital outflows as incoming President Donald Trump's policies are seen aiding higher U.

Published 17 Nov, 2016 07:31am

Financial

Dollar slips off 11-month high; eyes on Trump, US yields

TOKYO/SINGAPORE: The dollar retreated from an 11-month high against a basket of currencies on Wednesday, taking a breather from a week-long rally driven by a rise in US bond yields after Donald Trump won the presidential election.

Published 16 Nov, 2016 09:04am

Financial

Australia, NZ dollars hold solid gains on yen and euro

SYDNEY: The Australian and New Zealand dollars probed multi-month peaks against the Japanese yen and the euro on Wednesday as a bounce in risk appetite saw investors amassing positions in high-yielding currencies.

Published 16 Nov, 2016 08:54am

Financial

Trade mixed despite dollar retreat; yuan hits 8-year low

SINGAPORE: Emerging Asian currencies were mixed on Wednesday as sentiment towards regional units stayed bearish on rising expectations of a US interest rate hike in a month's time.

Published 16 Nov, 2016 08:34am

Financial

Sri Lankan rupee falls on capital outflow fears; stocks weaker

COLOMBO: The Sri Lankan rupee was marginally weaker on Wednesday on fears that higher interest rates in the U.

Published 16 Nov, 2016 08:31am

Financial

Yuan falls to 8-year low as China-critic Trump prepares to take office

HONG KONG: China's yuan weakened to an eight-year low on Wednesday as expectations of higher US interest rates buoyed the dollar, putting Beijing's commitment to market-oriented reforms in the spotlight as fierce critic Donald Trump prepares to ta

Published 16 Nov, 2016 08:14am

Financial

China's yuan falls to near 8-year low as dollar advances

HONG KONG: China's yuan fell to its lowest level in nearly eight years and on Tuesday as the dollar climbed on expectations of higher interest rates under President-elect Donald Trump.

Published 15 Nov, 2016 08:09am

Financial

Dollar trades in sight of 13-1/2 year peak, US bond yields soar

TOKYO: The dollar traded within sight of its highest level in more than 13-1/2 years on Tuesday as bond yields soared on expectations that President-elect Donald Trump's economic policies will fuel inflation.

Published 15 Nov, 2016 07:56am

Financial

Fragile Asia FX rebound fails to ease rising US yield concerns

SINGAPORE: Most emerging Asian currencies edged up on Tuesday after their sharp sell-off, but the outlook for the region remains bearish as the dollar hovered around a 14-year peak on rising US Treasury yields.

Published 15 Nov, 2016 07:46am

Financial

Sri Lankan rupee eases on importer dollar demand

COLOMBO: The Sri Lankan rupee was slightly weaker on Tuesday on importer dollar demand and in line with declines in emerging market currencies that fell on investor fears that higher U.

Published 15 Nov, 2016 07:42am

Financial

South Korean won slightly higher, stocks edge down; Park woes deepen

SEOUL: The South Korean won ended a bit higher on Tuesday, recouping some of the losses from the past four sessions of decline as investors hunted for bargains.

Published 15 Nov, 2016 07:40am

Financial

NZD up 1.47pc in early Asia-Pacific trade

WELLINGTON: The New Zealand dollar rallied 1.47 percent to be quoted at $0.7293 in early Asia-Pacific trading on Thursda

Published 02 Nov, 2016 07:34pm

Financial

Australia dollar loses another bout with 77 cent barrier, NZ$ steady

SYDNEY/WELLINGTON: The Australian dollar ticked lower on Thursday as a two-day rally fizzled out in the face of stubborn

Published 27 Oct, 2016 06:37am

Financial

Aussie shines after inflation data, dollar retreats from highs

LONDON: The Australian dollar was an outperformer on Wednesday, bucking a broad risk averse environment in global market

Published 26 Oct, 2016 08:00am

Financial

Australia dollar holds line before CPI test, Kiwi muted

SYDNEY/WELLINGTON: The Australian dollar held steady on Tuesday ahead of inflation data that is expected to dim prospect

Published 25 Oct, 2016 06:59am

Financial

Australian, NZ dollars lose ground on Fed rate bets

SYDNEY/WELLINGTON: The Australian dollar was a touch weaker on Monday after hefty losses in the last two sessions on gro

Published 24 Oct, 2016 06:40am

Financial

Australia dollar snaps 6-day rally on jobs blow, NZ$ climbs

SYDNEY/WELLINGTON: The Australian dollar came off a six-week high on Thursday after a surprisingly weak employment repor

Published 20 Oct, 2016 08:11am

Financial

Australia, NZ dollars climb as risk-on mood lingers

SYDNEY/WELLINGTON: The Australian and New Zealand dollars jumped on Tuesday on rising appetite for the high-yielding cur

Published 18 Oct, 2016 07:04am

Financial

Australia dollar slips on weak China data, NZ$ at 2-1/2 month lows

SYDNEY: The Australian dollar slipped on Thursday as data showing a sharp decline in Chinese exports fuelled a broader r

Published 13 Oct, 2016 06:49am

Financial

Australian dollar rises on strong retail sales, NZ$ at 7-week lows

SYDNEY/WELLINGTON: The Australian dollar edged ahead on Wednesday as investors cheered better-than-expected retail sales

Published 05 Oct, 2016 07:28am

Financial

Australian dollars unruffled by RBA, kiwi slightly firmer

SYDNEY/WELLINGTON: The Australian dollar held near one-month highs as investors shrugged off a widely expected move by t

Published 04 Oct, 2016 06:55am

Financial

Australia, NZ dollars mark time before Tuesday's RBA policy review

SYDNEY/WELLINGTON: The Australian and New Zealand dollars marked time on Monday as global sentiment remained hostage to

Published 03 Oct, 2016 06:47am

Financial

Australia, NZ dollars rise as oil prices rally

SYDNEY/WELLINGTON: The Australian dollar climbed to a three-week high on Thursday, making its fourth straight day of gai

Published 29 Sep, 2016 07:13am

Financial

Australia, NZ dollars rise as markets judge Clinton winner in US debate

SYDNEY/WELLINGTON: The Australian dollar bounced from early losses on Tuesday as investors seemed to judge Democrat Hill

Published 27 Sep, 2016 07:01am

Financial

Australia, NZ dollars inch higher, eyes on cenbank meetings

SYDNEY/WELLINGTON: The Australian dollar briefly nudged higher on Tuesday after the country's central bank hinted at

Published 20 Sep, 2016 07:13am

Financial

Australian dollar near 1-week high; Fed and BOJ in focus

SYDNEY/WELLINGTON: The Australian dollar traded near one-week highs on Monday as its U.S counterpart slipped with few ex

Published 19 Sep, 2016 07:51am

Financial

Australia dollar slightly firmer after China data, NZ dollar up

SYDNEY/WELLINGTON: The Australian dollar got a small lift on Thursday after China's August imports unexpectedly rose

Published 08 Sep, 2016 07:43am

Financial

Australian dollar pauses after 5-day rally; NZ firm

SYDNEY/WELLINGTON: The Australian dollar paused on Wednesday after a strong rally overnight as downbeat economic figures

Published 07 Sep, 2016 06:29am

Financial

Australian dollar near 1-month lows, NZD boosted by business confidence

SYDNEY/WELLINGTON: The Australian dollar traded near one-month lows on Wednesday after upbeat U.S. data added to the ris

Published 31 Aug, 2016 09:19am

Financial

Australia, NZ dollars fall on US rate concerns, then pare losses

SYDNEY/WELLINGTON: The Australian dollar fell to its lowest level in nearly a month after traders wagered on a U.S. inte

Published 29 Aug, 2016 06:54am

Financial

Australia, NZ dollars slide on negative outlook for bank ratings

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were knocked lower on Friday after ratings agency Moody's

Published 19 Aug, 2016 07:11am

Financial

Australia, NZ dollars rally on jobs report, Fed

SYDNEY/WELLINGTON: The Australian dollar received a fillip on Thursday after better-than-expected domestic jobs figures

Published 18 Aug, 2016 12:01pm

Financial

Australia dollar steady near 3-week high, NZ$ falls

SYDNEY/WELLINGTON: The Australian dollar held onto recent gains on Monday, staying near a three-week high as investors s

Published 08 Aug, 2016 07:19am

Financial

Australia dollar up on sterling ahead of BoE; NZ$ off lows

SYDNEY/WELLINGTON: The Australian dollar gained on the British pound on Thursday as investors braced for a Bank of Engla

Published 04 Aug, 2016 06:33am

Financial

Australia dollar holds ground as yield chase continues

SYDNEY/WELLINGTON: The Australian dollar held its gains on Wednesday as yield-hungry investors continued to pour money i

Published 03 Aug, 2016 06:46am

Financial

Australian dollar defies rate cut, NZ$ looks to global dairy auction

SYDNEY/WELLINGTON: The Australian dollar proved remarkably resilient on Tuesday as investors brushed aside a cut in rate

Published 02 Aug, 2016 08:30am

Financial

Australia dollar set for worst week in 2-1/2 months; NZ$ ailing

SYDNEY/WELLINGTON: The Australian dollar appeared to be heading for its largest weekly fall in 2-1/2 months on Friday as

Published 22 Jul, 2016 07:25am

Financial

New Zealand dollar tumbles 1pc on RBNZ statement

WELLINGTON: The New Zealand dollar was trading 1 percent lower at US$0.6954 after the central bank signalled more rate

Published 20 Jul, 2016 10:34pm

Financial

Australian dollar boosted by jobs news, NZ$ hit by rate cut talk

SYDNEY/WELLINGTON: The Australian dollar inched higher on Thursday after domestic data showed an encouraging jump in ful

Published 14 Jul, 2016 06:48am

Financial

Australia, NZ dollars hold gains as commodities rally

SYDNEY/WELLINGTON: The Australian dollar held firm on Wednesday after hitting a three-month top, while its New Zealand c

Published 13 Jul, 2016 06:37am

Financial

Australia, NZ dollar slightly higher after losing ground overnight

WELLINGTON: The Australian and New Zealand dollars were slightly higher Tuesday, paring some overnight losses after the

Published 12 Jul, 2016 06:29am

Financial

NZ dollar pauses after impressive rally, AUD lags

SYDNEY/WELLINGTON: The New Zealand dollar took a small step back from one-year highs against the greenback and euro on M

Published 11 Jul, 2016 06:33am

Financial

Australia dollar subdued, RBA provides the briefest of boosts

SYDNEY/WELLINGTON: The Australian dollar staged a fleeting rally on Tuesday after the central bank gave no clear guidanc

Published 05 Jul, 2016 06:24am

Financial

Aussie dollar bounces back after initial wobble on post-vote uncertainty

SYDNEY/WELLINGTON: The Australian dollar staged an impressive rebound on Monday, after slumping as much as a cent follow

Published 04 Jul, 2016 05:27am

Financial

Australia, NZ dollars hold onto hefty gains for June

SYDNEY/WELLINGTON: The Australian and New Zealand dollars found support on Thursday as the global appetite for risk asse

Published 30 Jun, 2016 05:19am

Financial

Australia, NZ stocks finish up as hopes of stimulus soothe Brexit fears

MELBOURNE: Australian shares climbed 0.8 percent on Wednesday as global markets regained some semblance of stability fol

Published 29 Jun, 2016 08:06am

Financial

Australia, NZ dollars steadier as some semblance of calm returns

SYDNEY/WELLINGTON: The Australian and New Zealand dollars stayed defensive on Monday but without the stomach-churning vo

Published 27 Jun, 2016 04:56am

Financial

Australia, NZ dollar bulls pin hopes on Britain staying in EU

SYDNEY/WELLINGTON: The Australian and New Zealand dollars stayed firm on Thursday, with the kiwi a whisker short of a on

Published 23 Jun, 2016 07:47am

Financial

Chirpy Aussie dollar flirts with 75 cents, kiwi muted

SYDNEY/WELLINGTON: The Australian dollar flirted with a two-week high near 75 U.S. cents on Tuesday, after the country&#

Published 21 Jun, 2016 10:07am

Financial

India markets fall after RBI Rajan's surprise move to quit in September

NEW DELHI/MUMBAI: India's rupee fell to a near one-month low and bonds weakened on Monday after central bank governo

Published 20 Jun, 2016 07:56am

Financial

South Korean won, stocks hit 1-week highs, investors rediscover risk appetite

SEOUL: The South Korean won and shares strengthened to one-week highs on Monday as investors rediscovered their appetite

Published 20 Jun, 2016 06:43am

Financial

Sterling rallies as polls favour Britain remaining in EU, yen slips

TOKYO/SYDNEY: Sterling rallied on Monday as opinion polls swung in favour of British voters opting to remain in the Euro

Published 20 Jun, 2016 06:43am

Financial

Sri Lankan rupee 1-week forwards weaker on importer dollar demand

COLOMBO: Sri Lankan rupee one-week forwards traded weaker on Monday due to importer dollar demand while dealers said the

Published 20 Jun, 2016 06:42am

Financial

South Korea won, shares rise as Brexit worries fade

SEOUL: The South Korean won and shares rose early on Monday as improved prospects for Britain to remain in the European

Published 20 Jun, 2016 05:25am

Financial

Sterling rallies as polls favour Britain remaining in EU, yen sags

TOKYO/SYDNEY: Sterling rallied on Monday as opinion polls swung in favour of British voters opting to remain in the Euro

Published 20 Jun, 2016 05:20am

Financial

Australia, NZ dollars rise as Brexit anxiety eases slightly

SYDNEY/WELLINGTON: The Australian and New Zealand dollars rose against the greenback and yen on Monday, underpinned by i

Published 20 Jun, 2016 05:16am

Financial

India markets fall after RBI Rajan's surprise move to quit in Sept

NEW DELHI/MUMBAI: India's rupee slipped to its weakest in nearly a month, while stocks fell and bond yields rose aft

Published 20 Jun, 2016 05:10am

Financial

China's yuan firms as dollar falls, eyes on Britain's EU referendum

SHANGHAI: China's yuan strengthened versus the dollar on Monday, buoyed by a fall for the greenback in global market

Published 20 Jun, 2016 05:08am

Financial

Pound extends rally in Asia as Brexit fears ease

TOKYO: The pound extended its rally in Asian trade Monday as investors swung their bets to Britain voting to remain in t

Published 20 Jun, 2016 04:51am

Financial

Sri Lankan rupee 1 week forwards end weaker on importer dollar demand

COLOMBO: Sri Lankan rupee one-week forwards ended weaker on Friday due to mild dollar demand from importers while dealer

Published 17 Jun, 2016 01:26pm

Financial

Most Asian currencies down on the week on Brexit jitters

SINGAPORE: Asian currencies were generally steady versus the dollar on Friday, but most were on track for weekly losses

Published 17 Jun, 2016 08:47am

Financial

Pound recovers as British anti-EU vote hit by MP shooting

TOKYO: The pound rose with Asian stocks Friday after the previous day's selloff, as the killing of a British lawmake

Published 17 Jun, 2016 06:47am

Financial

Sri Lankan shares end 1pc lower on move to tax capital gains

COLOMBO: Sri Lankan shares fell 1 percent on Thursday to hit their lowest closing level in more than seven weeks as conc

Published 16 Jun, 2016 01:24pm

Financial

Sri Lankan rupee 1 week forwards edge up; dollar demand weighs

COLOMBO: Sri Lankan rupee one-week forwards ended slightly firmer on Thursday amid dollar demand by importers and foreig

Published 16 Jun, 2016 01:11pm

Financial

China's yuan holds above 5-year lows, modest declines seen this year

HONG KONG/SHANGHAI: China's yuan held above recent five-year lows on Thursday as a more cautious U.S. interest rate

Published 16 Jun, 2016 10:24am

Financial

Yen surges broadly as BOJ holds off from easing

SINGAPORE: The dollar hit a 21-month low against the yen on Thursday as the yen surged broadly after the Bank of Japan h

Published 16 Jun, 2016 06:54am

Financial

Brexit fears pare gains made on Fed talk; down vs yen on BOJ

SINGAPORE: Most emerging Asian currencies edged up on Thursday after the US Federal Reserve signalled a cautious approac

Published 16 Jun, 2016 06:53am

Financial

Sri Lankan rupee 1-week forwards little changed; dollar demand weighs

COLOMBO: Sri Lankan rupee one-week forwards were little changed on Thursday amid dollar demand by importers and foreign

Published 16 Jun, 2016 06:43am

Financial

South Korea won nearly steady after Fed as Brexit eyed; stocks down

SEOUL: The South Korean won was trading nearly flat early on Thursday after the US Federal Reserve held rates for anothe

Published 16 Jun, 2016 05:40am

Financial

Dollar slides vs yen after BOJ holds off from easing

SINGAPORE: The dollar slid to a 21-month low against the yen on Thursday as the yen surged after the Bank of Japan held

Published 16 Jun, 2016 05:34am

Financial

China's yuan steady after rally, Fed caution keeps dollar pressured

SHANGHAI: China's yuan was steady against the dollar on Thursday after late-trade driven solid gains the previous da

Published 16 Jun, 2016 05:31am

Financial

China's yuan steady after rally, Fed caution keeps dollar pressured

SHANGHAI: China's yuan was steady against the dollar on Thursday after late-trade driven solid gains the previous da

Published 16 Jun, 2016 05:31am

Financial

Australia dollar hold gains after jobs and Fed, NZ dollar boosted by GDP

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held gains against the greenback on Thursday, buoyed by better

Published 16 Jun, 2016 05:29am

Financial

Yen soars to 21-month dollar high as BoJ holds fire on stimulus

TOKYO: The yen on Thursday powered to a 21-month high against the dollar after the Bank of Japan held fire on fresh stim

Published 16 Jun, 2016 05:14am

Financial

Yen soars as BoJ holds fire on stimulus

TOKYO: The yen on Thursday powered to a 21-month high against the dollar after the Bank of Japan held fire on fresh stim

Published 16 Jun, 2016 05:11am

Financial

Sri Lankan rupee 1 week forwards dip on foreign investor, importer demand

COLOMBO: Sri Lankan rupee one-week forwards edged down on Wednesday led by dollar demand by importers and foreigners aft

Published 15 Jun, 2016 01:24pm

Financial

China loosens forex rules on overseas debt funds

BEIJING: China will allow companies across the country more leeway in converting funds raised from overseas debt markets

Published 15 Jun, 2016 12:08pm

Financial

Sri Lankan rupee forwards dip on foreign investor, importer demand

COLOMBO: Sri Lankan rupee forwards edged down on Wednesday led by dollar demand by importers and foreigners after the re

Published 15 Jun, 2016 11:35am

Financial

Asia FX weakens on Brexit jitters, Fed; yuan hits 5-year low

SINGAPORE: Most emerging Asian currencies slumped on Wednesday, as growing Brexit fears dampened risk appetite while inv

Published 15 Jun, 2016 06:37am

Financial

Dollar ticks up ahead of Fed meeting outcome

TOKYO: The dollar edged higher Wednesday as the US central bank winds up its two-day policy meeting, but anxiety over Br

Published 15 Jun, 2016 05:52am

Financial

Australia, NZ dollar subdued on weak commodities, Brexit worries

SYDNEY/WELLINGTON: The Australian and New Zealand dollars sagged on Wednesday, weighed by falling commodity prices and t

Published 15 Jun, 2016 05:35am

Financial

South Korea won slips as safehaven demand rises on Brexit fears and Fed

SEOUL: The South Korean won fell early on Wednesday as investors continued their purchases of safehaven assets on Brexit

Published 15 Jun, 2016 05:30am

Financial

Negative bund yields pressure euro, Brexit vote looms, eyes on Fed

TOKYO: The euro nursed losses against the dollar on Wednesday as the benchmark German government bond yield turned negat

Published 15 Jun, 2016 05:27am

Financial

China's yuan hits 5-year low as Brexit fears roil global currency markets

SHANGHAI: The yuan hit a more than five-year low against the dollar on Wednesday as the greenback firmed amid growing fe

Published 15 Jun, 2016 05:18am

Financial

Sri Lankan rupee forwards end little changed; spot not traded

COLOMBO: Sri Lankan rupee forwards ended little changed on Tuesday, with some importer dollar demand emerging after a sh

Published 14 Jun, 2016 01:59pm

Financial

Sri Lankan rupee forwards little changed amid rising importer dollar demand

COLOMBO: Sri Lankan rupee forwards were little changed on Tuesday as demand for dollars from importers increased after a

Published 14 Jun, 2016 08:49am

Financial

Pound at two-month low, yen jumps on Brexit fears

TOKYO: The pound was at two month lows on Tuesday as worries over Britain voting to leave the European Union bolstered d

Published 14 Jun, 2016 06:43am

Financial

Australia, NZ dollars resilient to jitters over Brexit

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held their ground on Tuesday as their relatively high yielding

Published 14 Jun, 2016 06:11am

Financial

South Korea won flat, stocks down ahead of Fed decision

SEOUL: The South Korean won was flat early on Tuesday, and was expected to move narrowly as investors await the outcome

Published 14 Jun, 2016 06:10am

Financial

China's yuan inches lower on dollar demand ahead of Fed meeting

SHANGHAI: The yuan eased on Tuesday, pressured by robust dollar demand from corporate clients as the market turns its at

Published 14 Jun, 2016 06:02am

Financial

Pound wobbly, yen edges higher on mounting Brexit worries

TOKYO/SINGAPORE: The British pound remained fragile near a two-month low against the dollar on Tuesday and the yen hover

Published 14 Jun, 2016 05:54am

Financial

Brexit, Fed jitters lock in Asia FX; dips vs yen

SINGAPORE: Emerging Asian currencies on Tuesday took a breather as the US Federal Reserve starts a two-day policy meetin

Published 14 Jun, 2016 05:51am

Financial

Sri Lankan rupee up; exporter dollar sales outpace importer demand

COLOMBO: Sri Lankan rupee forwards ended higher on Monday as dollar conversions by foreign investors and exporters outpa

Published 13 Jun, 2016 12:27pm

Financial

Brexit, Fed caution dampen Asia FX; lose ground vs yen

SINGAPORE: Most emerging Asian currencies fell on Monday as anxiety grew ahead of a referendum of Britain's potentia

Published 13 Jun, 2016 06:36am

Financial

Sterling falls to 8-week low on Brexit anxiety, yen surges

TOKYO: The British pound fell to an eight-week low against the dollar and a three-year low against the yen on Monday as

Published 13 Jun, 2016 06:31am

Financial

Pound at two-month low on British EU exit fears

TOKYO: The pound dropped to a two-month low and the yen rallied Monday as jittery investors shifted into safer assets on

Published 13 Jun, 2016 06:08am

Financial

Sterling falls to 8-week low on Brexit anxiety, yen gains broadly

TOKYO: The British pound fell to an eight-week low against the dollar on Monday ahead of a referendum that could pull Br

Published 13 Jun, 2016 05:28am

Financial

Australia, NZ dollar steady but markets jittery over Brexit, Fed

WELLINGTON: The Australian and New Zealand dollars held steady on Monday as investors avoided taking major positions ami

Published 13 Jun, 2016 05:26am

Financial

China's yuan weakens, market awaits Fed, MSCI decisions

SHANGHAI: The yuan edged lower against the dollar as it resumed trading on Monday after an extended holiday weekend, pre

Published 13 Jun, 2016 05:16am

Financial

China's yuan trade system to open branches in London, New York

SHANGHAI: China's state-owned currency marketplace said on Sunday it was preparing to open branches in London and Ne

Published 12 Jun, 2016 05:15pm

Financial

Sri Lankan rupee rises on dollar conversions by exporters

COLOMBO: Sri Lankan rupee forwards rose on Friday as dollar conversions by foreign investors and banks surpassed importe

Published 10 Jun, 2016 11:49am

Financial

South Korean won, stocks weaken on dollar strength, but mark weekly gain

SEOUL: The South Korean won extended losses on Friday as the dollar strengthened broadly, but finished the week in posit

Published 10 Jun, 2016 08:19am

Financial

Sri Lankan rupee up as exporters, foreign investors convert dollars

COLOMBO: Sri Lankan rupee forwards edged up on Friday as dollar conversions by foreign investors and exporters surpassed

Published 10 Jun, 2016 08:16am

Financial

Yen rises as Fed meeting, Brexit fears stoke flight to safety

TOKYO: The yen strengthened Friday in Asia as investors shifted into safer investments ahead of central bank meetings in

Published 10 Jun, 2016 07:18am

Financial

Sri Lankan rupee rises on dollar conversions by exporters, banks

COLOMBO: Sri Lankan rupee forwards edged up on Thursday as dollar conversions by exporters and banks surpassed demand fo

Published 09 Jun, 2016 01:38pm

Financial

Sri Lankan rupee forwards edge up on exporter, bank dollar conversions

COLOMBO: Sri Lankan rupee forwards edged up on Thursday as dollar conversions by exporters and banks surpassed importer

Published 09 Jun, 2016 07:36am

Financial

South Korea rate cut dents won; Asia FX rides up on weak dollar

SINGAPORE: South Korea's won edged up but underperformed some emerging Asian currencies as the central bank unexpect

Published 09 Jun, 2016 07:12am

Financial

South Korean won pares some gains on rate cut, stocks reverse

SEOUL: The South Korean won closed nearly steady on Thursday after giving up earlier gains, reacting to the Bank of Kore

Published 09 Jun, 2016 07:05am

Financial

Kiwi hits year high, dollar down on fading rate-hike hopes

TOKYO: New Zealand's currency surged to a year high Thursday after the central bank left rates unchanged, while the

Published 09 Jun, 2016 06:38am

Financial

South Korea won fluctuates after the BOK cuts rates; stocks at 2016 high

SEOUL: The South Korean won fluctuated on Thursday morning after the Bank of Korea unexpectedly cut rates to a record lo

Published 09 Jun, 2016 06:20am

Financial

NZ dollar surges after RBNZ disappoints bears and doves

SYDNEY: The New Zealand dollar soared to its highest in a year on Thursday after the Reserve Bank of New Zealand (RBNZ)

Published 09 Jun, 2016 06:16am

Financial

New Zealand dollar surges on RBNZ surprise, greenback dips

SINGAPORE/TOKYO: The New Zealand dollar took centre stage on Thursday, surging to a one-year high after the Reserve Bank

Published 09 Jun, 2016 05:16am

Financial

Soft dollar supports Asia FX; China imports fuel some optimism

SINGAPORE: Most emerging Asian currencies rose on Wednesday as traders continued to unwind bearish bets on the US dollar

Published 08 Jun, 2016 07:55am

Financial

Dollar slips with focus on US, Japan central bank meetings

TOKYO: The dollar fell Wednesday as hopes for a Federal Reserve interest rate hike this month continued to fade, with US

Published 08 Jun, 2016 07:05am

Financial

South Korea won climbs to 5-week high on risk-on mood, stocks wobble

SEOUL: The South Korean won rose to its strongest intraday level in five weeks on Wednesday, as a weak US dollar and ris

Published 08 Jun, 2016 06:57am

Financial

Australia, NZ dollars near 1-month highs, RBNZ in focus

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held near one-month peaks on Wednesday, buoyed by monetary pol

Published 08 Jun, 2016 06:35am

Financial

China's yuan firms ahead of holiday, takes trade data in stride

SHANGHAI: The yuan edged up against the dollar on Wednesday on position adjustments ahead of the holiday weekend and due

Published 08 Jun, 2016 06:24am

Financial

Dollar index drifts to fresh 4-week lows

TOKYO: The dollar plumbed a fresh four-week trough against a basket of currencies on Wednesday, though better-than-expec

Published 08 Jun, 2016 06:18am

Financial

Sri Lankan rupee ends firmer on IMF loan, inflow hopes

COLOMBO: The Sri Lankan rupee ended firmer on Tuesday as dollar conversions by exporters and banks outpaced importer dem

Published 07 Jun, 2016 01:13pm

Financial

China forex reserves fall to lowest level since 2011

SHANGHAI: China's foreign exchange reserves fell to $3.19 trillion in May, the central bank said Tuesday, marking th

Published 07 Jun, 2016 12:25pm

Financial

Sri Lankan rupee trades steady; seen rising on IMF loan, inflows

COLOMBO: The Sri Lankan rupee traded steady on Tuesday as dollar conversions by exporters were offset by dollar demand b

Published 07 Jun, 2016 08:30am

Financial

Australian dollar jumps 1pc after shift in tone from RBA

LONDON: The Australian dollar gained 1 percent against its U.S. counterpart on Tuesday after the Reserve Bank of Austral

Published 07 Jun, 2016 08:28am

Financial

South Korea won, stocks jump to multi-week highs on Yellen remarks

SEOUL: The South Korean won and shares leapt to their highest levels in more than a month on Tuesday morning as comments

Published 07 Jun, 2016 07:33am

Financial

Yellen caution pushes Asia FX higher but sliding yuan limits gains

SINGAPORE: Most emerging Asian currencies extended gains on Tuesday after Federal Reserve Chair Janet Yellen's cauti

Published 07 Jun, 2016 07:16am

Financial

Dollar wallows near 4-week lows as Yellen sounds cautious note

TOKYO: The dollar edged up but still wallowed close to four-week lows against a basket of currencies on Tuesday, after F

Published 07 Jun, 2016 07:15am

Financial

Australia dollar powers up after RBA squeezes doves

SYDNEY/WELLINGTON: The Australian dollar climbed to a one-month high on Tuesday after the Reserve Bank of Australia'

Published 07 Jun, 2016 07:09am

Financial

South Korean won, stocks end at multi-week highs as Fed turns cautious again

SEOUL: The South Korean won finished near a four-week high on Tuesday after comments by Federal Reserve Chair Janet Yell

Published 07 Jun, 2016 06:45am

Financial

China's yuan eases as corporate dollar demand offsets suspected intervention

SHANGHAI: The yuan edged lower against the dollar on Tuesday, as companies bought the greenback hovering near four-week

Published 07 Jun, 2016 06:30am

Financial

Emerging currencies rise after Yellen comments

TOKYO: Emerging market currencies rallied Tuesday after Federal Reserve boss Janet Yellen said any interest rate rise wo

Published 07 Jun, 2016 05:41am

Financial

Sri Lankan rupee, stocks firm up as IMF approves $1.5bn loan

COLOMBO: Sri Lankan stocks and currency gained on Monday as investor sentiment got a boost after the International Monet

Published 06 Jun, 2016 07:51am

Financial

Disappointing US jobs data powers Asia FX; Yellen next focus

SINGAPORE: Most emerging Asian currencies rallied on Monday as disappointing US jobs data dashed expectations of an immi

Published 06 Jun, 2016 07:42am

Financial

Emerging currencies rally on shock US jobs data

TOKYO: Emerging currencies surged against the dollar Monday as last week's dismal US jobs data reignited worries abo

Published 06 Jun, 2016 06:56am

Financial

Dollar bulls bruised by payrolls blow, Yellen in focus

SYDNEY/TOKYO: The dollar languished at more than three-week lows against a basket of major currencies on Monday after a

Published 06 Jun, 2016 06:30am

Financial

Australia, NZ dollar run into profit-taking, caution ahead of RBA

SYDNEY: The Australian and New Zealand dollars ran into profit-taking on Monday as sharp weekly gains left the currencie

Published 06 Jun, 2016 06:28am

Financial

China's yuan weakens on strong corporate dollar demand as greenback tumbles

SHANGHAI: The yuan eased on Monday as companies rushed to buy dollars after a disappointing job report cast doubt on a p

Published 06 Jun, 2016 06:27am

Financial

Sri Lankan rupee forwards end firmer on state bank dollar sales

COLOMBO: Sri Lankan rupee forwards ended firmer on Friday as a state-owned bank sold dollars to select traders amid mora

Published 03 Jun, 2016 12:46pm

Financial

Australia, NZ dollars calm, set to post weekly gains

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held steady, having proved resilient to broad US dollar streng

Published 03 Jun, 2016 11:34am

Financial

China's yuan eases as poll shows the currency to weaken further

SHANGHAI: The yuan eased against the dollar on Friday as a Reuters poll showed the Chinese currency wass expected to wea

Published 03 Jun, 2016 11:31am

Financial

Dollar edges down ahead of US jobs report

TOKYO: The dollar edged lower Friday as traders focus on US jobs data later in the day that will help the Federal Reserv

Published 03 Jun, 2016 08:24am

Financial

Rupiah recovers earlier losses from S&P's Indonesia rating; Asia FX up

SINGAPORE: The Indonesian rupiah recovered after falling to a four-month low on Thursday, hit after Standard & Poor&

Published 02 Jun, 2016 08:26am

Financial

Yen rallies on worries over economy, Britain's EU future

TOKYO: The yen rallied Thursday on worries about the Japanese economy and uncertainty over Britain's future in the E

Published 02 Jun, 2016 07:55am

Financial

Australia dollar dips on yen buying, but dairy supports NZ dollar

SYDNEY/WELLINGTON: The Australian dollar retreated from two-week highs on Thursday as sluggish factory activity across t

Published 02 Jun, 2016 07:10am

Financial

Yuan firms after US Treasury says to press China on FX policy

SHANGHAI: China's yuan firmed against the dollar on Thursday, as the greenback broadly fell in global markets and th

Published 02 Jun, 2016 07:04am

Financial

Sri Lankan rupee forwards slightly firmer on bank dollar sales

COLOMBO: Sri Lankan rupee forwards edged up on Thursday as banks, led by state-owned lenders, sold dollars amid light de

Published 02 Jun, 2016 06:59am

Financial

South Korean won at 1-week high as exporters sell dollars, stocks firmer

SEOUL: The South Korean won extended gains on Thursday and finished at its highest level in a week as exporting companie

Published 02 Jun, 2016 06:51am

Financial

Dollar stays on defensive vs yen, sets 2-week low

SINGAPORE: The dollar touched a two-week low against the yen on Thursday, weighed down by ongoing uncertainty over wheth

Published 02 Jun, 2016 06:50am

Financial

Yen surges on Brexit fears, Tokyo delay on sales tax hike

TOKYO: The yen surged Wednesday as market sentiment soured on growing fears that Britain may leave the European Union an

Published 01 Jun, 2016 08:03am

Financial

Australia dollar jumps, bonds retreat after GDP stunner

SYDNEY/WELLINGTON: The Australian dollar powered up on Wednesday after economic growth easily beat expectations, prompti

Published 01 Jun, 2016 07:40am

Financial

South Korea won, stocks up slightly eyeing US Fed

SEOUL: The South Korean won and shares rose marginally early on Wednesday as mixed US economic data revived market jitte

Published 01 Jun, 2016 07:38am

Financial

China's yuan nears 5-year low as dollar strength persists

SHANGHAI: China's yuan edged down against the dollar on Wednesday, approaching its lowest reading since early 2011,

Published 01 Jun, 2016 07:30am

Financial

Dollar sits below 2-month high; Aussie buoyed by solid GDP

SINGAPORE/TOKYO: The dollar sat just below a two-month high against a basket of major currencies on Wednesday after a mi

Published 01 Jun, 2016 07:25am

Financial

Falling yuan, soft China PMIs drag emerging Asian FX lower

SINGAPORE: Most emerging Asian currencies turned weaker on Wednesday with China's yuan near a five-year low as soft

Published 01 Jun, 2016 06:24am

Financial

Yuan posts 2nd biggest monthly fall as Fed rate view heats up dollar

SHANGHAI: The yuan posted its second largest monthly fall on record against the dollar on Tuesday after the central bank

Published 31 May, 2016 09:36am

Financial

Australia dollar cheered by upbeat data, bond yields rise

SYDNEY/WELLINGTON: The Australian dollar rebounded from three-month lows and bond prices fell on Tuesday following encou

Published 31 May, 2016 06:35am

Financial

China's yuan weakens as Fed rate hike expectations grow

SHANGHAI: The yuan edged lower against the dollar on Tuesday, on track for it second largest monthly fall on record, aft

Published 31 May, 2016 06:29am

Financial

Dollar ticks up on rate-hike talk, exports lift Aussie

TOKYO: The dollar edged higher against the yen and euro Tuesday as traders weighed the impact of a likely US interest ra

Published 31 May, 2016 05:50am

Financial

Sri Lankan rupee forwards end weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Monday on dollar demand from importers amid fears the currency could

Published 30 May, 2016 11:58am

Financial

Sri Lankan rupee forwards steady; stocks down

COLOMBO: Sri Lankan rupee forwards were steady on Friday in dull trading amid fears that the currency would weaken if th

Published 27 May, 2016 09:50am

Financial

Yen edges up after G7 vows against forex market intervention

TOKYO: The yen ticked up in thin trading against the dollar and euro Friday after the G7 reaffirmed previous commitments

Published 27 May, 2016 08:03am

Financial

China's yuan firms on stronger midpoint as dollar retreats

SHANGHAI: The yuan edged up against the dollar on Thursday, after the central bank fixed a firmer midpoint as the dollar

Published 26 May, 2016 02:10pm

Financial

Yen soars as jittery markets await Yellen, Japan tax decision

TOKYO: The yen surged on Thursday, taking some of the wind out of the sails of the recently buoyant dollar and prompting

Published 26 May, 2016 02:07pm

Financial

Mystery yen jump turns back dollar rally

LONDON: An early surge in the yen in Asia on Thursday put a dampener on any further progress for the dollar after a bull

Published 26 May, 2016 09:04am

Financial

Malaysian ringgit leads emerging units higher as oil rises

TOKYO: Higher-yielding currencies in Asia moved higher against the dollar Thursday, as sentiment in emerging markets pic

Published 26 May, 2016 07:47am

Financial

Sri Lankan rupee forwards down on importer dollar demand; stocks up

COLOMBO: Sri Lankan rupee forwards edged down on Wednesday due to importer dollar demand amid expectations that the curr

Published 25 May, 2016 09:33am

Financial

Yuan weakens, midpoint set at 5-year low as bets on Fed rate hike increase

SHANGHAI: The yuan eased to within a whisker of its early February trough on Wednesday, after the central bank fixed the

Published 25 May, 2016 08:17am

Financial

Strong equities support Asia FX; yuan, Fed rate view check gains

SINGAPORE: Most emerging Asian currencies rose on Wednesday, tracking stronger equities, while a weak Chinese yuan and e

Published 25 May, 2016 08:16am

Financial

Dollar edges lower, remains underpinned by robust US housing data

TOKYO: The dollar hit a two-month peak against its basket of peer currencies on Wednesday, boosted by robust US housing

Published 25 May, 2016 08:07am

Financial

Sri Lankan rupee forwards end weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Tuesday as dollar demand from importers offset selling by banks, amid

Published 24 May, 2016 01:38pm

Financial

Aussie tumbles on talk of more interest rate cuts

LONDON: The Australian dollar fell to a 2-1/2-month low on Tuesday on talk that the Reserve Bank of Australia (RBA) migh

Published 24 May, 2016 09:32am

Financial

Emerging currencies tumble on sinking sentiment

TOKYO: Emerging Asian currencies, from the Malaysian ringgit to the South Korean won, weakened Tuesday as falling oil pr

Published 24 May, 2016 08:38am

Financial

Yen picks up after G7 currency clash

TOKYO: The yen picked up Monday after the G7 wagged its finger at Japan over threats to weaken its currency, reminding T

Published 23 May, 2016 08:43am

Financial

US presses Japan on forex market intervention threat

SENDAI: US Treasury Secretary Jacob Lew kept up the pressure on Japan Saturday not to devalue its currency after repeate

Published 21 May, 2016 09:35am

Financial

Dollar firm against euro, yen as G7 finance chiefs meet

TOKYO: The dollar was little changed Friday, holding gains against the euro while rising against the yen as a G7 finance

Published 20 May, 2016 08:28am

Financial

Dollar soars against emerging currencies after Fed minutes

TOKYO: The dollar soared against emerging market currencies on Thursday as investors sought safety after minutes showed

Published 19 May, 2016 08:01am

Financial

Sri Lankan rupee forwards firm up; stocks rise

COLOMBO: Sri Lankan rupee forwards edged up on Wednesday as dealers were reluctant to trade at levels lower than 147.00

Published 18 May, 2016 11:13am

Financial

Increasing prospects of Fed hikes drag Asia FX down

SINGAPORE: Emerging Asian currencies slid on Wednesday as expectations of US interest rate hikes increased on solid econ

Published 18 May, 2016 10:26am

Financial

Dollar pares losses after upbeat Japan GDP lifts yen

TOKYO: The yen firmed against the dollar on Wednesday after data showed Japan's economy unexpectedly expanded at the

Published 18 May, 2016 10:25am

Financial

Dollar steady, awaits Japan GDP for cues

TOKYO: The dollar held steady on Wednesday, awaiting the Japanese gross domestic product data due later in the day for c

Published 18 May, 2016 08:23am

Financial

Yen gains after upbeat Japan GDP pares stimulus bets

TOKYO: The yen gained against the dollar and the euro on Wednesday, after data showed Japan's economy expanded at th

Published 18 May, 2016 08:20am

Financial

Australia, NZ dollars run into stiff resistance, Fed speculation

SYDNEY/WELLINGTON: The Australian and New Zealand dollars fell on Wednesday as a bounce from recent lows was stymied by

Published 18 May, 2016 08:14am

Financial

China's yuan eases, market prices in Fed hike prospects

SHANGHAI: The yuan eased against the dollar to hover near its two-month trough on Wednesday, as companies rushed to buy

Published 18 May, 2016 08:04am

Financial

Dollar rallies on US interest rate hike talk

TOKYO: The dollar rallied broadly in Asia on Wednesday as a string of US economic data and bullish commentary from two F

Published 18 May, 2016 06:59am

Financial

Sri Lankan rupee forwards fall on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Monday on dollar demand from importers, but the decline was limited d

Published 16 May, 2016 02:02pm

Financial

China commercial banks sell net $23.7bn of forex in April

BEIJING: China's commercial banks sold a net $23.7 billion of foreign exchange in April, compared with a net sale of

Published 16 May, 2016 10:39am

Financial

South Korean won finishes at 1-month low, stocks wobble

SEOUL: The South Korean won eased to a one-month low on Monday as weak Chinese economic data boosted global aversion to

Published 16 May, 2016 08:24am

Financial

Yen slips on sales tax delay report

TOKYO: The yen slipped Monday on speculation Tokyo will postpone a sales tax rise to avoid denting Japan's already f

Published 16 May, 2016 06:28am

Financial

Yen edges up, markets eye Bank of Japan stimulus

TOKYO: The yen edged higher Friday even as the Bank of Japan's chief repeated a pledge that he was ready to unleash

Published 13 May, 2016 07:15am

Financial

Dollar little changed against euro, pound as focus on Brexit

TOKYO: The dollar was little changed against the euro and pound but rose against the yen in Asian trade on Thursday with

Published 12 May, 2016 08:14am

Financial

Yen claws back after drop on intervention threats

TOKYO: The yen clawed back some lost ground Wednesday after it slid on Japanese officials' repeated warnings that th

Published 11 May, 2016 07:59am

Financial

Sri Lankan rupee steady in dull trade; stocks up

COLOMBO: The Sri Lankan rupee was steady in dull trade on Tuesday, dealers said, adding that expected fund inflows in th

Published 10 May, 2016 08:15am

Financial

South Korean won ends lowest in 2 months, stocks up

SEOUL: The South Korean won marked a fourth losing session on Tuesday and closed at its lowest level since March 17, 201

Published 10 May, 2016 08:06am

Financial

Yen slips on intervention threat, peso up after Philippine vote

TOKYO: The yen weakened Tuesday as Japanese officials ramped up a bid to tame the surging currency, while the Philippine

Published 10 May, 2016 07:00am

Financial

Sri Lankan rupee edges lower on importer dollar demand

COLOMBO: The Sri Lankan rupee edged down on Monday due to mild importer dollar demand, dealers said, adding downward pre

Published 09 May, 2016 12:57pm

Financial

Yen slips as Japanese officials move to stem rally

TOKYO: The yen slipped Monday as Tokyo officials kept up their war of words in a bid to tame the surging currency, while

Published 09 May, 2016 10:09am

Financial

Dollar holds up ahead of key US jobs data

TOKYO: The dollar held its gains Friday as dealers await US jobs data, after Japan's prime minister left open the do

Published 06 May, 2016 07:10am

Financial

China's yuan firms on corporate demand, market shrugs off 1-month low midpoint

SHANGHAI: The yuan edged up against the dollar on Friday on yuan demand from banks and their corporate clients, shruggin

Published 06 May, 2016 07:00am

Financial

Dollar up as US data, Japan intervention talk follow rate comments

SINGAPORE: The dollar strengthened against the yen in Asia Thursday as upbeat US data and speculation of a Japanese inte

Published 05 May, 2016 09:32am

Financial

Sri Lankan rupee falls slightly on importer dollar demand

COLOMBO: The Sri Lankan rupee fell marginally against the dollar on Wednesday as demand for the greenback from importers

Published 04 May, 2016 02:16pm

Financial

China cuts yuan fix in biggest move since devaluation

SHANGHAI: China's central bank on Wednesday fixed the yuan currency nearly 0.60 percent weaker against the US dollar

Published 04 May, 2016 10:12am

Financial

Dollar climbs as Fed officials talk up rate hike

SINGAPORE: The dollar rallied Wednesday after comments by two regional Fed officials stoked speculation the US central b

Published 04 May, 2016 08:18am

Financial

Sri Lanka rupee up on IMF loan, bond issue boost

COLOMBO: The Sri Lankan rupee edged higher on Tuesday as a loan agreement with the International Monetary Fund last week

Published 03 May, 2016 03:02pm

Financial

Yen hits 18-month high; Aussie slides as RBA eases policy

SINGAPORE: The yen hit a fresh 18-month high against the US dollar on Tuesday and jumped against the Australian dollar,

Published 03 May, 2016 07:16am

Financial

Australia dollar sunk by RBA rate cut, drags on NZ$

SYDNEY/WELLINGTON: The Australian dollar took a spill on Tuesday after the Reserve Bank of Australia (RBA) surprised som

Published 03 May, 2016 07:14am

Financial

Dollar slips as US data lower rate hike expectations

SINGAPORE: The dollar extended its losses against the yen and euro Tuesday as fresh data indicating a slowdown in the US

Published 03 May, 2016 06:38am

Financial

Yen rally eases after Tokyo hints at intervention

TOKYO: The yen's soaring rally took a breather in Asian trading Monday after Japanese finance minister Taro Aso warn

Published 02 May, 2016 07:03am

Financial

Sri Lankan rupee rises after IMF loan announcement

COLOMBO: Sentiment on the Sri Lankan rupee improved on Friday, as reflected in the forwards market, after the Internatio

Published 29 Apr, 2016 01:59pm

Financial

China raises yuan rate by most in 11 years

SHANGHAI: China on Friday raised the exchange rate for the yuan currency against the US dollar by 0.56 percent from the

Published 29 Apr, 2016 10:54am

Financial

Yen hits 18-month high against dollar, eyes on Bank of Japan

HONG KONG: The yen pushed back to 18-month highs against the dollar on Friday as a weak US economic growth reading compo

Published 29 Apr, 2016 10:54am

Financial

Aussie plunges, Fed eyed for dollar direction

LONDON: Australia's dollar plunged by almost 2 percent on Wednesday after data showed consumer prices fell unexpecte

Published 27 Apr, 2016 01:30pm

Financial

Sri Lankan 5-day rupee forwards end firmer on bank dollar sales

COLOMBO: Sri Lankan five-day rupee forwards ended slightly firmer on Wednesday due to dollar sales by foreign banks, whi

Published 27 Apr, 2016 12:49pm

Financial

Dollar weakens ahead of Fed policy decision

TOKYO: The dollar fell on Wednesday as traders look to a Federal Reserve policy meeting for more clues about its timelin

Published 27 Apr, 2016 08:10am

Financial

Sri Lankan 5-day rupee forwards end slightly weaker on dollar demand

COLOMBO: Sri Lankan five-day rupee forwards edged lower despite a state-run bank selling dollars to offset greenback dem

Published 26 Apr, 2016 12:56pm

Financial

Dollar slips ahead of US, Japan central bank meetings

TOKYO: The dollar weakened against its major peers Tuesday ahead of a Federal Reserve meeting as the shaky global econom

Published 26 Apr, 2016 07:30am

Financial

Sri Lankan five-day rupee forwards firmer on bank dollar sales

COLOMBO: Sri Lankan five-day rupee forwards edged up on Monday as dollar sales by a foreign bank outpaced importer deman

Published 25 Apr, 2016 02:35pm

Financial

Sri Lankan five-day rupee forwards steady on importer dollar demand

COLOMBO: Sri Lankan five-day rupee forwards traded steady on Monday as importer dollar demand offset the greenback sales

Published 25 Apr, 2016 10:03am

Financial

Yen rebounds as focus turns to Bank of Japan meeting

TOKYO: The yen rebounded Monday, with analysts saying last week's dive on a report that the Bank of Japan was consid

Published 25 Apr, 2016 06:40am

Financial

Yen dives on report BoJ looking at financial firms support

TOKYO: The yen sank Friday on a report that Japan's central bank may take steps to support major financial instituti

Published 22 Apr, 2016 07:31am

Financial

South Korean won inches up while ECB meeting eyed; stocks rise

SEOUL: The South Korean won strengthened slightly on Thursday, its third straight day of gains, while traders awaited de

Published 21 Apr, 2016 09:12am

Financial

Euro rangebound ahead of ECB meeting

TOKYO: The euro dipped in Asia on Thursday ahead of a closely watched European Central Bank policy meeting later in the

Published 21 Apr, 2016 08:00am

Financial

Euro wobbles as ECB looms, gives dollar a break

SYDNEY: The euro remained on the defensive early on Thursday, having made an about-face as investors adjusted positions

Published 21 Apr, 2016 05:12am

Financial

South Korea won moves gingerly ahead of ECB decision; stocks edge up

SEOUL: The South Korean won zigzagged in and out of negative territory on Thursday as a wait-and-see mood spread ahead o

Published 21 Apr, 2016 04:48am

Financial

China's yuan edges lower as dollar rebounds

SHANGHAI: The yuan eased against the dollar on Thursday, after the central bank fixed a softer midpoint as the dollar in

Published 21 Apr, 2016 04:17am

Financial

EM ASIA FX: Firm dollar hurts Asia FX; baht underperforms after Thai central bank warning

SINGAPORE: Emerging Asian currencies slid on Thursday as broad strength in the dollar prompted traders to book profits f

Published 21 Apr, 2016 04:12am

Financial

Sri Lanka 5-day rupee forwards end firmer on state bank dollar selling

COLOMBO: Sri Lankan five-day rupee forwards ended slightly firmer on Wednesday on selective dollar selling by a state ba

Published 20 Apr, 2016 01:51pm

Financial

Yen picks up as falling oil prices dent sentiment

TOKYO: The yen picked up Wednesday as caution returned to markets after oil prices resumed their slide, while traders sp

Published 20 Apr, 2016 07:50am

Financial

HKEx to launch more yuan currency futures contracts by June

HONG KONG: The Hong Kong Exchanges and Clearing Limited plans to introduce additional Renminbi currency futures contract

Published 20 Apr, 2016 06:54am

Financial

South Korean won cuts gains on increased dollar demand; stocks reverse

SEOUL: The South Korean won cut early gains as dollar demand increased on foreigners' repatriation of dividend payou

Published 20 Apr, 2016 06:27am

Financial

Australia, NZ dollars carried by yield play

SYDNEY/WELLINGTON: The Australian and New Zealand dollars stood near 10-month peaks on Wednesday after fading concerns a

Published 20 Apr, 2016 03:57am

Financial

Sri Lanka 5-day rupee forwards edge down on importer dollar demand

COLOMBO: Sri Lankan five-day rupee forwards dropped lower Tuesday on importer dollar demand even as a state-run bank pre

Published 19 Apr, 2016 01:30pm

Financial

Commodity-linked currencies surge on more confident mood

TOKYO: Commodity-linked currencies surged on Tuesday as market sentiment improved after disappointment over failed oil t

Published 19 Apr, 2016 07:41am

Financial

Sri Lanka 5-day rupee forwards end weaker on dollar demand

COLOMBO: Sri Lankan five-day rupee forwards ended weaker on Monday as importer dollar demand surpassed greenback sales b

Published 18 Apr, 2016 01:21pm

Financial

China's yuan weakens on robust corporate dollar demand

SHANGHAI: The yuan edged lower on Monday despite the central bank setting a firmer official guidance rate, as traders re

Published 18 Apr, 2016 06:44am

Financial

Yen rallies, emerging currencies dive after oil talks fail

TOKYO: The yen rallied on Monday in Asia while emerging currencies slumped after the collapse of weekend talks between k

Published 18 Apr, 2016 05:51am

Financial

Australia dollar derailed by oil rout, NZ dollar consoled by inflation

SYDNEY/WELLINGTON: The Australian dollar skidded on Monday after a meeting of oil exporters hoping to freeze oil output

Published 18 Apr, 2016 04:22am

Financial

Commodity currencies hit hard, yen climbs after Doha disappoints

SYDNEY/SINGAPORE: Commodity currencies slumped on Monday while the safe-haven yen soared after major oil producers faile

Published 18 Apr, 2016 04:04am

Financial

Yen falls on speculation of BoJ intervention

TOKYO: The yen fell against the dollar on Friday, heading for its biggest weekly fall in over two months over expectatio

Published 15 Apr, 2016 07:31am

Financial

China March new yuan loans rise to 1,370bn yuan, beating forecasts

BEIJING: Chinese banks extended 1,370 billion yuan ($211.23 billion) in net new yuan loans in March, exceeding analyst e

Published 15 Apr, 2016 06:45am

Financial

China lowers yuan rate by most in three months

SHANGHAI: China's central bank cut its currency exchange rate against the dollar by the largest amount in three mont

Published 14 Apr, 2016 08:23am

Financial

Emerging currencies slump after Singapore eases monetary policy

TOKYO: Emerging market currencies went into a tailspin Thursday as the Singapore central bank's surprise decision to

Published 14 Apr, 2016 08:15am

Financial

Dollar extends gains as sentiment improves

TOKYO/SYDNEY: The dollar was broadly firmer on Thursday, having posted its biggest one-day gain in more than a month as

Published 14 Apr, 2016 06:47am

Financial

Singapore dollar extends losses to 1pc after unexpected easing

SINGAPORE: Singapore's dollar weakened 1 percent by lunchtime on Thursday, leaving it set for its largest single-day

Published 14 Apr, 2016 06:43am

Financial

South Korean won ends at 1 week low on weaker Singapore dollar; stocks at 19 week high

SEOUL: The South Korean won retreated to a one-week low at the end of Thursday's trade after Singapore's central

Published 14 Apr, 2016 06:31am

Financial

South Korea won at 1 week low on Singapore central bank easing, stocks jump on China data

SEOUL: The South Korean won slipped to its lowest intraday level in a week early on Thursday after Singapore's centr

Published 14 Apr, 2016 04:10am

Financial

Singapore dollar on track for worst day in 8 months on easing; Asia FX fall

SINGAPORE: Singapore's dollar was on track for its worst day in more than eight months on Thursday, leading losses a

Published 14 Apr, 2016 04:06am

Financial

Emerging currencies up as oil rally, China trade boost optimism

TOKYO: Commodity-linked currencies rose Wednesday on the back of a surge in oil prices with upbeat Chinese trade data al

Published 13 Apr, 2016 08:12am

Financial

Australia, NZ dollars near 10 month peaks on China, commodities

SYDNEY/WELLINGTON: The Australian and New Zealand dollars flirted with 10-month peaks on Wednesday, after upbeat Chinese

Published 13 Apr, 2016 03:58am

Financial

Yen rally tempered, oil price jump inspires commodity currencies

SYDNEY/TOKYO: The safe-haven Japanese yen slid from recent peaks against the greenback on Wednesday as solid gains in oi

Published 13 Apr, 2016 03:53am

Financial

Colourful 'vomit-like' Australian $5 note unveiled

SYDNEY: It may be the smallest-denominated Australian dollar banknote, but a new design for the Aus$5 bill attracted an

Published 12 Apr, 2016 06:36am

Financial

Yen eases after intervention comments by Japan's Aso

TOKYO: The yen eased Tuesday after Japan's finance minister reiterated that officials could still intervene in forex

Published 12 Apr, 2016 06:29am

Financial

Sri Lanka 5-day rupee forwards end weaker on dollar demand ahead of new year

COLOMBO: Sri Lankan five-day rupee forwards edged down on Monday due to late importer dollar demand ahead of holidays fo

Published 11 Apr, 2016 01:12pm

Financial

Yen advances despite efforts to cool safe-haven currency

TOKYO: The yen extended its advance Monday despite repeated efforts to talk down the safe-haven currency, as concerns ov

Published 11 Apr, 2016 07:42am

Financial

Sri Lanka 5-day rupee forwards end steady

COLOMBO: Sri Lankan five-day rupee forwards closed steady on Friday as importer dollar demand offset the greenback sales

Published 08 Apr, 2016 02:15pm

Financial

India's FX reserves surge to record high of $360bn

NEW DELHI: India's foreign exchange reserves swelled to a record high of $360 billion for the week ended April 1, la

Published 08 Apr, 2016 01:23pm

Financial

China's yuan edges lower after FX reserves rise unexpectedly

SHANGHAI: The yuan eased against the dollar on Friday despite China reporting its first rise in foreign exchange reserve

Published 08 Apr, 2016 10:08am

Financial

Yen dips against dollar as Tokyo warns over strength

TOKYO: The yen on Friday gave up some of this week's strong gains against the dollar as a government official warned

Published 08 Apr, 2016 06:50am

Financial

South Africa's rand firmer but vulnerable to political risk, growth fears

JOHANNESBURG: South Africa's rand firmed slightly early on Thursday as investors bought into riskier but high-yieldi

Published 07 Apr, 2016 01:58pm

Financial

Yuan trade settlement not affected by FX volatility: HSBC exec

HONG KONG: The Chinese currency's recent decline has not affected corporate appetite for the yuan in cross-border tr

Published 07 Apr, 2016 01:53pm

Financial

Sri Lanka 5-day rupee forwards close almost steady

COLOMBO: Sri Lankan five-day rupee forwards closed almost steady on Thursday as importer dollar demand offset the sale o

Published 07 Apr, 2016 01:04pm

Financial

Yen rallies against dollar after Fed minutes

TOKYO: The yen rallied against the dollar on Thursday, while emerging currencies were boosted by US Federal Reserve minu

Published 07 Apr, 2016 06:19am

Financial

Sri Lanka shares rise for second day on retail buying

COLOMBO: Sri Lankan shares recovered from early losses to post their second straight gain on Wednesday, as local retail

Published 06 Apr, 2016 02:18pm

Financial

Japan's Abe rules out intervention as yen sits at 17-month high

TOKYO: Japanese Prime Minister Shinzo Abe has ruled out intervening in currency markets to halt a surge in the yen, desp

Published 06 Apr, 2016 06:57am

Financial

Sri Lanka 5-day rupee forwards up on remittances, bank dollar sales

COLOMBO: Sri Lankan five-day rupee forwards edged higher on Tuesday as banks sold the dollar through exporters and inwar

Published 05 Apr, 2016 01:09pm

Financial

Yen heads to 18-month high aganst dollar

TOKYO: The yen pushed towards an 18-month high against the dollar Tuesday as investors seek refuge from an equity market

Published 05 Apr, 2016 10:08am

Financial

Sri Lankan 5-day rupee forwards rise on dollar selling by state bank

COLOMBO: Sri Lankan five-day rupee forwards edged up on Monday as dollar selling by a state bank and remittances ahead o

Published 04 Apr, 2016 01:08pm

Financial

Australia dollar on the defensive as RBA looms, NZD also eases

SYDNEY/WELLINGTON: The Australian dollar eased on Monday, succumbing to profit taking after a mixed bag of domestic econ

Published 04 Apr, 2016 09:39am

Financial

Dollar sags, firm US jobs report fails to change Fed rate views

TOKYO: The dollar was on the defensive on Monday, after Friday's firm U.S. jobs report failed to shift the broadly h

Published 04 Apr, 2016 09:36am

Financial

Sri Lankan 5-day rupee forwards edge up on dollar selling by state bank

COLOMBO: Sri Lankan five-day rupee forwards edged up on Monday as dollar selling by a state bank helped offset importer

Published 04 Apr, 2016 09:27am

Financial

South Korean won ends up on broad dollar weakness, shares edge up

SEOUL: The South Korean won finished higher on Monday on broad dollar weakness as solid U.S. jobs data failed to persuad

Published 04 Apr, 2016 09:23am

Financial

Dollar nurses quarterly losses as US jobs data awaited

TOKYO: The dollar licked its wounds on Friday after taking steep quarterly losses against major rivals, as investors awa

Published 01 Apr, 2016 12:15pm

Financial

Australia, NZ dollars near 9-mth peaks on carry trade demand

SYDNEY/WELLINGTON: The Australian and New Zealand dollars hovered close to nine-month peaks on Friday following solid ma

Published 01 Apr, 2016 10:36am

Financial

China's yuan weakens after S&P downgrade, but offshore squeeze eases

SHANGHAI: China's yuan weakened on Friday as a cut in the country's credit rating by S&P offset stronger-tha

Published 01 Apr, 2016 10:30am

Financial

Dollar struggles ahead of US jobs report

TOKYO: The dollar struggled Friday as markets focus on US jobs data later in the day, after the Federal Reserve chief th

Published 01 Apr, 2016 08:46am

Financial

Fading US rate hike views spur Asia FX gains

SINGAPORE: Most emerging Asian currencies rose on Thursday, adding to monthly and quarterly gains, as waning expectation

Published 31 Mar, 2016 02:15pm

Financial

Sri Lankan five-day rupee forwards firm up on dollar selling by state bank

COLOMBO: Sri Lankan five-day rupee forwards rose on Thursday as dollar selling by a state bank offset heavy demand for t

Published 31 Mar, 2016 01:42pm

Financial

China's yuan more widely adopted to settle transactions: SWIFT

LONDON: China's yuan is increasingly being used by financial institutions worldwide to settle payments with counterp

Published 30 Mar, 2016 10:17am

Financial

Yellen's cautious stance on US rate hike lifts Asia FX

SINGAPORE: Most emerging Asian currencies rose on Wednesday as Federal Reserve Chair Janet Yellen's cautious stance

Published 30 Mar, 2016 07:26am

Financial

Sri Lankan rupee forwards decline; further fall expected

COLOMBO: Sri Lankan rupee forwards fell for a sixth straight session on Wednesday as importers bought dollars at record

Published 30 Mar, 2016 07:23am

Financial

NZ dollar hits 5-month high, Aussie rallies as Yellen signals slower rate increases

SYDNEY/WELLINGTON: The New Zealand dollar scaled a five-month peak on Wednesday, while its Australian peer hovered near

Published 30 Mar, 2016 06:17am

Financial

Dollar bulls retreat as Yellen stresses need for caution

TOKYO/SYDNEY: Dollar bulls were on the defensive on Wednesday after Federal Reserve chair Janet Yellen's cautious to

Published 30 Mar, 2016 06:14am

Financial

Yuan firms after dollar retreats on Yellen's cautious stance

SHANGHAI: China's yuan strengthened against the dollar on Wednesday after the central bank set a much firmer guidanc

Published 30 Mar, 2016 06:10am

Financial

Sri Lankan rupee forwards decline for fifth session

COLOMBO: Sri Lankan rupee forwards fell for a fifth straight session on Tuesday due to dollar demand by importers and fo

Published 29 Mar, 2016 02:44pm

Financial

Dollar up on yen ahead of Yellen speech

TOKYO: The dollar advanced against the yen and euro on Tuesday but edged broadly lower against other Asian currencies as

Published 29 Mar, 2016 11:29am

Financial

Sri Lankan rupee forwards end lower on economic worries

COLOMBO: Sri Lankan rupee forwards fell for a fourth straight session on Monday due to dollar demand by importers and fo

Published 28 Mar, 2016 02:23pm

Financial

China's yuan to face pressure if dollar rises sharply

BOAO: China's yuan will come under renewed downward pressure if the US dollar rises significantly in coming months,

Published 25 Mar, 2016 11:03am

Financial

Dollar firms against euro, yen on US rate hike talk

TOKYO: The dollar rose against the yen and euro Friday in Asia, boosted by growing speculation the Federal Reserve will

Published 25 Mar, 2016 07:55am

Financial

Sri Lankan rupee forwards down on economic, debt woes

COLOMBO: Sri Lankan rupee forwards slid for a third successive session on Thursday due to importer dollar demand, while

Published 24 Mar, 2016 01:37pm

Financial

Yuan weakens on dollar's global rise; midpoint seems confusing

SHANGHAI: China's yuan eased against the dollar to a one-week trough in late trade on Thursday after the central ban

Published 24 Mar, 2016 10:49am

Financial

Dollar strengthens against major peers on Fed talk

TOKYO: The dollar strengthened against its major peers on Thursday as fresh signs emerged that the US Federal Reserve co

Published 24 Mar, 2016 09:43am

Financial

Yen up in Asia after deadly Brussels blasts

TOKYO: The safe haven yen rose in Asia against the dollar and the euro on Wednesday, after deadly bombings in Brussels c

Published 23 Mar, 2016 09:28am

Financial

China's yuan edges lower despite firmer midpoint

SHANGHAI: China's yuan eased against the dollar on Wednesday, despite a firmer midpoint setting by the central bank.

Published 23 Mar, 2016 09:13am

Financial

Fed rate hike talk hurts Asia FX; ringgit hits 7-month peak

SEOUL: Most emerging Asian currencies slid on Wednesday due to the dollar's broad strength as more Federal Reserve o

Published 23 Mar, 2016 09:06am

Financial

Dollar buoyed in Asia by bullish Fed comments

TOKYO: The dollar held firm against the yen and the euro on Tuesday, after two Federal Reserve officials suggested the U

Published 22 Mar, 2016 07:53am

Financial

Sri Lankan rupee forwards end weaker; seen falling on economic woes

COLOMBO: Sri Lankan rupee forwards ended weaker on Monday due to importer dollar demand, while dealers expect growing un

Published 21 Mar, 2016 01:43pm

Financial

Sri Lankan rupee forwards steady; seen falling on economic woes

COLOMBO: Sri Lankan rupee forwards ended steady on Friday as late inward remittances and exporter dollar conversions off

Published 18 Mar, 2016 03:38pm

Financial

South Korean won, shares end at highest level in 2016 on dovish Fed

SEOUL: South Korea's won and stocks recorded their highest levels in 2016 on Friday as the US dollar continued to st

Published 18 Mar, 2016 08:15am

Financial

China fixes yuan at three-month high as dollar sinks

SHANGHAI: China's central bank fixed its currency exchange rate at a three-month high against the US dollar on Frida

Published 18 Mar, 2016 07:18am

Financial

Dollar resumes slide in Asia as markets digest Fed outlook

TOKYO: The dollar slumped further on Friday in Asia on the lingering effects of the Federal Reserve's lower interest

Published 18 Mar, 2016 07:05am

Financial

Long ringgit bets highest since 2014, Asia FX view improves

SINGAPORE: Bullish bets on the Malaysian ringgit hit their highest level since August 2014, as higher oil prices and exp

Published 17 Mar, 2016 02:01pm

Financial

China's yuan hits strongest so far this year thanks to more dovish Fed

SHANGHAI: China's yuan touched its strongest level so far in 2016 on Thursday, as the dollar eased all round after t

Published 17 Mar, 2016 01:48pm

Financial

Sri Lankan rupee forwards ease on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Thursday on importer dollar demand amid growing uncertainty after the

Published 17 Mar, 2016 01:01pm

Financial

Sri Lankan rupee forwards ease on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Wednesday on importer dollar demand amid growing uncertainty after th

Published 16 Mar, 2016 01:46pm

Financial

Australia, NZ dollars weighed by weak commodities, yen shines

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were nursing losses on Wednesday after renewed weakness in iro

Published 16 Mar, 2016 08:09am

Financial

Dollar edges up against peers ahead of Fed decision

TOKYO: The dollar rose against its major peers on Wednesday as attention turns to the conclusion of the Federal Reserve&

Published 16 Mar, 2016 07:26am

Financial

Sri Lankan rupee forwards ease in dull trade

COLOMBO: Sri Lankan rupee forwards eased slightly in dull trade on Tuesday as importer dollar demand surpassed greenback

Published 15 Mar, 2016 03:54pm

Financial

South Korean won, stocks edge down ahead of Fed policy meeting

SEOUL: The South Korean won snapped a three-session winning streak on Tuesday as investors trimmed their exposure to the

Published 15 Mar, 2016 02:38pm

Financial

Yuan slips on weaker midpoint; capital outflows eased in February

SHANGHAI: The yuan edged lower against the dollar on Tuesday after the central bank fixed a softer midpoint rate, while

Published 15 Mar, 2016 01:41pm

Financial

Asian currencies ease, focus on Fed meeting

SINGAPORE: Asian currencies were steady to lower against the dollar on Tuesday, as investors awaited clues on the US mon

Published 15 Mar, 2016 01:32pm

Financial

South Korea won down as markets wary before BOJ, Fed, stocks steady

SEOUL: The South Korean won hit the skids on Tuesday as investors braced for policy meetings of the Bank of Japan and th

Published 15 Mar, 2016 07:48am

Financial

Yen inches up in Tokyo after BoJ holds fire

TOKYO: The yen ticked up in Tokyo on Tuesday after the Bank of Japan decided to leave its monetary stance unchanged, inc

Published 15 Mar, 2016 07:00am

Financial

Sri Lankan rupee forwards end steady in dull trade

COLOMBO: Sri Lankan rupee forwards ended steady on Monday in dull trade, but growing uncertainty after the announcement

Published 14 Mar, 2016 12:49pm

Financial

Dollar index to test support at 95.569

SINGAPORE: The dollar index may test a support at 95.569 in a week, a break below which could cause a loss to the next s

Published 14 Mar, 2016 09:38am

Financial

Australian dollar hits 8-month high as commodity units rise

TOKYO: The Australian dollar hit an eight-month high Monday as commodity-linked currencies got a boost on the back of a

Published 14 Mar, 2016 08:01am

Financial

Sri Lankan rupee forwards end steady on late dollar inflows

COLOMBO: Sri Lankan rupee forwards ended steady on Friday as late inward remittances offset early importer dollar demand

Published 11 Mar, 2016 01:33pm

Financial

China's yuan hits 2016 high on firm midpoint, global dollar weakness

SHANGHAI: China's onshore yuan on Friday hit its strongest level against the dollar in 2016, buoyed by the central b

Published 11 Mar, 2016 06:53am

Financial

South Korean won moves to 1-month high on stronger yuan; stocks edge up

SEOUL: The South Korean won jumped to its highest in a month after the People's Bank of China to set the yuan's

Published 11 Mar, 2016 06:41am

Financial

Euro holds gains in Asia after ECB stimulus surge

TOKYO: The euro held its gains in Asian trading on Friday after surging on the back of suggestions from the European Cen

Published 11 Mar, 2016 05:24am

Financial

Sri Lankan rupee forwards edge down on importer dlr demand

COLOMBO: Sri Lankan rupee forwards eased slightly on importer dollar demand in a dull session on Thursday, while growing

Published 10 Mar, 2016 02:42pm

Financial

Euro down against dollar ahead of ECB meeting

TOKYO: The euro ticked lower against the dollar Thursday as investors focus on a meeting of the European Central Bank th

Published 10 Mar, 2016 06:40am

Financial

Sri Lankan rupee forwards recoup losses to end steady on bank dollar sales

COLOMBO: Sri Lankan rupee forwards ended steady on Wednesday, recouping some early losses as late dollar sales by banks

Published 09 Mar, 2016 02:24pm

Financial

South African rand, bonds retreat after Moody's puts credit status on review

JOHANNESBURG: South Africa's rand and bonds retreated early on Wednesday as sentiment was rocked by Moody's deci

Published 09 Mar, 2016 07:56am

Financial

Emerging currencies drop against dollar over China worries

TOKYO: The dollar rallied against emerging market currencies on Wednesday as dealers moved into safer investments as per

Published 09 Mar, 2016 06:38am

Financial

Sri Lankan rupee forwards down on importer dollar demand, tax woes

COLOMBO: Sri Lankan rupee forwards ended weaker on Tuesday on importer dollar demand and growing policy uncertainty afte

Published 08 Mar, 2016 02:11pm

Financial

Yen rises against major peers as traders await ECB meeting

TOKYO: The Japanese yen climbed against major peers on Tuesday as a slump in China's exports offered dealers more ev

Published 08 Mar, 2016 06:33am

Financial

Emerging currencies jump after upbeat US jobs report

TOKYO: Emerging market currencies rallied against the dollar Monday after the mood on regional trading floors got a stro

Published 07 Mar, 2016 06:55am

Financial

China premier says aims to keep yuan exchange rate basically stable in 2016

BEIJING: China aims to keep yuan currency basically stable in 2016, Premier Li Keqiang said in remarks prepared for deli

Published 05 Mar, 2016 10:06am

Financial

Sri Lankan rupee forwards down on imports, foreign bond sales

COLOMBO: Sri Lankan rupee forwards ended weaker on Friday on dollar demand from importers and as foreign investors sold

Published 04 Mar, 2016 02:07pm

Financial

Emerging currencies rise ahead of key US jobs report

TOKYO: Emerging market currencies jumped against the dollar Friday with rising oil prices and upbeat US data lifting sen

Published 04 Mar, 2016 07:34am

Financial

Dollar up as bright US data opens door to rate hike

TOKYO: The dollar rose against the yen and euro Thursday as a solid US jobs report supplied more evidence of resilience

Published 03 Mar, 2016 06:43am

Financial

Sri Lankan rupee forwards end firmer on bank dollar sales; downgrade weighs

COLOMBO: Sri Lankan rupee forwards ended slightly firmer on Wednesday on dollar selling by a foreign bank, but dealers s

Published 02 Mar, 2016 01:43pm

Financial

Yen under pressure as upbeat US data stirs dollar buying

TOKYO: The dollar rose against the euro and yen Wednesday as investors' appetite for risk surged on upbeat US econom

Published 02 Mar, 2016 06:36am

Financial

Sri Lankan rupee forwards decline; more fall seen on Fitch downgrade

COLOMBO: Sri Lankan rupee forwards ended slightly weaker on Tuesday on importer dollar demand, while dealers expected th

Published 01 Mar, 2016 01:22pm

Financial

Yen picks up amid gloomy market sentiment despite China stimulus

TOKYO: The yen rose against the dollar on Tuesday as market sentiment stayed gloomy even after China's central bank

Published 01 Mar, 2016 06:57am

Financial

Sri Lankan rupee forwards fall; further fall expected after Fitch downgrade

COLOMBO: Sri Lankan rupee forwards ended slightly weaker on Monday on importer dollar demand, and dealers said the curre

Published 29 Feb, 2016 03:13pm

Financial

China fixes yuan at four-week low despite pledge

SHANGHAI: China's central bank on Monday fixed its central rate for the yuan currency at a four-week low, data showe

Published 29 Feb, 2016 08:08am

Financial

Dollar holds up after positive US data, G20 growth pledge

TOKYO: The dollar held up against its major peers on Monday, after upbeat US data strengthened expectations of a rate hi

Published 29 Feb, 2016 08:06am

Financial

More yawns than yuan in China's late-night forex trade

SHANGHAI: In the fast-paced, high-risk world of foreign exchange trading, where trillions of dollars change hands every

Published 28 Feb, 2016 08:13am

Financial

Sri Lankan spot rupee hits record low on importer dollar demand

COLOMBO: The Sri Lankan spot rupee, which resumed trading on Friday after almost a month, hit a record low of 144.65 per

Published 26 Feb, 2016 12:31pm

Financial

Yen firm against dollar ahead of G20 meeting

TOKYO: The yen held firm against the dollar on Friday as investor sentiment brightened on a rally in Asian shares hours

Published 26 Feb, 2016 07:51am

Financial

Sri Lankan rupee forwards end weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Thursday, pressured by importer demand for the greenback, despite a 5

Published 25 Feb, 2016 12:25pm

Financial

Yen slips as sentiment picks up ahead of G20 meeting

TOKYO: Japan's yen edged down Thursday as a brief pick up in oil prices lifted sentiment, with markets cautiously ey

Published 25 Feb, 2016 06:39am

Financial

Sri Lankan rupee forwards close lower on dollar inflows

COLOMBO: Sri Lankan rupee forwards ended slightly weaker on Wednesday as importer demand for the greenback and mild doll

Published 24 Feb, 2016 12:07pm

Financial

Pound falls to fresh seven-year low on 'Brexit' fears

TOKYO: The pound on Wednesday fell below $1.40 to a fresh seven-year low on growing worries that Britain may vote to lea

Published 24 Feb, 2016 07:15am

Financial

Sri Lankan rupee forwards trade steady; pressure on despite rate hike

COLOMBO: Sri Lankan rupee forwards traded steady on Tuesday as inflows kept pace with dollar demand by importers, but pr

Published 23 Feb, 2016 01:22pm

Financial

Sri Lankan rupee forwards end steady; pressure on despite rate hike

COLOMBO: Sri Lankan rupee forwards closed steady on Tuesday as inflows kept pace with importers' dollar demand, but

Published 23 Feb, 2016 12:33pm

Financial

Yen picks up in Asia as oil price drop dents sentiment

TOKYO: The yen picked up Tuesday as another fall in oil prices dented sentiment, while the pound was under pressure over

Published 23 Feb, 2016 06:29am

Financial

Dollar index to test resistance at 97.496

SINGAPORE: The dollar index is expected to test resistance at 97.496 in a week, a break above which could lead to a gain

Published 22 Feb, 2016 09:48am

Financial

Pound takes hit in Asia on 'Brexit' fears

TOKYO: The pound dropped in Asian trading Monday, after news the mayor of London will campaign for Britain to leave the

Published 22 Feb, 2016 06:54am

Financial

Dollar rises against emerging units after slide in oil prices

TOKYO: The dollar rallied against emerging units Friday while retreating against the yen as another oil price drop added

Published 19 Feb, 2016 08:21am

Financial

Australian dollar drops after unexpected employment drop

SYDNEY: The Australian dollar dipped on Thursday after data showed employment unexpectedly fell in January, bucking expe

Published 18 Feb, 2016 09:42pm

Financial

Asia FX sentiment mostly better; yuan bearish bets near 3-month low

SINGAPORE: Sentiment toward most emerging Asian currencies improved in the last two weeks helped by the prospect of more

Published 18 Feb, 2016 03:31pm

Financial

Sri Lankan rupee forwards end steady; downward pressure persists

COLOMBO: Sri Lankan rupee forwards ended steady on Thursday as dollar sales by exporters and banks offset importer deman

Published 18 Feb, 2016 12:21pm

Financial

Emerging currencies boosted as oil surge lifts confidence

TOKYO: The Malaysian ringgit led a rally in emerging market currencies Thursday as a surge in oil prices injected trader

Published 18 Feb, 2016 07:28am

Financial

Sri Lankan rupee forwards end firmer on bank dollar sales

COLOMBO: Sri Lankan rupee forwards ended firmer on Wednesday, recovering from early losses as dollar sales by banks surp

Published 17 Feb, 2016 12:45pm

Financial

Yen picks up as disappointing oil deal hits sentiment

TOKYO: The yen picked up pace Wednesday after an oil output freeze by Saudi Arabia and Russia disappointed investors, wh

Published 17 Feb, 2016 06:51am

Financial

Sri Lankan rupee forwards steady on bank dollar sales

COLOMBO: Sri Lankan rupee forwards ended steady on Tuesday, recouping early losses as dollar sales by a foreign bank off

Published 16 Feb, 2016 03:05pm

Financial

Sri Lankan rupee forwards edge down, further decline seen

COLOMBO: Sri Lankan rupee forwards fell on Tuesday on importer dollar demand, while dealers said they expected the curre

Published 16 Feb, 2016 08:49am

Financial

Dollar steady in Asia as confidence returns

TOKYO: The dollar held steady against the yen and euro Tuesday after rallying on newfound confidence across world market

Published 16 Feb, 2016 07:01am

Financial

Dollar stands tall vs yen, euro as risk aversion eases

TOKYO: The dollar stood tall against the yen and euro on Tuesday as global risk aversion that battered the greenback the

Published 16 Feb, 2016 12:37am

Financial

China guides yuan higher after central bank comments

SHANGHAI: China's central bank on Monday fixed the value of the yuan higher by the biggest margin for more than thre

Published 15 Feb, 2016 08:24am

Financial

Yen eases against major peers on weak GDP data

TOKYO: The yen eased against its major counterparts in Asia Monday, as a contraction in Japan's economy during the f

Published 15 Feb, 2016 08:16am

Financial

Sri Lankan rupee forwards weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards edged down on Friday on importer dollar demand and dealers said they expected the cur

Published 12 Feb, 2016 07:40am

Financial

Australia, NZ dollars poised for large weekly losses vs yen

SYDNEY/WELLINGTON: The Australian and New Zealand dollars fell for a seventh straight session versus the yen on Friday a

Published 12 Feb, 2016 06:05am

Financial

Sri Lankan rupee forwards firmer on dollar inflows; stx weaker

COLOMBO: Sri Lankan rupee forwards edged up on Thursday as dollar inflows surpassed demand from importers, but dealers s

Published 11 Feb, 2016 02:14pm

Financial

Dollar sinks in Asia as Fed boss dampens chance of rate hike

SINGAPORE: The dollar retreated across the board in Asia Thursday after comments from Federal Reserve boss Janet Yellen

Published 11 Feb, 2016 11:03am

Financial

Yen surges as global market rout extends ahead of Yellen testimony

TOKYO: The Japanese yen extended gains against the dollar and the euro on Wednesday as nervous investors fled to safe in

Published 10 Feb, 2016 06:49am

Financial

Sri Lankan rupee forwards steady; IMF concerns weigh

COLOMBO: Sri Lankan rupee forwards traded steady on Tuesday as mild importer dollar demand offset selling of the greenba

Published 09 Feb, 2016 07:07am

Financial

Yen soars as equity market turmoil hammers sentiment

TOKYO: The yen on Tuesday jumped to its highest level against the dollar since late 2014 as a bloodbath on equity market

Published 09 Feb, 2016 06:43am

Financial

Sri Lankan rupee forwards edge down; IMF statement raises concerns

COLOMBO: Sri Lankan rupee edged down on Monday due to mild importer dollar demand, though selling of the greenback by ba

Published 08 Feb, 2016 10:01am

Financial

Dollar gains as US jobs report keeps alive rate hike hopes

TOKYO: The dollar extended its gains Monday as a closely watched US jobs report fanned speculation that the Federal Rese

Published 08 Feb, 2016 08:13am

Financial

EM ASIA FX-Weekly Asia FX gains seen ahead of US jobs data

SINGAPORE: Most emerging Asian currencies rose on Friday ahead of US jobs data due to be released later in the global da

Published 05 Feb, 2016 11:20am

Financial

South Korean won, shares close up ahead of US payrolls

SEOUL: The South Korean won trimmed earlier gains on Friday afternoon, as investors grew cautious ahead of US jobs data

Published 05 Feb, 2016 11:16am

Financial

Sri Lankan rupee forwards firmer on dollar selling by banks

COLOMBO: Sri Lankan rupee forwards traded slightly firmer on Friday as dollar selling by banks surpassed the mild demand

Published 05 Feb, 2016 11:04am

Financial

Yuan slide haunts Taiwan banks as they face defaults on derivative product

TAIPEI: Taiwan's banks are facing losses of millions or possibly billions of dollars from customer defaults on a pop

Published 05 Feb, 2016 10:27am

Financial

Dollar struggles ahead of key US jobs report

TOKYO: The dollar struggled on Friday as market turmoil and weak global growth boost the chances that the Federal Reserv

Published 05 Feb, 2016 09:10am

Financial

Dollar recovers some losses after US economic outlook dive

TOKYO: The dollar recovered some losses against major peers Thursday after a steep dive in US trading sparked by renewed

Published 04 Feb, 2016 05:24am

Financial

Yen extends gains as oil prices collapse

TOKYO: The yen extended its gains in Asia Wednesday and emerging currencies tumbled as traders fled to safe investments

Published 03 Feb, 2016 06:30am

Financial

AIA plunges on China capital controls report

HONG KONG: Shares in insurance group AIA plunged nearly nine percent in early Hong Kong trade Wednesday after a report s

Published 03 Feb, 2016 05:59am

Financial

Oil price fall, weak China data fuel yen-buying in Asia

TOKYO: The yen got a lift Tuesday while emerging currencies took a hit as a renewed fall in oil prices and weak China da

Published 02 Feb, 2016 08:38am

Financial

Yen loses further ground after surprise BoJ stimulus move

TOKYO: The yen sank again Monday, extending losses after the Bank of Japan unveiled shock stimulus last week, while emer

Published 01 Feb, 2016 05:27am

Financial

Sri Lankan rupee steady amid importer dollar demand, outflows

COLOMBO: The Sri Lankan rupee ended steady on Thursday amid importer dollar demand and some foreign outflow from t-bonds

Published 28 Jan, 2016 04:26pm

Financial

Sri Lankan rupee steady amid importer dollar demand, outflows; stocks up

COLOMBO: The Sri Lankan rupee was steady on Thursday amid importer dollar demand, as banks were reluctant to trade below

Published 28 Jan, 2016 01:38pm

Financial

Yen dips ahead of Bank of Japan policy decision

TOKYO: The yen edged lower against its major peers as markets focus the Bank of Japan's two-day policy meeting, whic

Published 28 Jan, 2016 06:45am

Financial

Sri Lankan rupee steady amid importer dollar demand, outflows

COLOMBO: The Sri Lankan rupee closed unchanged on Wednesday amid importer dollar demand and foreign outflows from t-bond

Published 27 Jan, 2016 01:01pm

Financial

Sri Lankan rupee steady despite importer demand, outflows

COLOMBO: The Sri Lankan rupee was steady on Wednesday despite importer dollar demand and foreign outflows from t-bonds,

Published 27 Jan, 2016 07:25am

Financial

Dollar slips ahead of Fed's first 2016 meeting

TOKYO: The dollar slipped against the yen and most emerging currencies Wednesday as markets focus on the Federal Reserve

Published 27 Jan, 2016 06:36am

Financial

China state media accuse Soros of 'declaring war' on yuan

BEIJING: Chinese state media stepped up a salvo of biting commentaries Wednesday against George Soros and other currency

Published 27 Jan, 2016 06:34am

Financial

Dollar awaits Fed outcome, Canada's loonie bounced around by oil

SYDNEY: The US dollar kept to the sidelines early on Wednesday with the market waiting for a interest rate steer from th

Published 26 Jan, 2016 11:49pm

Financial

China's yuan barely budges as central bank holds steady

SHANGHAI: China's yuan stayed flat against the dollar on Tuesday as the central bank kept holding the line, and trad

Published 26 Jan, 2016 02:09pm

Financial

Dollar inches lower in cautious trade as Fed looms

TOKYO: The dollar inched down slightly on Tuesday, though major currencies did not stray far from recent ranges as inves

Published 26 Jan, 2016 02:07pm

Financial

Sri Lankan rupee steady after central bank holds rate

COLOMBO: The Sri Lankan rupee ended steady on Tuesday, a day after the central bank kept its key policy rates unchanged

Published 26 Jan, 2016 01:35pm

Financial

Emerging currencies suffer as oil prices head south

TOKYO: Emerging market currencies suffered in Asian trading on Tuesday as another drop in oil prices and a regional equi

Published 26 Jan, 2016 05:04am

Financial

Sri Lankan rupee steady ahead of policy rate decision

COLOMBO: The Sri Lankan rupee ended steady on Monday ahead of the central bank's January policy rate decision as dol

Published 25 Jan, 2016 03:33pm

Financial

Sri Lankan rupee steady ahead of policy rate decision

COLOMBO: The Sri Lankan rupee was steady on Monday ahead of the central bank's January policy rate decision as dolla

Published 25 Jan, 2016 09:10am

Financial

Yen steady as BoJ chief tempers hopes for more easing

TOKYO: The yen held steady in Asia on Monday as Japan's top central banker moved to temper speculation it will unvei

Published 25 Jan, 2016 05:33am

Financial

China plans to launch its ‘Digital Currency’

China, the world second largest economy is planning to launch its own digital currency, in a move to cut its circulation

Published 22 Jan, 2016 10:47am

Financial

Sri Lankan rupee trades steady: stocks up

COLOMBO: The Sri Lankan rupee was trading steady on Friday as dollar sales by a private bank dollar offset demand for t

Published 22 Jan, 2016 07:18am

Financial

China official says no plans to devalue yuan

SHANGHAI: China has no intention to devalue its currency, the country's vice president Li Yuanchao has said, followi

Published 22 Jan, 2016 05:39am

Financial

Emerging currencies boosted by oil rally, ECB stimulus hints

TOKYO: Higher-yielding emerging market currencies rose against the dollar in Asia on Friday, after a jump in crude price

Published 22 Jan, 2016 05:36am

Financial

Temporary oil rebounds help fragile Asia FX gains

SINGAPORE: Most emerging Asian currencies rose on Thursday as rebounds in battered oil prices improved risk appetite, wh

Published 21 Jan, 2016 06:13am

Financial

Dollar off 1-year low vs yen as report points to official FX concerns

TOKYO: The dollar came off a one-year low against the yen on Thursday after a media report suggested Japanese authoritie

Published 21 Jan, 2016 05:47am

Financial

Dollar edges up vs yen as oil bounces, euro awaits ECB

TOKYO: The dollar came off a one-year low against the yen on Thursday as crude oil prices bounced, while the euro awaite

Published 21 Jan, 2016 05:30am

Financial

Yuan steady for the 4th day; forwards hint of depreciation pressure

SHANGHAI: China's yuan barely moved against the dollar on Thursday, holding largely steady in the week as efforts by

Published 21 Jan, 2016 05:28am

Financial

Emerging currencies rally against dollar on stocks advance

TOKYO: High-yielding emerging currencies rallied against the dollar on Thursday as sentiment improved following broad ad

Published 21 Jan, 2016 04:42am

Financial

Sri Lankan rupee edges down on importer dollar demand

COLOMBO: The Sri Lankan rupee edged lower on Wednesday due to importer dollar demand, while selling of the greenback by

Published 20 Jan, 2016 12:40pm

Financial

Indian rupee falls to over two-year low

MUMBAI: The Indian rupee fell to a more than two-year low on Wednesday, inching closer to a record low of 68.85 hit in A

Published 20 Jan, 2016 08:24am

Financial

Dollar rises against emerging units as risk sentiment evaporates

TOKYO: The dollar advanced against emerging currencies Wednesday in Asia as risk sentiment took a hit on the latest rout

Published 20 Jan, 2016 06:53am

Financial

'Hong Kong dollar peg at risk' as stocks plunge

HONG KONG: The Hong Kong dollar's decades-old peg to the US greenback could be at risk, analysts warned Wednesday, a

Published 20 Jan, 2016 06:52am

Financial

Sri Lankan rupee edges up on dollar selling by banks

COLOMBO: The Sri Lankan rupee ended slightly firmer on Tuesday as dollar selling by a private bank, likely to defend the

Published 19 Jan, 2016 03:52pm

Financial

India would be very concerned by big China devaluation

NEW DELHI: India would be very concerned if China were to allow a major devaluation in the yuan currency, its Group of 2

Published 19 Jan, 2016 07:52am

Financial

Sri Lankan rupee edges up on dollar selling by banks: stocks weaker

COLOMBO: The Sri Lankan rupee was trading slightly firmer on Tuesday as dollar selling by a private bank, likely to defe

Published 19 Jan, 2016 07:45am

Financial

Sri Lankan rupee falls on importer dollar demand

COLOMBO: The Sri Lankan rupee fell on Monday as importer dollar demand outpaced selling of the greenback by a private ba

Published 18 Jan, 2016 03:31pm

Financial

Sri Lankan rupee down on importer dollar demand

COLOMBO: The Sri Lankan rupee fell on Monday due to importer dollar demand in the absence of banks' dollar sales to

Published 18 Jan, 2016 08:15am

Financial

Emerging currencies broadly rise against dollar

TOKYO: Emerging market currencies got a cautious boost on Monday after the People's Bank of China (PBoC) raised the

Published 18 Jan, 2016 06:41am

Financial

Yen loses steam as yuan firms after China's anti-speculation move

SINGAPORE/SYDNEY: The safe haven yen shed Monday's earlier gains after China's central bank unveiled a fresh ste

Published 18 Jan, 2016 06:06am

Financial

China to raise offshore yuan reserve requirements for some banks-sources

SHANGHAI: China's central bank is preparing to raise the reserve requirement ratio for yuan deposits placed in yuan

Published 17 Jan, 2016 11:53pm

Financial

Emerging currencies lifted by oil, equity market rebound

TOKYO: Emerging currencies climbed Friday as investors moved into riskier assets following a rebound on key equity marke

Published 15 Jan, 2016 05:48am

Financial

Yen eases as markets regain some composure, Aussie firmer

SYDNEY: The safe-haven yen nursed losses early on Friday, while currencies such as the Australian dollar staged a modest

Published 14 Jan, 2016 11:33pm

Financial

Hong Kong's dollar falls sharply in late trade

HONG KONG: The Hong Kong dollar dropped sharply to a more than 4-year low in late Asian trade on Thursday, tracking a de

Published 14 Jan, 2016 10:36am

Financial

Chinese yuan slips amid global gloom, stocks stage late rally

SHANGHAI: China's yuan currency slipped despite the efforts of the authorities on Thursday, as the gloom in global m

Published 14 Jan, 2016 10:28am

Financial

Yen picks up, emerging units fall as sentiment sours

TOKYO: The yen rallied in Asia Thursday as traders fled higher-risk assets, pushing down emerging currencies as a rout t

Published 14 Jan, 2016 05:53am

Financial

Emerging markets currencies rise on upbeat China data

TOKYO: Higher risk currencies rose in line with a regional stock rally Wednesday as an upbeat Chinese trade report provi

Published 13 Jan, 2016 06:46am

Financial

China replaces foreign exchange agency chief

SHANGHAI: China has "removed" the head of its foreign exchange agency, the government said on Tuesday, following turbule

Published 12 Jan, 2016 11:16am

Financial

Taiwan dollar ends at weakest level in more than six years

TAIPEI: The Taiwan dollar closed at its weakest level against the US dollar in more than six years on Tuesday, weighed b

Published 12 Jan, 2016 10:00am

Financial

Dollar rises against emerging currencies as risk sentiment recedes

TOKYO: The dollar advanced against emerging market currencies Tuesday as declining risk sentiment engulfed Asia, amid fe

Published 12 Jan, 2016 09:09am

Financial

China's offshore yuan rebounds by nearly 500 pips from day's lows

HONG KONG: China's offshore yuan rebounded by nearly 500 pips from the day's lows in afternoon trade on Monday,

Published 11 Jan, 2016 08:23am

Financial

Sri Lankan rupee steady in dull trade; stx down on uncertainties

COLOMBO: The Sri Lankan rupee was steady on Monday in dull trade as cautious investors waited on the side lines due to l

Published 11 Jan, 2016 08:03am

Financial

Dollar up against yen, but eyes on yuan amid China turmoil

SINGAPORE: The dollar rose against the yen in volatile Asian trade Monday but all eyes were on the yuan as China moves t

Published 11 Jan, 2016 05:49am

Financial

Sri Lankan rupee edges up on bank dollar sales

COLOMBO: The Sri Lankan rupee ended 0.1 percent firmer on Friday as dollar sales by a private bank helped boost the loca

Published 08 Jan, 2016 03:24pm

Financial

Sri Lankan rupee slightly firmer on bank dollar sales; stocks down

COLOMBO: The Sri Lankan rupee was slightly firmer on Friday as dollar sales by a private bank outpaced demand for the gr

Published 08 Jan, 2016 06:49am

Financial

Yen rally fizzles as China moves to stop market turmoil

TOKYO: A recent rally in the yen fizzled on Friday after Chinese authorities moved to stop wild market volatility stoked

Published 08 Jan, 2016 05:17am

Financial

Euro, yen surge as commodity currencies sag on China jitters

SYDNEY: The euro and yen held on to solid gains early on Friday, having enjoyed a short-covering rally as heightened ris

Published 07 Jan, 2016 11:14pm

Financial

Yen gains as China jitters spark flight to safety

TOKYO: The yen jumped Thursday as worries about China's economy, a plunge in oil and equities prices, and geopolitic

Published 07 Jan, 2016 05:38am

Financial

Sri Lankan rupee recovers from record low on bank dlr sales

COLOMBO: The Sri Lankan rupee recovered from a near record low on Wednesday as importer demand for the US currency was m

Published 06 Jan, 2016 09:33am

Financial

Dollar, yen add to gains amid trader caution

NEW YORK: The dollar and yen both continued to strengthen Tuesday in a foreign exchange market dominated by caution over

Published 06 Jan, 2016 06:30am

Financial

Sri Lankan rupee steady; bank dollar sales prevent fall

COLOMBO: The Sri Lankan rupee ended steady on Tuesday, hovering near its record low hit in the previous session, as doll

Published 05 Jan, 2016 04:10pm

Financial

China cuts yuan to weaker than 6.5 against dollar

SHANGHAI: China cut the yuan's value against the greenback Monday, making it weaker than 6.5 for the first time in m

Published 04 Jan, 2016 09:11am

Financial

China cuts yuan to weaker than 6.5 against dollar

SHANGHAI: China cut the yuan's value against the greenback Monday, making it weaker than 6.5 for the first time in m

Published 04 Jan, 2016 09:11am

Financial

Sri Lankan rupee edges down in dull trade

COLOMBO: The Sri Lankan rupee ended slightly weaker in thin trade on Friday as many investors have still not returned fr

Published 01 Jan, 2016 04:18pm

Financial

Sri Lankan rupee falls 9pc in 2015; ends near record closing low

COLOMBO: The Sri Lankan rupee fell 9 percent in 2015 and ended the year near a record low on Thursday as higher imports,

Published 31 Dec, 2015 03:07pm

Financial

Dollar mixed in quiet Asian trade

SINGAPORE: The dollar edged down against the yen in quiet trade Thursday as investors turned attention to the pace of fu

Published 31 Dec, 2015 09:25am

Financial

Sri Lankan rupee hits record closing low ahead of central bank rate decision

COLOMBO: The Sri Lankan rupee ended lower after touching a record low of 144.25 in intraday trade on Wednesday as specul

Published 30 Dec, 2015 04:21pm

Financial

Dollar slips as oil prices retreat

TOKYO: The dollar slipped against the euro and yen on Wednesday as another retreat in oil prices hit sentiment.Crude res

Published 30 Dec, 2015 09:47am

Financial

Sri Lankan rupee hits record closing low ahead of rate decision

COLOMBO: The Sri Lankan rupee closed at a record low on Tuesday as dollar demand from importers weighed on the local cur

Published 29 Dec, 2015 01:12pm

Financial

Yuan hits 4-year low; weak risk appetite dents Asia FX

SINGAPORE: The Chinese yuan briefly touched a 4-1/2 year low on Tuesday due to strong year-end dollar demand, while weak

Published 29 Dec, 2015 06:41am

Financial

South Korean won snaps 5-day winning streak; shares higher

SEOUL: The South Korean won snapped a five-session winning streak on Tuesday as investors turned cautious on riskier ass

Published 29 Dec, 2015 06:39am

Financial

Euro holds gains despite hints of more ECB stimulus

TOKYO: The euro held its gains in thin trading Tuesday, after a European Central Bank (ECB) official hinted at another w

Published 29 Dec, 2015 05:56am

Financial

Canadian dollar struggles as weaker oil weighs on commodity currencies

TOKYO: The Canadian dollar struggled near an 11-year low against the greenback on Tuesday as crude oil prices resumed th

Published 29 Dec, 2015 01:58am

Financial

NZ dollar crawls to 2-month highs, Aussie restrained

SYDNEY/WELLINGTON: The New Zealand dollar inched up to two-month hights on Tuesday buoyed by a hunt for yield, while its

Published 29 Dec, 2015 01:52am

Financial

China's yuan eases on weaker midpoint in tepid trading

SHANGHAI: China's yuan softened against the dollar on Monday in tepid trading after the central bank set a moderatel

Published 28 Dec, 2015 06:43am

Financial

Dollar up against yen in Asian trade

TOKYO: The dollar gained against the yen on Monday as investors bought back the US currency after it hit a two-month low

Published 28 Dec, 2015 06:25am

Financial

Dollar inches up against yen in Asian trade

TOKYO: The dollar edged up against the yen on Monday as investors bought back the US currency after it hit a two-month l

Published 28 Dec, 2015 06:09am

Financial

PBoC will extend trading hours for yuan

BEIJING: China will extend trading hours for its currency starting next month, the central bank said Wednesday, after th

Published 23 Dec, 2015 12:26pm

Financial

Sri Lankan rupee dips to record low on importer dollar demand

COLOMBO: The Sri Lankan rupee edged down on Wednesday to a record low level it hit earlier this month as dollar demand f

Published 23 Dec, 2015 09:25am

Financial

Dollar dips as effect of Fed rise wears off

HONG KONG: The dollar retreated against most of its major peers and emerging market currencies Wednesday, as analysts pr

Published 23 Dec, 2015 06:16am

Financial

Sri Lankan rupee ends steady in lacklustre trade ahead of holidays

COLOMBO: The Sri Lankan rupee ended steady on Tuesday amid thin trade as many investors stayed away in a holiday-shorten

Published 22 Dec, 2015 12:24pm

Financial

Turkish lira steady before central bank rate decision

ISTANBUL: The Turkish lira traded flat on Tuesday as investors held fire hours ahead of an interest rate decision seen a

Published 22 Dec, 2015 09:06am

Financial

Sri Lankan rupee edges up on exporter dollar sales

COLOMBO: The Sri Lankan rupee edged up on Tuesday on exporter dollar conversions, but trading was lacklustre as many inv

Published 22 Dec, 2015 08:40am

Financial

Australia, NZ dollars nudge up, test stiff resistance

SYDNEY/WELLINGTON: The Australian and New Zealand dollars edged up on Tuesday to find stiff chart resistance in trading

Published 22 Dec, 2015 06:40am

Financial

Rupiah climbs 1pc vs dollar, hits 1-month high

SINGAPORE: The Indonesian rupiah rose more than 1 percent against the dollar on Tuesday, up for the fourth straight day

Published 22 Dec, 2015 06:38am

Financial

Dollar steadies against euro, US data awaited for cues

TOKYO: The dollar steadied against the euro on Tuesday after dipping against the common currency on an inconclusive Span

Published 22 Dec, 2015 06:18am

Financial

Yuan firms with midpoint as China pledges support to economy

SHANGHAI: China's yuan firmed against the dollar on Tuesday, in line with the central bank's slightly stronger m

Published 22 Dec, 2015 05:53am

Financial

Sri Lankan rupee steady in dull trade ahead of holidays

COLOMBO: The Sri Lankan rupee ended steady on Monday amid lacklustre trading as many investors stayed away in a holiday-

Published 21 Dec, 2015 01:18pm

Financial

Dollar weakens against yen in Asia

TOKYO: The dollar weakened against the yen on Monday as demand for the safe haven Japanese currency grew on declines in

Published 21 Dec, 2015 08:31am

Financial

Australia, NZ dollars trapped by holiday lull

SYDNEY/WELLINGTON: The Australian and New Zealand dollars struggled for momentum on Monday as traders were reluctant to

Published 21 Dec, 2015 06:44am

Financial

Rupiah climbs on short-covering, suspected inflows

SINGAPORE: The Indonesian rupiah rose more than 1 percent against the US dollar on Monday, with market participants citi

Published 21 Dec, 2015 06:11am

Financial

Dollar adrift in a sea of central bank uncertainty

SYDNEY/TOKYO: The dollar drifted lower in light Asian trading on Monday amid doubts about how far and fast the Federal R

Published 21 Dec, 2015 06:03am

Financial

China's yuan inches up on firmer midpoint, easing pace may slow

SHANGHAI: China's yuan edged up against the dollar on Monday after the central bank set stronger guidance via its da

Published 21 Dec, 2015 06:01am

Currency	Rate
USD PKR Interbank Selling / Dec 26	278.42
USD PKR Interbank Buying / Dec 26	278.27
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03
France CAC40 / Dec 24	7,282.69
India Sensex / Dec 26	78,475.29

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 26	252.10
Karachi Cotton PKR/37.32 KG / Dec 26	17,785

Stock	Price
Sec. Inv. Bank / Dec 26 Security Investment Bank Limited(SIBL)	6.99 ▲ 1.00 (16.69%)
Next Capital / Dec 26 Next Capital Limited(NEXT)	9.90 ▲ 1.00 (11.24%)
Askari Life Assur. / Dec 26 Askari Life Assurance Company Limited(ALAC)	6.20 ▲ 0.60 (10.71%)
Pak Gulf Leasing / Dec 26 Pak-Gulf Leasing Company Limited(PGLC)	15.81 ▲ 1.44 (10.02%)
Pak. P.V.C. / Dec 26 Pakistan PVC Limited(PPVC)	11.20 ▲ 1.02 (10.02%)
Dewan Motors / Dec 26 Dewan Farooque Motors Limited(DFML)	42.21 ▲ 3.84 (10.01%)
Suhail Jute / Dec 26 Suhail Jute Mills Limited(SUHJ)	99.06 ▲ 9.01 (10.01%)
Dar-es-Salaam / Dec 26 Dar-es-Salaam Textile Mills Limited(DSML)	51.25 ▲ 4.66 (10.00%)
Liven Pharma / Dec 26 Liven Pharma Limited(LIVEN)	113.10 ▲ 10.28 (10.00%)

Stock	Price
Jauharabad Sug / Dec 26 Jauharabad Sugar Mills Limited(JSML)	23.10 ▼ -2.57 (-10.01%)
Mughal Energy / Dec 26 Mughal Energy Limited(GEM)(GEMMEL)	18.45 ▼ -2.05 (-10.00%)
Olympia Mills / Dec 26 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Faisal Sp. / Dec 26 Faisal Spinning Mills Limited(FASM)	265.50 ▼ -29.35 (-9.95%)
Power Cem(Pref) / Dec 26 Power Cement (Pref)(POWERPS)	12.25 ▼ -1.22 (-9.06%)
United Brands / Dec 26 United Brands Limited(UBDL)	23 ▼ -2.03 (-8.11%)
Kohinoor Textile / Dec 26 Kohinoor Textile Mills Limited(KTML)	115 ▼ -9.34 (-7.51%)
Gammon Pak / Dec 26 Gammon Pakistan Limited(GAMON)	48.01 ▼ -3.30 (-6.43%)
Khalid Siraj / Dec 26 Khalid Siraj Textile Mills Limited(KSTM)	8.50 ▼ -0.55 (-6.08%)

Stock	Volume
WorldCall Telecom / Dec 26 Worldcall Telecom Limited(WTL)	127,408,831 ▼ -0.05
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	67,135,769 ▲ 0.60
Sui South Gas / Dec 26 Sui Southern Gas Company Limited(SSGC)	33,559,500 ▼ -0.64
TRG Pak Ltd / Dec 26 TRG Pakistan Limited(TRG)	33,527,006 ▲ 4.72
Cnergyico PK / Dec 26 Cnergyico PK Limited(CNERGY)	33,367,944 ▼ -0.10
K-Electric Ltd. / Dec 26 K-Electric Limited(KEL)	30,254,338 ▼ -0.15
Hascol Petrol / Dec 26 Hascol Petroleum Limited(HASCOL)	27,155,152 ▲ 0.21
Aisha Steel Mill / Dec 26 Aisha Steel Mills Limited(ASL)	26,980,436 ▲ 0.29
Sui North Gas / Dec 26 Sui Northern Gas Pipelines Limited(SNGP)	26,262,710 ▲ 2.11