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

Asia Forex

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

Financial

Dollar steady in subdued trade ahead of holidays

TOKYO: The dollar was steady in Asian trading on Monday, as holiday calm replaced the previous week's heavy market a

Published 21 Dec, 2015 01:16am

Financial

Dollar gains traction, BoJ next up to the plate

SYDNEY: The US dollar stood at its highest in two weeks against a basket of currencies early on Friday, having made a de

Published 17 Dec, 2015 11:13pm

Financial

Sri Lankan rupee ends steady; Fed rate hike impact awaited

COLOMBO: The Sri Lankan rupee ended steady in thin trade on Thursday, as the market waited for the impact of the U.S. Fe

Published 17 Dec, 2015 12:50pm

Financial

Australia, New Zealand dollars on the skids after Fed hikes

SYDNEY/WELLINGTON: The Australian and New Zealand dollars fell on Thursday, as US dollar bulls cheered the Federal Reser

Published 17 Dec, 2015 07:52am

Financial

Dollar posts modest gains vs safe-haven currencies yen, Swiss franc

TOKYO: The dollar rose against the yen and Swiss franc as the first US interest rate hike in nine years coaxed investors

Published 17 Dec, 2015 06:49am

Financial

Fed euphoria seen short-lived, falling yuan drags Asia FX lower

SEOUL: Most emerging Asian currencies initially rose on Thursday after the Federal Reserve signalled that further tighte

Published 17 Dec, 2015 06:33am

Financial

New Zealand dollar down vs US dollar after Fed hikes rates

WELLINGTON: The New Zealand dollar was quoted at $0.6754 after the US Federal Reserve raised interest rates, down from $

Published 16 Dec, 2015 09:30pm

Financial

Sri Lankan rupee ends steady amid thin trade

COLOMBO: The Sri Lankan rupee snapped three straight sessions of losses when it touched record lows to end steady on Wed

Published 16 Dec, 2015 01:37pm

Financial

Sri Lankan rupee ends steady amid thin trade

COLOMBO: The Sri Lankan rupee snapped three straight sessions of losses when it touched record lows to end steady on Wed

Published 16 Dec, 2015 01:37pm

Financial

Australia cenbank's Stevens says A$ could fall further

SYDNEY: The Australian dollar could fall further in sympathy with lower commodity prices, the head of the Reserve Bank o

Published 15 Dec, 2015 10:29pm

Financial

Sri Lankan rupee falls to record low on importer dollar demand

COLOMBO: The Sri Lankan rupee ended at an all-time low on Tuesday for a third straight session on thin dollar buying by

Published 15 Dec, 2015 02:26pm

Financial

China's yuan falls on fresh 4-1/2 year low midpoint, more weakness seen

SHANGHAI: China's yuan closed weaker against the dollar on Tuesday after the central bank again set the midpoint at

Published 15 Dec, 2015 09:30am

Financial

Yuan hits 4-1/2-year low as China aims to loosen peg to dollar

SHANGHAI: China's yuan closed at its weakest level since July 2011 on Monday, after the central bank said it had beg

Published 14 Dec, 2015 10:26am

Financial

China, UAE renew 35bn yuan currency swap deal

BEIJING: China and the United Arab Emirates have renewed their local currency swap agreement for a further three years,

Published 14 Dec, 2015 09:55am

Financial

China central bank sets yuan/dollar midpoint at weakest level since July 2011

SHANGHAI; The People's Bank of China set its official midpoint rate at 6.4495 per dollar prior to the market open on

Published 14 Dec, 2015 09:41am

Financial

Dollar rises ahead of expected Fed rate hike

TOKYO: The dollar broadly rose Monday ahead of a key US central bank policy meeting, while China's yuan hit fresh mu

Published 14 Dec, 2015 05:37am

Financial

China opens door to weaker yuan

NEW YORK: China's yuan continued to tumble Friday after the government opened the door to further weakness, signalin

Published 12 Dec, 2015 12:22am

Financial

Sri Lankan rupee hits record low on importer dollar demand

COLOMBO: The Sri Lankan rupee hit a record intraday low on Friday as strong demand for dollars from importers outpaced s

Published 11 Dec, 2015 01:25pm

Financial

China cuts yuan to over four-year low vs dollar

SHANGHAI: China's central bank on Friday cut the yuan's value against the greenback to its lowest in more than f

Published 11 Dec, 2015 11:11am

Financial

Dollar ticks up as expected Fed rate hike draws closer

TOKYO: The dollar broadly rose against its major peers Friday as a key Federal Reserve meeting draws closer with policym

Published 11 Dec, 2015 06:36am

Financial

China's yuan hits another 4-year low, offshore gap widens

SHANGHAI/LONDON: China's yuan closed down against the dollar for the fifth session on Thursday while the offshore ma

Published 10 Dec, 2015 09:39pm

Financial

China's yuan opens weakest in nearly 4 months as PBOC permits depreciation

SHANGHAI: China's yuan weakened at open on Thursday after the central bank set the midpoint at a more than 4-year lo

Published 10 Dec, 2015 02:16am

Financial

Australia, NZ dollars surge on stunning jobs and RBNZ cut

SYDNEY: The Australian and New Zealand dollars surged on Thursday after markets were wrong footed by another stunning jo

Published 10 Dec, 2015 02:15am

Financial

Euro, yen lead gains as USD suffers positioning setback

SYDNEY: The euro held on to solid gains early on Thursday and stayed above the $1.10 big figure after comments from a ce

Published 10 Dec, 2015 01:26am

Financial

Sri Lankan rupee eases slightly on importer dollar demand

COLOMBO: The Sri Lankan rupee ended marginally lower on Wednesday as dollar demand from importers slightly outpaced gree

Published 09 Dec, 2015 02:12pm

Financial

Weaker yen post-Fed would give BoJ more policy latitude

TOKYO: The Bank of Japan will have more latitude to maintain its current policy stance if a Federal Reserve interest rat

Published 08 Dec, 2015 02:08pm

Financial

Sri Lankan rupee ends firm on dollar selling by bank, exporters

COLOMBO: The Sri Lankan rupee closed firmer on Tuesday due to dollar selling by exporters and a private foreign bank, an

Published 08 Dec, 2015 12:37pm

Financial

China's yuan ends at weakest versus dollar in more than 4 years

SHANGHAI: China's onshore yuan closed at its weakest against the dollar in more than 4 years on Tuesday, after the c

Published 08 Dec, 2015 09:00am

Financial

Yen gains as Japan averts recession

TOKYO: The yen picked up Tuesday after better-than-expected Japanese growth data eased worries about the economy, and lo

Published 08 Dec, 2015 07:36am

Financial

China's onshore yuan opens at weakest since late August

SHANGHAI: China's yuan opened at its lowest level since late August on Tuesday, after the central bank set a weaker

Published 08 Dec, 2015 01:39am

Financial

Australia, NZ dollar nurse heavy losses on oil, NZ rate outlook

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were nursing heavy losses on Tuesday after a tumble in oil pri

Published 08 Dec, 2015 01:34am

Financial

Dollar benefits as commodity currencies slide on oil spill

SYDNEY: The US dollar was broadly firmer early on Tuesday and at decade-highs against its Canadian peer, which along wit

Published 08 Dec, 2015 01:04am

Financial

Indonesia's forex reserves at $100.2bn by end-November

JAKARTA: Indonesia's foreign exchange reserves barely changed in November, standing at $100.24 billion at the end of

Published 07 Dec, 2015 02:45pm

Financial

China FX reserves plung to lowest level since Feb 2013

BEIJING: China's foreign exchange reserves, the world's largest, fell by $87.2 billion in November to $3.44 tril

Published 07 Dec, 2015 02:10pm

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee closed slightly weaker on Monday, as dollar demand from importers rose, but a bout of gree

Published 07 Dec, 2015 01:38pm

Financial

China's offshore yuan trades at weakest since early Sept

SHANGHAI: China's offshore yuan was trading at 6.4622 per dollar late on Monday afternoon, its weakest level since S

Published 07 Dec, 2015 08:41am

Financial

Dollar rises as upbeat US jobs data clears way for rate hike

TOKYO: The dollar rose Monday as strong US jobs data cleared what analysts said may be the final hurdle to the first Fed

Published 07 Dec, 2015 07:34am

Financial

Australia, NZ dollar slightly weaker ahead of data, RBNZ meeting

SYDNEY/WELLINGTON: The Australian and New Zealand dollars kept just below recent peaks on Monday with the market relucta

Published 07 Dec, 2015 02:22am

Financial

Dollar steadier after jobs data, China in focus this week

SYDNEY: The dollar got off to a subdued start on Monday, having recovered a bit of ground late last week after upbeat pa

Published 07 Dec, 2015 01:12am

Financial

Euro holds gains after surging on ECB stimulus move

TOKYO: The euro held most of its gains Friday as the European Central Bank's increased economic stimulus fell well s

Published 04 Dec, 2015 07:14am

Financial

Euro slides on ECB stimulus expectations

TOKYO: The euro slid in Asia Thursday ahead of a key meeting of the European Central Bank where policymakers are widely

Published 03 Dec, 2015 07:01am

Financial

Euro struggles ahead of key ECB meeting

TOKYO: The euro struggled Wednesday despite surprisingly upbeat eurozone economic data that cast doubt on the prospect o

Published 02 Dec, 2015 02:09pm

Financial

Euro treads water ahead of key ECB meeting

TOKYO: The euro treaded water in Asia Wednesday after surprisingly upbeat data suggested the eurozone's economy may

Published 02 Dec, 2015 06:50am

Financial

Dollar trips on disappointing data, Aussie shines

SYDNEY: The US dollar nursed broad losses early on Wednesday, having retreated from a multi-month peak as bulls got cold

Published 01 Dec, 2015 11:00pm

Financial

Dollar rally hits roadblock in Asian trading

TOKYO: The dollar fell against the yen, euro and a string of emerging Asian currencies Tuesday as investors turned cauti

Published 01 Dec, 2015 06:33am

Financial

Sri Lankan rupee ends weaker as importer demand surpasses inward remittances

COLOMBO: The Sri Lankan rupee ended weaker on Monday in light trade, hovering near a record low hit in the previous sess

Published 30 Nov, 2015 03:44pm

Financial

Euro weak ahead of European Central Bank meeting

TOKYO: The euro on Friday hovered around seven-month lows on the dollar and was also weak against Asian currencies on sp

Published 27 Nov, 2015 07:55am

Financial

Asia FX weaken; yuan set for longest weekly losing streak in 5 months

SINGAPORE: Most emerging Asian currencies eased on Friday and were set to suffer weekly losses on broad strength in the

Published 27 Nov, 2015 06:52am

Financial

Sri Lankan rupee falls to record low on importer dollar demand

COLOMBO: The Sri Lankan rupee fell to a record low of 143.15 per dollar on Thursday, posting its fourth straight session

Published 26 Nov, 2015 11:57am

Financial

Euro weakens on ECB stimulus speculation

TOKYO: The euro lost ground in Asian trading Thursday on growing expectations that the European Central Bank will announ

Published 26 Nov, 2015 06:56am

Financial

Safe-haven currencies get boost after Turkey jet strike

TOKYO: The yen and euro got a boost Wednesday as the Turkish downing of a Russian fighter jet sent investors into safer

Published 25 Nov, 2015 05:42am

Financial

Dollar holds euro gains but dips against emerging units

TOKYO: The dollar held its gains against the euro on Tuesday as markets bet on a Federal Reserve rate hike next month, w

Published 24 Nov, 2015 06:35am

Financial

Dollar up on rate rise as markets slow ahead of Thanksgiving

SINGAPORE: The dollar rose against the yen and emerging Asian currencies on Monday, boosted by a looming US interest rat

Published 23 Nov, 2015 06:24am

Financial

Dollar under pressure as Fed timetable in focus

TOKYO: The dollar edged down for a second day against emerging market currencies in Asia Friday as dealers focus on the

Published 20 Nov, 2015 08:07am

Financial

Sri Lankan rupee edges down ahead of budget

COLOMBO: The Sri Lankan rupee edged lower on Thursday as importer dollar demand surpassed mild greenback sales by export

Published 19 Nov, 2015 02:32pm

Financial

Dollar falls in Asia as Fed rate hikes seen as gradual

TOKYO: The dollar eased from seven-month highs against the euro Thursday as risk appetite was boosted by an upbeat outlo

Published 19 Nov, 2015 09:05am

Financial

Sri Lankan rupee edges up from record closing low on bank dollar sales

COLOMBO: The Sri Lankan rupee edged up on Wednesday, recovering from a record closing low in the previous session as dol

Published 18 Nov, 2015 02:18pm

Financial

China tightens offshore yuan market to slow outflows, rates rise

BEIJING/SHANGHAI: China has moved to restrict trade at offshore yuan clearing banks, sources told Reuters on Wednesday,

Published 18 Nov, 2015 11:35am

Financial

Dollar holds strength against euro in Asian trade

TOKYO: The dollar sat at seven-month highs against the euro and stood firm against the yen Wednesday following a pick-up

Published 18 Nov, 2015 07:17am

Financial

Sri Lankan rupee falls to record low on importer dollar demand

COLOMBO: The Sri Lankan rupee fell to an all-time low of 142.50 per dollar on Tuesday due to importer dollar demand ahea

Published 17 Nov, 2015 12:33pm

Financial

Sri Lankan rupee near record low on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Monday, not far from an all-time low hit in the previous session, on impor

Published 16 Nov, 2015 12:55pm

Financial

Euro sinks as safe havens rally after Paris attacks

TOKYO: The euro fell against its major peers in Asia Monday as dealers shifted back to safer investments after the deadl

Published 16 Nov, 2015 11:52am

Financial

China's yuan takes leap towards joining IMF currency basket

WASHINGTON: China's yuan moved closer to joining other top global currencies in the International Monetary Fund'

Published 14 Nov, 2015 03:29pm

Financial

Sri Lankan rupee hits record low on importer dollar demand

COLOMBO: The Sri Lankan rupee hit a record low on Friday as importer dollar demand surpassed the greenback sales from a

Published 13 Nov, 2015 02:15pm

Financial

Dollar under pressure on weak stocks ahead of US retail data

TOKYO: The dollar came under further selling pressure on Friday as investors turned cautious over falling global stocks

Published 13 Nov, 2015 06:53am

Financial

Sri Lankan rupee ends weaker near record low; budget awaited

COLOMBO: The Sri Lankan rupee edged down on Thursday, hovering near its record low hit earlier in the week, due to impor

Published 12 Nov, 2015 12:40pm

Financial

US dollar slips as Aussie lifted by jobs data

TOKYO: The dollar eased against most currencies in Asia early Thursday after surging at the start of the week, while a s

Published 12 Nov, 2015 07:29am

Financial

Dollar retreats as China data fails to lift worries

TOKYO: The dollar retreated in Asia on Wednesday after rallying on last week's US jobs data, as analysts said the la

Published 11 Nov, 2015 08:48am

Financial

Dollar eases against emerging market units after surge

TOKYO: The dollar edged down against most emerging market units Tuesday after the previous day's surge but ticked up

Published 10 Nov, 2015 10:19am

Financial

Dollar consolidates as payrolls-inspired rally cools

SYDNEY: The dollar hovered just below a seven-month peak against a basket of major currencies early on Tuesday, having c

Published 09 Nov, 2015 10:48pm

Financial

Asia emerging currencies slump on strong US jobs data

TOKYO: High-yielding emerging market currencies often seen as riskier assets suffered big losses on Monday in Asia after

Published 09 Nov, 2015 06:51am

Financial

Dollar holds gains ahead of key US jobs reports

TOKYO: The dollar on Friday hovered around two-month highs on the yen and rose against a string of emerging currencies a

Published 06 Nov, 2015 08:16am

Financial

Dollar steady as Fed chief keeps December rate rise in play

TOKYO: The dollar held steady in Asia Thursday after US central bank chief Janet Yellen suggested that a December US int

Published 05 Nov, 2015 06:54am

Financial

Sri Lankan rupee at record low ahead of key policy statement

COLOMBO: The Sri Lankan rupee fell 0.2 percent to end at a record low on Wednesday, due to higher demand for the dollar

Published 04 Nov, 2015 01:44pm

Financial

South Korea Oct fx reserves inch up to 3-month high

SEOUL: South Korea's foreign exchange reserves in October inched up to their highest level in three months thanks ma

Published 04 Nov, 2015 11:18am

Financial

China's yuan firms on Xi comment, dollar sales by state banks

SHANGHAI: China's yuan firmed against the dollar on Wednesday after President Xi Jinping said the country could main

Published 04 Nov, 2015 06:35am

Financial

Sri Lankan rupee steady in dull trade

COLOMBO: The Sri Lankan rupee was steady in thin trade on Tuesday as importer demand for the dollar offset mild greenbac

Published 03 Nov, 2015 07:49am

Financial

China gives currency largest boost in a decade

BEIJING: China raised the central rate for its yuan currency by the largest amount in a decade Monday, officials and rep

Published 02 Nov, 2015 07:21am

Financial

Dollar struggles after weak US, China data

TOKYO: The dollar extended its losses against the yen and euro Monday as weak US and Chinese data fuelled concerns about

Published 02 Nov, 2015 06:56am

Financial

Yen rises, Asia stocks fall ahead of Bank of Japan decision

HONG KONG: The yen edged up against the dollar while Tokyo equities dipped in early trade as investors await the end of

Published 30 Oct, 2015 06:24am

Financial

Dollar up on Fed's rate hint, yen boosted by Japan data

TOKYO: The dollar rallied Thursday on the Federal Reserve's upbeat outlook for the US economy and put a December int

Published 29 Oct, 2015 06:04am

Financial

Aussie dollar, emerging currencies dip in Asian trading

TOKYO: Jittery investors moved out of emerging market currencies Wednesday as they look to key US and Japanese central b

Published 28 Oct, 2015 06:57am

Financial

Yen rises against dollar as bank meetings eyed

TOKYO: The yen rose in Asia on Tuesday ahead of a closely watched Bank of Japan policy meeting this week while traders b

Published 27 Oct, 2015 07:05am

Financial

Dollar jumps against emerging currencies on China jitters

TOKYO: The dollar picked up against some emerging currencies Monday, as China's interest rate cut at the end of last

Published 26 Oct, 2015 06:43am

Financial

Emerging currencies soar as ECB hints at fresh stimulus

TOKYO: The euro held on to losses and emerging currencies soared Friday after the head of the European Central Bank (ECB

Published 23 Oct, 2015 12:35pm

Financial

Sri Lankan rupee tad weaker on importer dollar demand; stocks up

COLOMBO: The Sri Lankan rupee traded a tad weaker on Thursday due to importer dollar demand, dealers said.The rupee was

Published 22 Oct, 2015 08:08am

Financial

Dollar weakens against commodity-linked currencies

TOKYO: Commodity-linked currencies rose against the dollar Thursday as oil prices recovered while sentiment got a boost

Published 22 Oct, 2015 07:09am

Financial

Yen under pressure on Bank of Japan stimulus bets

TOKYO: The yen was under pressure Wednesday as poor Japanese trade data stoked speculation that the Bank of Japan may un

Published 21 Oct, 2015 06:29am

Financial

Dollar index to rise to 95.352

SINGAPORE: The dollar index is expected to rise to 95.352 in a week, as it has climbed above a resistance at 94.518. The

Published 19 Oct, 2015 08:30am

Financial

HKMA sells HK$13.64bn to keep Hong Kong dollar in trading band

HONG KONG: The Hong Kong Monetary Authority (HKMA) stepped into the currency market and sold a total of HK$13.64 billion

Published 17 Oct, 2015 08:21am

Financial

Australia, NZ dollars run into profit-taking after large gains

SYDNEY: The Australian and New Zealand dollars ran into profit-taking on Friday following two sessions of hefty gains, w

Published 16 Oct, 2015 07:24am

Financial

Dollar gains on US inflation data, ECB easing expectations

TOKYO: The dollar rebounded from 7-week lows on Friday thanks to stronger-than-expected US inflation data and after Euro

Published 16 Oct, 2015 07:15am

Financial

China's yuan softens on dollar rebound, talk of looming rate cut

SHANGHAI: China's yuan weakened on Friday after the dollar rebounded in global markets and as investors expected fur

Published 16 Oct, 2015 07:12am

Financial

JGBs little changed, traders look to Kuroda

TOKYO: Japanese government bond prices were little changed on Friday, with market players looking to Bank of Japan Gover

Published 16 Oct, 2015 06:51am

Financial

Sri Lankan rupee edges up on dollar selling by banks; stocks up

COLOMBO: The Sri Lankan rupee edged up on Friday due to dollar selling by banks and on expectations of inflows after a b

Published 16 Oct, 2015 06:39am

Financial

Australia, NZ dollars nurse losses as China weighs

SYDNEY: The Australian and New Zealand dollars nursed losses on Wednesday as concerns about China and global growth sent

Published 14 Oct, 2015 09:00am

Financial

Dollar weakens against yen on demand for safer assets

TOKYO: The dollar declined against the yen on Wednesday on expectations a US interest rate rise will be delayed while de

Published 14 Oct, 2015 08:43am

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Tuesday due to importer dollar demand and weak exporter dollar sales, deal

Published 13 Oct, 2015 12:15pm

Financial

Dollar rises against emerging currencies after China data

TOKYO: The dollar rallied against emerging currencies in Asia Tuesday as Chinese trade data showing an import slump fuel

Published 13 Oct, 2015 06:14am

Financial

Sri Lankan rupee ends weaker on late importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Monday as late importer dollar demand outpaced dollar selling by banks, de

Published 12 Oct, 2015 11:46am

Financial

Sri Lankan rupee rises on bank dollar selling

COLOMBO: The Sri Lankan rupee ended up on Friday as banks sold dollars with subdued importer dollar demand due to measur

Published 09 Oct, 2015 01:03pm

Financial

Emerging currencies, Asia equities rally on Fed minutes

HONG KONG: Malaysia's ringgit and Indonesia's rupiah led an emerging market rally against the dollar Friday whil

Published 09 Oct, 2015 12:08pm

Financial

Dollar stung by Fed minutes, commodity currencies outperform

SYDNEY: The dollar started trade in Asia on Friday under a cloud, having come under renewed pressure after minutes of th

Published 08 Oct, 2015 11:34pm

Financial

Emerging market currencies make fresh gains

TOKYO: The dollar declined further against some emerging Asian currencies Thursday on waning expectations of an early ri

Published 08 Oct, 2015 06:35am

Financial

Sri Lankan rupee ends higher on dollar selling by bank, low importer demand

COLOMBO: The Sri Lankan rupee ended firmer on Wednesday as a private bank sold dollars amid tepid demand for the greenba

Published 07 Oct, 2015 12:41pm

Financial

Yen firmer after BoJ holds fire on fresh easing

TOKYO: The yen rose against the dollar Wednesday after the Bank of Japan refrained from expanding its monetary easing pr

Published 07 Oct, 2015 07:50am

Financial

Sri Lankan rupee ends higher on bank dollar sales

COLOMBO: The Sri Lankan rupee closed slightly firmer on Tuesday, as dollar selling by a private bank surpassed demand fo

Published 06 Oct, 2015 12:10pm

Financial

Dollar holds steady on improved risk appetite

TOKYO: The dollar held its ground on Tuesday against major currencies as investors returned to equities, betting that th

Published 06 Oct, 2015 06:16am

Financial

Sri Lankan rupee steady on bank dollar sales; stx little changed

COLOMBO: The Sri Lankan rupee traded steady on Monday as importer dollar demand offset greenback sales by a private bank

Published 05 Oct, 2015 06:40am

Financial

Dollar steady against emerging market currencies

TOKYO: The dollar faced selling pressure against major currencies but strengthened against most of its Asia-Pacific peer

Published 05 Oct, 2015 06:00am

Financial

Sri Lankan rupee firmer on bank dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Friday on dollar sales by a private bank amid mild demand for the greenbac

Published 02 Oct, 2015 03:02pm

Financial

China's yuan rises on pre-holiday demand, central bank intervention

SHANGHAI: China's yuan firmed against dollar both onshore and offshore on Wednesday as demand for the currency soare

Published 30 Sep, 2015 05:46am

Financial

Yen gains on commodity worries ahead of US jobs data

TOKYO: The yen gained Tuesday on worries that China's economy will weigh on global growth, while other Asian currenc

Published 29 Sep, 2015 06:23am

Financial

Dollar rises on rate hike talk, stocks hurt by China fears

HONG KONG: An uptick in US economic growth increased expectations the Federal Reserve will hike US interest rates by the

Published 28 Sep, 2015 07:24am

Financial

Dollar, yen up on growth fears, Yellen speech in focus

TOKYO: Asian traders shifted to safety Thursday with the dollar extending gains against emerging currencies as China con

Published 24 Sep, 2015 08:54am

Financial

Asian currencies retreat as talk of Fed rate hike returns

SINGAPORE: The dollar was dominant in Asia Tuesday as Fed officials talked up expectations for an increase in interest r

Published 22 Sep, 2015 06:39am

Financial

Dollar slips in Asia after Fed stands pat on rates

TOKYO: The dollar fell against the yen on Friday in Asia after the US Federal Reserve held fire on raising rates, citing

Published 18 Sep, 2015 07:11am

Financial

Dollar weakens in tentative trade ahead of Fed decision

TOKYO: The dollar was broadly weaker in cautious Tokyo trade Wednesday, ahead of a US interest rate decision this week t

Published 16 Sep, 2015 07:33am

Financial

Sri Lankan rupee at record low on importer dollar demand

COLOMBO: The Sri Lankan rupee weakened 0.3 percent on Tuesday, hitting a record low for a third session in a row due to

Published 15 Sep, 2015 12:22pm

Financial

Sri Lankan rupee hits record low on importer dollar demand

COLOMBO: The Sri Lankan rupee touched an all-time low of 140.00 per dollar on Monday due to importer dollar demand, alth

Published 14 Sep, 2015 02:30pm

Financial

Dollar broadly weaker in Asian trade

TOKYO: The dollar broadly weakened against its Asian peers on Monday, fuelled by persistent worries over China's eco

Published 14 Sep, 2015 06:54am

Financial

Sri Lankan rupee hits record low on importer dollar demand

COLOMBO: The Sri Lankan rupee fell 0.25 percent on Friday, hitting a record low as late importer dollar demand outpaced

Published 11 Sep, 2015 11:43am

Financial

South Korea won rises, tracking Chinese yuan; shares lose ground

SEOUL: The South Korean won joined most its regional peers in strengthening against the dollar on Friday, led by the Chi

Published 11 Sep, 2015 06:59am

Financial

Dollar broadly lower as traders move to riskier currencies

TOKYO: A broadly upbeat mood across Asian markets helped boost higher-risk currencies Friday, although analysts said tra

Published 11 Sep, 2015 06:35am

Financial

Yen picks up as tumbling equity markets hurt sentiment

TOKYO: The yen picked up in Asian currency trading Thursday as traders moved into safer assets after regional equity mar

Published 10 Sep, 2015 06:53am

Financial

Yen sold as sentiment picks up on equity market surge

TOKYO: Currency traders sold the yen Wednesday as they moved into riskier assets on a wave of surging global equity mark

Published 09 Sep, 2015 09:31am

Financial

Sri Lankan rupee ends down on importer dollar demand

COLOMBO: The Sri Lankan rupee fell on Tuesday as importer dollar demand outpaced greenback selling by exporters in the a

Published 08 Sep, 2015 12:28pm

Financial

Dollar ticks up in Asian trading

TOKYO: The dollar ticked up in Asia on Monday, after retreating last week on the back of a mixed US jobs report that clo

Published 07 Sep, 2015 06:45am

Financial

Yen strengthens ahead of US jobs report

TOKYO: The yen strengthened on Friday as nervous investors pushed into safer assets ahead of a closely watched US jobs r

Published 04 Sep, 2015 06:06am

Financial

Sri Lankan rupee at record low after state bank raises dollar peg

COLOMBO: The Sri Lankan rupee closed at an all-time low on Thursday as a state-run bank, through which the central bank

Published 03 Sep, 2015 11:50am

Financial

Dollar firms as investors shift focus on US jobs data

TOKYO: The dollar firmed against the euro and yen in Asia Wednesday as optimism grew over the health of the US economy.B

Published 02 Sep, 2015 05:23am

Financial

Dollar weakens further in Asia

TOKYO: The dollar lost ground for a second day Tuesday in line with a fall in Asian shares, as concerns about the global

Published 01 Sep, 2015 06:54am

Financial

Sri Lankan rupee ends weaker ahead of central bank policy meeting

COLOMBO: The Sri Lankan rupee closed lower for a second straight session on Monday as a state-run bank, through which th

Published 31 Aug, 2015 11:50am

Financial

Dollar's rate rise rally fizzles as China fears weigh

TOKYO: The dollar slipped against the yen and euro Monday on fears that China's economic malaise could drag on globa

Published 31 Aug, 2015 06:59am

Financial

Sri Lankan rupee falls after state-run bank raises dollar peg

COLOMBO: The Sri Lankan rupee fell on Friday as a state-run bank, through which the central bank usually directs the mar

Published 28 Aug, 2015 11:52am

Financial

Dollar ticks up after upbeat US growth figures

TOKYO: The dollar rose against the yen Friday after upbeat US growth data suggested the world's top economy was weat

Published 28 Aug, 2015 05:06am

Financial

Australian, NZ dollars underpinned by global equities rally

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were on a firmer footing on Thursday, as a sharp rebound in As

Published 27 Aug, 2015 06:32am

Financial

Currency traders sell the yen as China fears ease

TOKYO: Currency traders sold the yen Thursday as worries over China's economic slowdown eased slightly and after equ

Published 27 Aug, 2015 05:41am

Financial

Australian, NZ dollars capped by Chinese market turmoil

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were held hostage on Wednesday to developments in China in ano

Published 26 Aug, 2015 06:16am

Financial

Dollar ticks up after China moves to calm market turmoil

TOKYO: The dollar ticked up against the yen on Wednesday as Chinese authorities moved to shore up the world's number

Published 26 Aug, 2015 05:40am

Financial

Indian rupee, bonds gain after China eases rates, reserve requirements

MUMBAI: The Indian rupee extended gains in afternoon trading on Tuesday, rebounding further from a two-year low against

Published 25 Aug, 2015 12:08pm

Financial

Sri Lankan rupee falls after state-run bank raises dollar peg

COLOMBO: The Sri Lankan rupee fell for a third straight session on Tuesday after a state-run bank, through which the cen

Published 25 Aug, 2015 11:59am

Financial

Australian, NZ dollars bounce off 6-years lows, but sentiment fragile

SYDNEY/WELLINGTON: The Australian and New Zealand dollars regained some ground on Tuesday as investors went bargain hunt

Published 25 Aug, 2015 05:52am

Financial

Dollar climbs vs yen as risk aversion eases

SINGAPORE/TOKYO: The dollar rose more than 1 percent against the yen on Tuesday and pulled away from seven-month lows as

Published 25 Aug, 2015 05:44am

Financial

China's yuan weakens as stock market extends decline

SHANGHAI: China's yuan dipped against the dollar on Tuesday after closing at its weakest level since 2011 on Monday,

Published 25 Aug, 2015 05:39am

Financial

Japan finance minister warns over yen's rapid rise

TOKYO: Japan's finance minister on Tuesday warned over the yen's rapid rise after the dollar plunged to a seven-

Published 25 Aug, 2015 05:27am

Financial

Sri Lankan rupee weaker after state-run bank raises dollar peg

COLOMBO: The Sri Lankan rupee ended weaker on Monday for the second straight session after a state-run bank, through whi

Published 24 Aug, 2015 01:18pm

Financial

Dollar dumped on China economy jitters

TOKYO: Currency traders dumped the dollar Monday on the back of a global equities rout, as fears about China and the glo

Published 24 Aug, 2015 07:39am

Financial

Dollar takes a hit on global growth jitters

TOKYO: Currency traders sold the dollar in Asian trading on Friday as confidence in the global economy headed south and

Published 21 Aug, 2015 05:21am

Financial

Dollar struggles as Fed minutes dampen rate-hike hopes

TOKYO: The dollar was under pressure against the yen and euro in Asia Thursday after surprisingly bearish minutes from t

Published 20 Aug, 2015 07:50am

Financial

Kazakh currency falls 23pc after switch to free-float

ASTANA: Energy-rich Kazakhstan announced Thursday it was abandoning its currency band for a free-floating exchange rate,

Published 20 Aug, 2015 06:14am

Financial

Dollar struggles as Fed minutes dampen rate-hike hopes

TOKYO: The dollar was under pressure in Asian trading Thursday after surprisingly bearish minutes from the US Federal Re

Published 20 Aug, 2015 05:00am

Financial

Sri Lankan rupee ends firmer as state-run bank cuts dollar peg

COLOMBO: The Sri Lankan rupee ended higher on Wednesday after a state-run bank, through which the central bank usually d

Published 19 Aug, 2015 01:14pm

Financial

Dollar up on rate hike hopes, baht falls after Bangkok blast

TOKYO: The dollar rose against the yen Tuesday as strong housing data bolstered hopes for a US interest rate hike, while

Published 18 Aug, 2015 05:25am

Financial

Sri Lanka rupee falls as state bank raises dollar peg

COLOMBO: The Sri Lankan rupee fell on Monday, declining for a third session in four, as a state-run bank raised the curr

Published 17 Aug, 2015 12:12pm

Financial

China strengthens yuan rate against dollar by 0.01pc

SHANGHAI: China's central bank on Monday raised the value of the yuan against the US dollar by 0.01 percent, the nat

Published 17 Aug, 2015 06:55am

Financial

Dollar gains on September rate hike hopes

TOKYO: The dollar rose against the euro and yen on Monday as upbeat US data kept hopes for an interest rate rise as earl

Published 17 Aug, 2015 06:41am

Financial

Malaysian ringgit at 17-year low on oil, politics, yuan

KUALA LUMPUR: Malaysia's ringgit currency suffered one of its worst one-day declines on Friday, falling to a fresh 1

Published 14 Aug, 2015 01:40pm

Financial

Sri Lanka rupee ends weaker for 2nd day as state bank raises dollar peg

COLOMBO: The Sri Lankan rupee ended weaker on Thursday for the second straight session as a state-run bank raised the cu

Published 13 Aug, 2015 01:49pm

Financial

Asian currencies recover after yuan-cut rout

TOKYO: Asian currencies gained Thursday, rebounding from the worst two-day rout in almost 20 years after China reassured

Published 13 Aug, 2015 08:25am

Financial

Dollar jumps after China devalues currency again

TOKYO: The dollar rose against a range of Asia-Pacific currencies on Wednesday after China cut the value of the yuan aga

Published 12 Aug, 2015 04:31am

Financial

Sri Lanka rupee ends steady despite importer dollar demand

COLOMBO: The Sri Lankan rupee ended steady on Tuesday as a state-run bank, through which the central bank usually direct

Published 11 Aug, 2015 05:54pm

Financial

China yuan devaluation pressures Asian currencies

TOKYO: Asia's currencies came under pressure on Tuesday after China unexpectedly devalued its yuan currency in the f

Published 11 Aug, 2015 05:30am

Financial

Dollar rises against yen after US jobs report

TOKYO: The dollar rose against the yen in Asia on Monday after a solid US jobs report boosted expectations that the Fede

Published 10 Aug, 2015 05:43am

Financial

Australia, NZ dollars seen lower again on rate outlook

SYDNEY: Analysts have again cut their forecasts for the Australian and New Zealand dollars to reflect the diverging outl

Published 07 Aug, 2015 05:56am

Financial

Dollar ticks up ahead of US jobs data

TOKYO: The dollar rose against the euro and yen Friday as traders focus on key US jobs data later in the day, with an up

Published 07 Aug, 2015 04:50am

Financial

South Korea won inches up ahead of US key jobs data; shares fall

SEOUL: The South Korean won inched up to the dollar on Thursday as some traders trimmed dollar-long positions ahead of U

Published 06 Aug, 2015 07:52pm

Financial

Sri Lanka rupee ends steady; state bank dollar sales offset importer demand

COLOMBO: The Sri Lankan rupee ended steady on Wednesday as dollar selling by a state-run bank offset importer demand for

Published 05 Aug, 2015 02:17pm

Financial

Dollar rises after Fed official's rate hike comment

TOKYO: The dollar rose against the euro and yen in Asia Wednesday, adding to gains driven by a US Federal Reserve offici

Published 05 Aug, 2015 06:15am

Financial

Euro under pressure after hair-raising Greek stock plunge

TOKYO: The euro was under pressure Tuesday following a sell-off in New York as a plunge on the Greek stock market revive

Published 04 Aug, 2015 07:42am

Financial

Dollar rally takes breather in Asia

TOKYO: The dollar eased against the yen Friday after a three-day rally driven by upbeat US economic growth and expectati

Published 31 Jul, 2015 09:48am

Financial

Dollar picks up after Fed boosts view on economy

TOKYO: The dollar picked up Thursday after the Federal Reserve boosted its view of the US economy, with analysts saying

Published 30 Jul, 2015 06:59am

Financial

Dollar dips ahead of Fed policy statement

TOKYO: The dollar eased Wednesday as traders remained on edge after a China stock market plunge this week and as the Fed

Published 29 Jul, 2015 06:00am

Financial

Sri Lanka rupee up after state bank cuts dollar peg

COLOMBO: The Sri Lankan rupee ended a tad firmer on Tuesday after a state-run bank cut the currency's peg against th

Published 28 Jul, 2015 07:23pm

Financial

Dollar under pressure on China equity rout concerns

TOKYO: The dollar recovered slightly against the yen Tuesday, although gains were limited as investors remain on edge af

Published 28 Jul, 2015 06:57am

Financial

Dollar edges down ahead of Fed meeting

TOKYO: The dollar was under pressure Monday following weak US housing figures, as traders await the start of the Federal

Published 27 Jul, 2015 07:31am

Financial

Euro softens in Asia after Greece gains

TOKYO: The euro lost early gains in Asia on Friday after getting a boost from progress in the Greek debt crisis, while t

Published 24 Jul, 2015 01:03pm

Financial

Dollar hits new multi-year highs against emerging market units

TOKYO: The dollar hit fresh multi-year highs against some emerging market currencies Friday as investors increasingly be

Published 24 Jul, 2015 12:59pm

Financial

NZ dollar jumps after RBNZ cuts rates, softens FX stance

WELLINGTON: The New Zealand dollar jumped to a one-week high on Thursday after the Reserve Bank of New Zealand delivered

Published 22 Jul, 2015 11:15pm

Financial

Sri Lanka rupee ends steady on state bank dollar sales

COLOMBO: The Sri Lankan rupee ended steady on Wednesday in dull trade as a state-owned bank maintained its dollar-sellin

Published 22 Jul, 2015 11:09pm

Financial

Dollar rally stumbles ahead of Fed meeting

TOKYO: The dollar's rally against the yen stumbled Wednesday before a Federal Reserve meeting next week which could

Published 22 Jul, 2015 08:29am

Financial

Sri Lanka rupee ends higher as state bank cuts dollar peg

COLOMBO: The Sri Lankan rupee ended firmer on Tuesday as a state-run bank cut the currency's peg against the US doll

Published 21 Jul, 2015 07:25pm

Financial

Dollar picks up on interest rate hike speculation

TOKYO: The dollar climbed Tuesday to a five-week high against the yen and held its euro gains on growing expectations th

Published 21 Jul, 2015 11:24am

Financial

Sri Lanka rupee ends steady for 5th session on state bank dollar sales

COLOMBO: The Sri Lankan rupee ended steady for a fifth straight session on Monday as a state-run bank kept the selling r

Published 20 Jul, 2015 12:58pm

Financial

Dollar firm in Asia with focus on Fed rate hike timing

SINGAPORE: The dollar firmed in Asia Monday with investors focusing on the timing of a US interest rate increase after d

Published 20 Jul, 2015 07:43am

Financial

Dollar holds up as Greece, China fears ease

TOKYO: The dollar was firm against the yen and euro on Friday as fears about Greece's debt and a rout on Chinese sto

Published 17 Jul, 2015 12:26pm

Financial

Sri Lanka rupee ends steady on state bank dollar sales

COLOMBO: The Sri Lankan rupee ended steady on Thursday as a state-run bank kept the selling rate of the greenback at 133

Published 16 Jul, 2015 12:55pm

Financial

Yen dips after Bank of Japan cuts growth, inflation forecasts

TOKYO: The yen edged lower Wednesday as Japan's central bank cut its annual growth and inflation forecasts for the w

Published 15 Jul, 2015 07:04am

Financial

Dollar higher against euro after Greece deal

TOKYO: The dollar rose against the euro in Asian trade Tuesday after Greece reached a tentative new bailout deal, with i

Published 14 Jul, 2015 05:40am

Financial

Sri Lanka rupee ends steady amid thin trade

COLOMBO: The Sri Lankan rupee ended steady for a sixth straight session on Friday in dull trade as demand for more dolla

Published 10 Jul, 2015 12:49pm

Financial

Yen rally hits roadblock in Asian trade

TOKYO: The yen's brief climb hit a block in Asia Thursday with sentiment picking up as Chinese stock markets rallied

Published 09 Jul, 2015 07:34am

Financial

Sri Lanka spot rupee steady for 3rd session; state bank sells dollar

COLOMBO: The Sri Lankan rupee ended steady for a third straight session on Tuesday in dull trade as a state-run bank sol

Published 07 Jul, 2015 12:04pm

Financial

Malaysia ringgit hits 16-year low on political uncertainty

KUALA LUMPUR: Malaysia's ringgit hit a 16-year low Monday on growing political uncertainty following allegations tha

Published 06 Jul, 2015 07:53am

Financial

Euro steady as investors weigh risks of Greek exit

TOKYO: The euro held its ground in Asia on Monday despite the odds of a Greek exit from the eurozone spiking after the c

Published 06 Jul, 2015 06:36am

Financial

Mixed US jobs report weighs on dollar

TOKYO: The dollar was under pressure Friday following a mixed US jobs report that has investors questioning the likeliho

Published 03 Jul, 2015 06:50am

Financial

Sri Lankan spot rupee up as state bank lowers dollar selling rate

COLOMBO: The Sri Lankan rupee traded firmer on Thursday as a state-run bank, through which the central bank usually dire

Published 02 Jul, 2015 08:48am

Financial

Euro ticks higher ahead of Greek debt referendum

TOKYO: The euro ticked higher in Asia on Thursday as an upbeat US jobs report boosted sentiment while investors look to

Published 02 Jul, 2015 06:16am

Financial

Euro holds steady after Greece defaults

TOKYO: The euro held steady in Asia on Wednesday as traders shrugged off the widely expected default by Greece, with foc

Published 01 Jul, 2015 05:57am

Financial

Sri Lankan spot rupee steady; forwards weaker on dollar short supply

COLOMBO: The Sri Lankan rupee was steady in dull trade on Monday as a state-run bank, through which the central bank usu

Published 29 Jun, 2015 06:52am

Financial

Euro eases amid Greece debt talks stand-off

TOKYO: The euro lost ground against the dollar and the yen in Asian trade Friday after hopes for a Greek debt deal began

Published 26 Jun, 2015 12:40pm

Financial

Sri Lankan rupee trades steady on state bank dollar selling

COLOMBO: The Sri Lankan rupee was steady in dull trade on Friday as a state-run bank sold dollars at 133.70, dealers sai

Published 26 Jun, 2015 07:10am

Financial

Japan consumer prices up 0.1pc year-on-year in May; govt

TOKYO: Japanese consumer prices grew a tepid 0.1 percent year-on-year in May while household spending rose for the first

Published 26 Jun, 2015 06:47am

Financial

Euro holds on to gains in wait for Greek debt deal

TOKYO: The euro held on to gains on Thursday as market players waited for fresh news from marathon talks over a bailout

Published 25 Jun, 2015 06:18am

Financial

Euro sags as focus returns to US rates

TOKYO: The euro sagged on Wednesday as investors' confidence on a Greek debt deal allowed focus to shift to the pros

Published 24 Jun, 2015 05:38am

Financial

China's yuan flat, short-term stability seen

SHANGHAI: China's yuan was flat against the dollar on Tuesday, moving in a narrow range after the central bank set t

Published 23 Jun, 2015 05:47am

Financial

Euro holds firm as investors wait for Greek deal

TOKYO: The euro held firm on Tuesday, aided by speculation that debt-ridden Greece will reach a bailout deal and avoid d

Published 23 Jun, 2015 05:31am

Financial

Euro holds up despite Greek debt fears

TOKYO: The euro held up Friday with investors weighing the impact of a possible Greek default after the latest talks to

Published 19 Jun, 2015 07:39am

Financial

Yuan little changed on PBOC guidance, seen trading narrowly

SHANGHAI: China's yuan barely moved on Wednesday after the central bank kept its official midpoint almost flat.The P

Published 17 Jun, 2015 05:28am

Financial

Dollar ticks up ahead of Fed meeting

TOKYO: The dollar edged up against the yen and euro Wednesday as investors await the outcome of a Federal Reserve policy

Published 17 Jun, 2015 05:17am

Financial

Euro shakes off Greece woes in Asia, Fed meeting in focus

HONG KONG: The euro edged up in Asia Wednesday despite Greece hitting out at its creditors as its debt reform talks rema

Published 17 Jun, 2015 04:04am

Financial

China's yuan snaps 8-day losing streak on firmer midpoint

SHANGHAI: China's yuan snapped an eight-day losing streak against the dollar on Tuesday and edged up after the centr

Published 16 Jun, 2015 06:21am

Financial

Sri Lanka rupee steady at record low; stocks up

COLOMBO: The Sri Lankan rupee traded steady at a record low on Monday in dull trade as a state-run bank, through which t

Published 15 Jun, 2015 07:41am

Financial

Australia, NZ dollars subdued after week of contrasting fortunes

SYDNEY: The Australian and New Zealand dollars were subdued on Friday after a week that saw the Aussie rally as chances

Published 12 Jun, 2015 07:23am

Financial

China's yuan flat for 3rd straight day, could end week lower

SHANGHAI: China's yuan was flat against the dollar on Friday for the third consecutive trading session after the cen

Published 12 Jun, 2015 07:21am

Financial

Sri Lanka rupee falls to record low

COLOMBO: The Sri Lankan rupee fell to a record low of 134 on Friday as a state-run bank, through which the central bank

Published 12 Jun, 2015 07:04am

Financial

Euro falls as IMF walks out of Greek bailout talks

TOKYO: The euro fell on Friday as hopes for a Greek bailout deal took a hit after the International Monetary Fund pulled

Published 12 Jun, 2015 06:53am

Financial

Sri Lankan rupee steady on dollar selling by state bank

COLOMBO: The Sri Lankan rupee traded steady as a state-run bank continued to sell dollars at 133.80 for the third day on

Published 11 Jun, 2015 07:58am

Financial

Yen retraces after rally as analysts tip further weakness

TOKYO: The yen retreated against the dollar Thursday, giving up strong gains from the previous session spurred by commen

Published 11 Jun, 2015 07:13am

Financial

Dollar strength returns after plunge against yen

TOKYO: The dollar resumed its uptrend against the yen Thursday after suffering a sharp sell-off in the previous session,

Published 11 Jun, 2015 05:58am

Financial

China's yuan flat, dollar supply-demand seen in balance

SHANGHAI: China's yuan steadied against the dollar on Wednesday after the central bank set the daily guidance rate n

Published 10 Jun, 2015 05:29am

Financial

Euro rises on hopes for Greek bailout deal

TOKYO: The euro strengthened Wednesday as investors bet Greece is nearing a bailout deal with its international creditor

Published 10 Jun, 2015 04:47am

Financial

China's yuan slips on weak midpoint, large trade surplus caps losses

SHANGHAI: China's yuan eased against the dollar on Monday after the central bank set the daily guidance rate lower f

Published 08 Jun, 2015 06:49am

Financial

Dollar still strong after US jobs report

TOKYO: The dollar held steady in Asia on Monday after soaring on a strong US jobs report that sparked talk the Federal R

Published 08 Jun, 2015 06:10am

Financial

Euro drifts lower on unresolved Greek debt talks

TOKYO: The euro lost ground Friday on uncertainty about Greece's future in the eurozone as it struck a last-minute d

Published 05 Jun, 2015 05:55am

Financial

Sri Lankan rupee forwards rise amid dollar sales

COLOMBO: Sri Lankan rupee forwards ended firmer on Thursday, gaining for a third straight day on dollar sales amid expec

Published 04 Jun, 2015 12:32pm

Financial

South Korea won posts biggest daily gain in 3 weeks; shares down

SEOUL: The South Korean won posted its biggest daily gain against the dollar in three weeks on Wednesday as the greenbac

Published 03 Jun, 2015 08:19pm

Financial

Dollar pressured after rally fizzles

TOKYO: The dollar was under pressure against the euro and other currencies Wednesday after its rally ended on doubts ove

Published 03 Jun, 2015 06:17am

Financial

Dollar hits more than 12 year high on yen

TOKYO: The dollar hit a more than 12-year high against the yen on Tuesday as upbeat US data reignited talk of an interes

Published 02 Jun, 2015 05:37am

Financial

Sri Lanka rupee forwards gain; spot trading resumes

COLOMBO: Sri Lankan rupee forwards were firmer on Monday as the spot currency started to trade after the island nation r

Published 01 Jun, 2015 09:45am

Financial

Dollar steady in Asia despite weak GDP data

TOKYO: The dollar was steady on Monday despite a first-quarter contraction in the US economy as investors look for clues

Published 01 Jun, 2015 06:16am

Financial

Dollar eases against yen in Asia after rally

TOKYO: The dollar took a breather Friday, after a sharp run-up fuelled by expectations for a US interest rate hike this

Published 29 May, 2015 04:56am

Financial

Sri Lanka rupee forwards gain on 10-year dollar bond launch

COLOMBO: Sri Lankan rupee forwards rose for the first time in nearly two weeks as exporters converted some dollars after

Published 28 May, 2015 12:16pm

Financial

China's yuan little changed as central bank keeps steady hand on tiller

SHANGHAI: China's yuan was little changed against the dollar on Thursday as the central bank kept its daily guidance

Published 28 May, 2015 06:03am

Financial

Dollar soars to more than 12-year high against yen

TOKYO: The dollar soared to its highest level against the yen in more than 12 years on Thursday, powered by expectations

Published 28 May, 2015 04:37am

Financial

NZ dollar edges up after Fonterra milk payout announcement

WELLINGTON: The New Zealand dollar rose on Thursday after dairy co-operative Fonterra forecast a slight improvement in g

Published 27 May, 2015 08:51pm

Financial

Sri Lanka rupee forwards down on importer dollar demand

COLOMBO: Sri Lanka's rupee forwards traded weaker on Wednesday due to importer dollar demand amid outflows from fore

Published 27 May, 2015 12:17pm

Financial

Australia, NZ dollars at multi-week lows on Fed hike risk

SYDNEY/WELLINGTON: The Australian and New Zealand dollars fell to multi-week lows on Wednesday as the US dollar got a li

Published 27 May, 2015 05:37am

Financial

Sri Lanka rupee spot falls near record low; pressure remains

COLOMBO: Sri Lanka's central bank permitted the spot rupee to fall by 20 cents to a near record low on Tuesday but p

Published 26 May, 2015 03:06pm

Financial

With yen nearing 8-year low, Mrs Watanabe starts buying

TOKYO: Japanese day traders, colloquially and collectively known as "Mrs Watanabe", are buying the yen as it nears eight

Published 26 May, 2015 05:57am

Financial

South Korean won extends fall to 1pc against the dollar

SEOUL: The South Korean won dropped by more than 1 percent on the dollar on Tuesday, and was also weighed down by the Ja

Published 26 May, 2015 05:55am

Financial

Australian and NZ dollars rise on euro, lag on USD

SYDNEY/WELLINGTON: The Australian and New Zealand dollars extended gains versus the euro as more easing by the European

Published 26 May, 2015 05:09am

Financial

China's yuan softens on 3-week low midpoint

SHANGHAI: China's yuan weakened against the dollars for the second consecutive session on Tuesday after the central

Published 26 May, 2015 05:02am

Financial

Dollar at 1-month highs, awaits US data for policy cues

SYDNEY/TOKYO: The dollar scaled a one-month high against a basket of major currencies on Tuesday, having remained bid af

Published 26 May, 2015 04:56am

Financial

Sri Lanka rupee forwards steady as central bank prevents fall

COLOMBO: Sri Lankan rupee forwards ended steady on Monday as the central bank prevented any fall in the currency against

Published 25 May, 2015 01:05pm

Financial

Dollar firms against yen, euro in Asia

TOKYO: The dollar held on to gains against other major currencies in Asian trade Monday after surging last week on a jum

Published 25 May, 2015 09:25am

Financial

Dollar extends gains in Asia on US rate hike hopes

TOKYO: The dollar extended its gains on Wednesday after getting a boost from strong housing data and expectations for mo

Published 20 May, 2015 06:49am

Financial

Dollar extends gains in Asia on US rate hike hopes

TOKYO: The dollar extended its gains on Wednesday after getting a boost from strong housing data and expectations for mo

Published 20 May, 2015 04:52am

Financial

Euro extends losses on Greece worries

TOKYO: The euro extended its losses Tuesday after tumbling in US trade on worries about the long-running talks between c

Published 19 May, 2015 05:00am

Financial

Sri Lanka rupee forwards end steady

COLOMBO: Sri Lankan rupee forwards ended steady on Monday as the central bank's moral suasion defended the local cur

Published 18 May, 2015 03:28pm

Financial

Dollar rebounds after sinking on weak US data

TOKYO: The dollar picked up on Monday after taking a hit from weak US data last week that had fuelled speculation a Fede

Published 18 May, 2015 05:50am

Financial

Sri Lankan rupee 2-month forwards close higher on dollar inflows

COLOMBO: Sri Lankan rupee two-month forwards closed slightly firmer on Thursday due to dollar inflows, dealers said, but

Published 14 May, 2015 07:48pm

Financial

Euro strengthens as eurozone growth picks up

TOKYO: The euro ticked up Thursday on the back of an improving eurozone economy, while a disappointing US retail sales r

Published 14 May, 2015 01:21pm

Financial

Euro ticks up despite Greek debt worries

TOKYO: The euro rose Wednesday on cautious hopes for the eurozone economy, even as Greece admitted that it raided an eme

Published 13 May, 2015 05:35am

Financial

Euro turns up as Greek bailout talks drag on

TOKYO: The euro rallied Tuesday after turning down following a eurozone finance ministers' meeting that failed to re

Published 12 May, 2015 11:28am

Financial

Sri Lankan rupee forwards weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended slightly weaker on Monday due to importer dollar demand, though the central ban

Published 11 May, 2015 08:01pm

Financial

Euro turns down ahead of Greece debt meeting

TOKYO: The euro slipped in Asia on Monday ahead of a crucial eurozone meeting that Greece hopes will pave the way for a

Published 11 May, 2015 06:10am

Financial

Sri Lankan rupee forwards fall slightly on importer dollar demand

COLOMBO: Sri Lankan rupee forwards closed slightly weaker on Friday as importer dollar demand outpaced selling of the gr

Published 08 May, 2015 12:49pm

Financial

Dollar ticks up after drop on weak jobs data

TOKYO: The dollar picked up Thursday after tumbling on weak US jobs data and a warning from Federal Reserve Chair Janet

Published 07 May, 2015 04:44am

Financial

Vietnam devalues dong to boost growth

HANOI: Vietnam's central bank said Thursday it would devalue the dong currency for the second time this year in a bi

Published 07 May, 2015 04:39am

Financial

NZ Q1 jobless rate flat, wages contained

WELLINGTON: New Zealand's jobless rate was unchanged in the first quarter as the number of jobs created roughly matc

Published 05 May, 2015 11:18pm

Financial

Sri Lankan rupee forwards steady on central bank moral suasion amid imports

COLOMBO: Sri Lankan rupee forwards ended steady in dull trade on Tuesday as the central bank's moral suasion kept th

Published 05 May, 2015 12:54pm

Financial

Dollar up in Asian trade

SINGAPORE: The dollar rose in Asian trade Tuesday on fresh expectations the US central bank may raise interest rates in

Published 05 May, 2015 05:03am

Financial

Yen picks up after BoJ holds fire on stimulus

TOKYO: The yen picked up on Thursday as the Bank of Japan held fire adding to its vast stimulus programme, while the eur

Published 30 Apr, 2015 08:49am

Financial

Yuan edges higher on signs of continued official support

SHANGHAI: The yuan firmed on Wednesday amid signs of official support as the central bank set its daily guidance rate at

Published 29 Apr, 2015 05:40am

Financial

US dollar down ahead of Fed policy decision

SINGAPORE: The dollar softened in Asia Wednesday on expectations that the US Federal Reserve will delay an interest rate

Published 29 Apr, 2015 05:12am

Financial

Sri Lankan rupee forwards slip on importer dollar demand

COLOMBO: Sri Lankan rupee forwards slipped on Tuesday as importer dollar demand outpaced early selling of the greenback

Published 28 Apr, 2015 07:27pm

Financial

Dollar struggles to make gains ahead of Fed policy meeting

TOKYO: The dollar edged up Tuesday with investors focused on a Federal Reserve policy meeting as expectations for a June

Published 28 Apr, 2015 05:04am

Financial

China's yuan unchanged against dollar, set to end week flat

SHANGHAI: China's yuan was flat against the dollar on Friday as a wave of dollar demand by big state-owned Chinese b

Published 24 Apr, 2015 05:44am

Financial

Euro drifts lower on Greek default worries

TOKYO: The euro drifted lower Wednesday on fears about a Greek debt default as mayors across the country lashed out at a

Published 22 Apr, 2015 04:53am

Financial

China's yuan slips on weaker midpoint fixing

HONG KONG: China's yuan fell against the dollar on Tuesday, after the central bank set a weaker official midpoint to

Published 21 Apr, 2015 05:25am

Financial

Indian rupee hits 3-1/2-month low; stocks slide on tax worries

MUMBAI: The Indian rupee fell to a three and a half month low in early trade on Tuesday as concerns over retrospective t

Published 21 Apr, 2015 05:22am

Financial

Dollar ticks up despite US rate hike uncertainty

TOKYO: The dollar ticked higher on Tuesday despite comments from a Federal Reserve official that cast doubt on a mid-yea

Published 21 Apr, 2015 04:41am

Financial

Australian, NZ dollars on track to post hefty weekly gains

SYDNEY/WELLINGTON: The Australian and New Zealand dollars hovered near three-week highs on Friday, buoyed by broad weakn

Published 17 Apr, 2015 05:23am

Financial

China's yuan firms on improved sentiment, set to rise 0.25pc for week

SHANGHAI: China's yuan firmed against the dollar for the third straight session on Friday after the central bank fix

Published 17 Apr, 2015 05:11am

Financial

Dollar struggles as weak US data clouds rate-hike picture

TOKYO: The dollar faced selling pressure Thursday as a batch of weak US data raised the possibility that the Federal Res

Published 16 Apr, 2015 06:22am

Financial

Yuan firms on stronger midpoint, Chinese premier's comments

SHANGHAI: China's yuan jumped to a more than one-week high versus the dollar on Thursday, buoyed by a firmer central

Published 16 Apr, 2015 05:23am

Financial

Sri Lankan rupee forwards end weaker after central bank's surprise rate cut

COLOMBO: Sri Lankan rupee forwards ended weaker on Wednesday on importer dollar demand after the central bank in a surpr

Published 15 Apr, 2015 03:02pm

Financial

Dollar edges up in Asian trade

TOKYO: The dollar edged up against other major currencies on Monday after weaker than expected Chinese trade data, suppo

Published 13 Apr, 2015 07:11am

Financial

Dollar steady in early Asian trade

TOKYO: The dollar held up against other major currencies on Monday, backed by investor expectations for US interest rate

Published 13 Apr, 2015 06:30am

Financial

Hong Kong defends US dollar peg as stocks surge

HONG KONG: Hong Kong's de facto central bank intervened in forex markets for the first time in eight months to prote

Published 10 Apr, 2015 07:10am

Financial

Australia, NZ dollars seen lower as rates diverge

SYDNEY: Analysts have again lowered forecasts for the Australian dollar to reflect expectations of falling interest rate

Published 10 Apr, 2015 05:37am

Financial

Dollar firm on expectations of higher US rates

TOKYO: The dollar held firm against other currencies on Friday, after an upbeat US jobs report added to the chances the

Published 10 Apr, 2015 05:08am

Financial

Dollar prevails as euro, sterling hit rocky road

SYDNEY: The dollar hovered at three week highs against a basket of major currencies early on Friday as the hapless euro

Published 09 Apr, 2015 11:17pm

Financial

Dollar firms on lingering hopes for June rate hike

TOKYO: The dollar firmed on Thursday after the minutes of the Federal Reserve's last policy meeting showed a split o

Published 09 Apr, 2015 08:19am

Financial

Sri Lankan rupee forwards end weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards closed slightly weaker on Wednesday as mild importer dollar demand outpaced inflows f

Published 08 Apr, 2015 04:04pm

Financial

Dollar falls as BoJ stays put

TOKYO: The dollar fell against the yen Wednesday as the Bank of Japan held off further easing measures after a two-day p

Published 08 Apr, 2015 12:03pm

Financial

Dollar falls as BoJ stays put

TOKYO: The dollar fell against the yen Wednesday as the Bank of Japan held off further easing measures after a two-day p

Published 08 Apr, 2015 09:37am

Financial

Sri Lankan rupee forwards rise on strong remittances

COLOMBO: Sri Lankan rupee forwards traded firmer on Wednesday as inflows from strong remittances and exporter dollar sal

Published 08 Apr, 2015 08:22am

Financial

Dollar eases as BoJ stays put

TOKYO: The dollar eased slightly Wednesday as the Bank of Japan announced it will hold off further easing measures after

Published 08 Apr, 2015 05:56am

Financial

Sri Lankan rupee forwards firmer on strong remittances

COLOMBO: Sri Lankan rupee forwards ended firmer on Tuesday as inflows from strong remittances and exporter dollar sales

Published 07 Apr, 2015 01:29pm

Financial

Sri Lankan rupee forwards close higher on strong remittances

COLOMBO: Sri Lankan rupee forwards ended firmer on Monday as inflows from strong remittances and exporter dollar sales o

Published 06 Apr, 2015 03:23pm

Financial

Dollar under pressure ahead of US jobs data

TOKYO: The dollar eased against the yen in Asia on Friday as investors turn their attention to the release later in the

Published 03 Apr, 2015 06:35am

Financial

Dollar under pressure ahead of US jobs data

TOKYO: The dollar eased against the yen in Asia on Friday as investors turn their attention to the release later in the

Published 03 Apr, 2015 04:23am

Financial

Asian FX sentiment better as timing of US rate rise less clear

SINGAPORE: Sentiment towards emerging Asian currencies has improved over the past two weeks, with views on the Chinese y

Published 02 Apr, 2015 11:47am

Financial

Sri Lankan rupee forwards rise on strong remittances

COLOMBO: Sri Lankan rupee forwards rose on Thursday as inflows from strong remittances and exporter dollar sales outpace

Published 02 Apr, 2015 11:47am

Financial

Weak US data lifts Asian currencies; won near one-month high

SINGAPORE: Emerging Asian currencies rose on Thursday as disappointing US employment, factory activity and first-quarter

Published 02 Apr, 2015 11:39am

Financial

Disappointing US hiring data, factory survey weigh dollar down

TOKYO/SYDNEY: The dollar nursed modest losses on Thursday, having suffered a setback on fresh signs that the U.S. econom

Published 02 Apr, 2015 11:32am

Financial

China's yuan steadies as market looks for direction

HONG KONG: China's yuan held steady against the dollar on Thursday after the central bank set a stronger midpoint to

Published 02 Apr, 2015 11:30am

Financial

South Korean won rises to 1-month high on weak US data

SEOUL: The South Korean won inched up to a one-month high against the dollar by midday on Thursday after weaker-than-for

Published 02 Apr, 2015 11:30am

Financial

Australia & NZ dollars on the defensive, weak commodities drag

SYDNEY/WELLINGTON: The Australian dollar lurched towards a six-year trough on Thursday, continuing to falter as sliding

Published 02 Apr, 2015 11:28am

Financial

Dollar under pressure ahead of US jobs report

TOKYO: The dollar was under pressure on Thursday after a batch of weak US data dented hopes for an early interest rate h

Published 02 Apr, 2015 08:49am

Financial

Dollar under pressure ahead of US jobs report

TOKYO: The dollar was under pressure on Thursday after a batch of weak US data dented hopes for an early interest rate h

Published 02 Apr, 2015 04:54am

Financial

Euro edges up as deflation fears ease

TOKYO: The euro edged higher on Wednesday after data showed eurozone deflation eased last month, although gains were lim

Published 01 Apr, 2015 08:38am

Financial

Euro edges up as deflation fears ease

TOKYO: The euro edged higher on Wednesday after data showed eurozone deflation eased last month, although gains were lim

Published 01 Apr, 2015 06:34am

Financial

Sri Lankan rupee forwards edge up on strong remittances

COLOMBO: Sri Lankan rupee forwards ended a tad firmer on Tuesday as inflows from strong remittances and exporter dollar

Published 31 Mar, 2015 03:32pm

Financial

Euro falls on jitters over Greece debt deal

TOKYO: The euro drifted lower in Asia on Tuesday with investors following talks between debt-hit Greece and its internat

Published 31 Mar, 2015 07:20am

Financial

Aussie dollar hits 10-day low on lower iron ore prices, rate cut bets

LONDON: The Australian dollar fell over a percent to a ten-day low against its U.S. counterpart on Monday, hit by persis

Published 30 Mar, 2015 03:06pm

Financial

Euro struggles on lingering Greek debt fears

TOKYO: The euro slipped in Asian trade on Monday, hurt by worries over talks between Greece and its creditors as it prep

Published 30 Mar, 2015 01:15pm

Financial

China yuan falls in global payment rankings: SWIFT

SHANGHAI: China's yuan has dropped to seventh place among the world's payments currencies, global transactions o

Published 30 Mar, 2015 01:05pm

Financial

Sri Lankan rupee forwards slip on importer dollar demand

COLOMBO: Sri Lankan rupee forwards were a tad weaker on Monday as importer dollar demand outpaced inflows from remittanc

Published 30 Mar, 2015 11:20am

Financial

Patient Yellen fails to lift Asia FX; ringgit, Singapore dollar week lows

SINGAPORE: Most emerging Asian currencies slid on Monday amid expectations that the US Federal Reserve will start raisin

Published 30 Mar, 2015 11:19am

Financial

South Korean won on edge as yield premium falls, dividend outflow rises

SEOUL: South Korea's won could be Asia's surprise first casualty in any hint of an early rise in U.S. interest r

Published 30 Mar, 2015 11:18am

Financial

Dollar supported even as Yellen drives home message of patience

SYDNEY/SINGAPORE: The dollar inched higher versus the yen and euro on Monday after the head of the U.S. Federal Reserve

Published 30 Mar, 2015 11:10am

Financial

China's yuan firms despite weaker midpoint fixing

HONG KONG: China's yuan firmed against the dollar on Monday despite a slightly weaker midpoint set by the central ba

Published 30 Mar, 2015 11:10am

Financial

Australia dollar stuck in the doldrums, NZD also soft

SYDNEY/WELLINGTON: The Australian dollar slipped to fresh one-week lows on Monday, falling for a fifth session in a move

Published 30 Mar, 2015 11:07am

Financial

Yen resumes Yemen crisis rally

TOKYO: The yen resumed its rally on Friday after getting a boost in US trade over fears that the Yemen crisis will explo

Published 27 Mar, 2015 06:35am

Financial

Australia and NZ dollars stay subdued, Fed in focus

SYDNEY/WELLINGTON: The Australian dollar eased on Friday, continuing to pull back from a two-month peak set earlier in t

Published 27 Mar, 2015 05:37am

Financial

China's yuan edges down, heads for first weekly loss in a month

HONG KONG: China's yuan edged down against the dollar on Friday after the central bank set a weaker midpoint and is

Published 27 Mar, 2015 05:22am

Financial

Yen retreats after weak Japan inflation data

TOKYO: The yen slipped on Friday as weak Japanese inflation data stirred talk of fresh easing measures, bringing an end

Published 27 Mar, 2015 05:13am

Financial

Sri Lankan rupee forwards rise on remittances

COLOMBO: Sri Lankan rupee forwards edged up on Thursday, with one-week forwards rising for the first time in four weeks

Published 26 Mar, 2015 03:35pm

Financial

Dollar slips after weak US data

TOKYO: The dollar fell on Thursday after poor US data hurt investor confidence in the world's top economy and threw

Published 26 Mar, 2015 04:36am

Financial

Sri Lankan rupee forwards firmer on inward remittances

COLOMBO: Sri Lankan rupee forwards ended firmer on Wednesday as dollar inflows from remittances outpaced importer demand

Published 25 Mar, 2015 03:22pm

Financial

Dollar slips after US data-fuelled rally

TOKYO: The dollar pulled back on Wednesday after rallying in US trade, where upbeat data boosted the case for an early F

Published 25 Mar, 2015 12:56pm

Financial

Dollar finds steadier footing, takes breather from selloff

SYDNEY/SINGAPORE: The dollar hovered above a two-week low versus a basket of major currencies on Wednesday, pausing from

Published 25 Mar, 2015 11:11am

Financial

South Korean won up for 3rd session, touches near 3-week high

SEOUL: The South Korean won rose for a third straight session on Wednesday and touched a near three-week high on continu

Published 25 Mar, 2015 11:09am

Financial

Sri Lankan rupee forwards steady; stocks at 7-month low

COLOMBO: Sri Lankan rupee forwards traded steady on Wednesday as dollar inflows from remittances offset importer demand

Published 25 Mar, 2015 11:09am

Financial

Rupiah leads Asia FX losses as dollar holds firm

SINGAPORE: Most emerging Asian currencies eased on Wednesday as the dollar held firm after an uptick in US inflation all

Published 25 Mar, 2015 11:05am

Financial

China's yuan slips as dollar stabilises, outlook wary

HONG KONG: China's yuan slipped on Wednesday after the US dollar recouped part of its previous losses, encouraging s

Published 25 Mar, 2015 11:02am

Financial

South Korea won edges up to 3-week high, shares take breather

SEOUL: The South Korean won was set to firm against the dollar for a third straight session early on Wednesday as export

Published 25 Mar, 2015 10:58am

Financial

Sri Lankan rupee forwards firmer on inward remittances

COLOMBO: Sri Lankan rupee forwards ended firmer on Tuesday due to dollar inflows from remittances, but trading was thin

Published 24 Mar, 2015 01:11pm

Financial

Dollar buying stalls on Fed official's rate comments

TOKYO: Dollar demand stalled on Tuesday after the vice chairman of the Federal Reserve suggested interest rates would ri

Published 24 Mar, 2015 12:19pm

Financial

Sri Lankan rupee forwards tad firmer on inward remittances

COLOMBO: Sri Lankan rupee forwards were slightly up on Tuesday due to dollar inflows from remittances, but trading was t

Published 24 Mar, 2015 11:11am

Financial

Fed uncertainties support Asia FX; China manufacturing survey weighs

SINGAPORE: Most emerging Asian currencies extended gains on Tuesday in the uncertainty over the timing of US interest ra

Published 24 Mar, 2015 11:06am

Financial

Dollar firmer after comments by Fed's Williams, but doubts linger

SINGAPORE/TOKYO: The dollar edged higher versus a basket of currencies on Tuesday after a top U.S. Federal Reserve offic

Published 24 Mar, 2015 11:05am

Financial

South Korean won hits over 2-week high as dollar under pressure

SEOUL: The South Korean won extended gains to hit a more than two-week high against the dollar on Tuesday as the greenba

Published 24 Mar, 2015 11:01am

Financial

Sri Lanka rupee tad weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee was slightly weaker on Monday due to mild importer dollar demand in thin trade, with the m

Published 23 Mar, 2015 12:48pm

Financial

Dollar starts week on the defensive as post-Fed caution lingers

SYDNEY: The dollar started trade in Asia on the defensive, after a volatile few days in the wake of the Federal Reserve&

Published 22 Mar, 2015 11:01pm

Financial

Yuan level appropriate, reflects fx supply, demand: China central bank

BEIJING: The current level of China's yuan is appropriate because it reflects foreign exchange supply and demand and

Published 21 Mar, 2015 12:02pm

Financial

Euro edges up in Asia after Greece reform pledge

TOKYO: The euro ticked higher Friday after Greece promised to provide its creditors with a new list of reforms to secure

Published 20 Mar, 2015 07:24am

Financial

Euro edges up in Asia after Greece promise

TOKYO: The euro ticked higher Friday after Greece promised to provide its creditors with a new list of reforms to secure

Published 20 Mar, 2015 04:48am

Financial

Sri Lanka rupee ends steady for 2nd day

COLOMBO: The Sri Lankan rupee ended steady on Thursday for the second straight session as banks' dollar sales offset

Published 19 Mar, 2015 03:32pm

Financial

China yuan set for record rise as c.bank moves against capital flight, speculation

SHANGHAI: China's yuan looks set to post its biggest-ever weekly gain as Beijing moves to head off the risk of capit

Published 19 Mar, 2015 12:44pm

Financial

Sri Lanka rupee forwards firmer on bank dollar sales; stx up

COLOMBO: Sri Lankan rupee forwards traded a tad firmer on Thursday as banks dollar sales outpaced importer dollar demand

Published 19 Mar, 2015 09:31am

Financial

Yuan surges in record trading session, recoups 2015 losses

SHANGHAI: China's yuan firmed sharply for the third straight day on Thursday, breaking through its 200-day moving av

Published 19 Mar, 2015 09:15am

Financial

Dollar pressured after Fed tempers interest rate talk

TOKYO: The dollar struggled to recover Thursday after diving on comments from the US Federal Reserve that cooled expecta

Published 19 Mar, 2015 05:59am

Financial

Sri Lanka rupee steady; bond sale probe weighs

COLOMBO: Sri Lankan rupee forwards ended steady on Wednesday after falling in two sessions on moral suasion by the centr

Published 18 Mar, 2015 04:15pm

Financial

Yuan up 0.33pc on suspected intervention, biggest daily gain in a year

SHANGHAI: The yuan posted its strongest daily gain in a year as the People's Bank of China (PBOC) set a stronger mid

Published 18 Mar, 2015 12:54pm

Financial

Dollar steady as eyes on Fed announcement

TOKYO: The dollar was stuck in a tight range on Wednesday as investors waited for a policy announcement by the US Federa

Published 18 Mar, 2015 07:46am

Financial

Australia and NZ dollars idled by Fed, euro extends bounce

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were little changed on Wednesday as investors awaited the outc

Published 18 Mar, 2015 06:48am

Financial

Yuan hits 2-mth high as sentiment improves on suspected central bank support

SHANGHAI: China's yuan hit its highest level against the dollar since mid- January on Wednesday, breaching a psychol

Published 18 Mar, 2015 06:40am

Financial

Dollar steady as eyes on Fed announcement

TOKYO: The dollar remained steady against the yen on Wednesday as investors waited for a policy announcement by the US F

Published 18 Mar, 2015 05:13am

Financial

Dollar bulls bank on Fed losing its patience

SYDNEY: The dollar stood steady in Asia on Wednesday just hours before the Federal Reserve was expected to take a major

Published 17 Mar, 2015 11:23pm

Financial

Sri Lanka rupee forwards down on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker for a second session on Tuesday on importer dollar demand, but moral sua

Published 17 Mar, 2015 03:24pm

Financial

Dollar steady in Asia as BoJ holds fire

TOKYO: The dollar held up against the yen and euro on Tuesday ahead of a closely watched Federal Reserve policy meeting,

Published 17 Mar, 2015 06:44am

Financial

Dollar rebounds in Asia as BoJ holds fire

TOKYO: The dollar was marginally higher against the yen and euro Tuesday ahead of a closely watched Federal Reserve poli

Published 17 Mar, 2015 05:23am

Financial

Sri Lanka rupee forwards fall on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Monday on importer dollar demand, but moral suasion by the central ba

Published 16 Mar, 2015 03:34pm

Financial

Euro slips to fresh 12-year low on dollar

TOKYO: The euro fell to another 12-year low against the dollar Monday, hit by the European Central Bank's huge stimu

Published 16 Mar, 2015 07:28am

Financial

Sri Lanka rupee ends steady; importer dollar demand seen

COLOMBO: The Sri Lankan rupee ended steady on Friday due to moral suasion by the central bank amid importer dollar deman

Published 13 Mar, 2015 03:46pm

Financial

Sri Lanka rupee steady on central bank's moral suasion; stocks at 5 weeks low

COLOMBO: The Sri Lankan rupee was steady on Friday due to moral suasion by the central bank because of importer dollar d

Published 13 Mar, 2015 09:43am

Financial

Dollar rally takes a breather in Asia

TOKYO: The dollar struggled to extend its recent rally on Friday after weaker-than-expected US data tempered expectation

Published 13 Mar, 2015 09:10am

Financial

Australia, NZ dollars firmer on USD; stand tall vs sombre euro

SYDNEY/WELLINGTON: The Australian and New Zealand dollars edged up on Friday as a shakeout in bullish US dollar position

Published 13 Mar, 2015 05:09am

Financial

Dollar hits speed bumps, euro gets some reprieve

SYDNEY/TOKYO: The US dollar nursed modest losses on Friday after investors booked profits in an extended rally that has

Published 13 Mar, 2015 04:48am

Financial

Yuan firms on central bank guidance, set to gain 0.1pc for week

SHANGHAI: China's yuan firmed against the dollar on Friday after the central bank fixed the official midpoint firmer

Published 13 Mar, 2015 04:35am

Financial

Euro slumps on ECB stimulus

TOKYO: The euro resumed its slump against the dollar on Thursday as the European Central Bank's new stimulus and wor

Published 12 Mar, 2015 12:55pm

Financial

NZ dollar rallies as RBNZ says economy strong, rates on hold for some time

WELLINGTON: The New Zealand dollar jumped a full U.S. cent in volatile trade on Thursday, bouncing from a five-week low

Published 11 Mar, 2015 11:09pm

Financial

Embattled euro licks wounds in Asia, still vulnerable

SYDNEY: The euro wallowed just above a fresh 12-year low early on Thursday having faced an unrelenting onslaught this we

Published 11 Mar, 2015 11:07pm

Financial

Sri Lankan rupee steady; downward pressure seen easing

COLOMBO: The Sri Lankan rupee ended steady in thin trade on Wednesday, helped by moral suasion by the central bank, but

Published 11 Mar, 2015 03:48pm

Financial

Indonesian rupiah falls 1pc to fresh 17-year low

SINGAPORE: Indonesia's rupiah fell 1 percent to a fresh 17-year low on Wednesday as foreign investors sold the curre

Published 11 Mar, 2015 06:39am

Financial

Sri Lankan rupee steady; downward pressure seen easing

COLOMBO: The Sri Lankan rupee ended steady in dull trade on Tuesday due to moral suasion by the central bank, while deal

Published 10 Mar, 2015 02:03pm

Financial

Euro slips to lowest since Sept 2003 against dollar

TOKYO: The euro slid to a near 12-year low against the dollar on Tuesday, as the US currency found steady bids on the ba

Published 10 Mar, 2015 05:53am

Financial

China's yuan little changed, traders say dollar supply matches demand

SHANGHAI: China's yuan was little changed against the dollar on Tuesday, with dollar supply and demand roughly in ba

Published 10 Mar, 2015 05:45am

Financial

China forex chief says to launch china international payment system this year

HONG KONG: China will launch its international payment system this year, said Yi Gang, head of China's State Adminis

Published 10 Mar, 2015 05:44am

Financial

Sri Lankan rupee steady; downward pressure seen easing

COLOMBO: The Sri Lankan rupee traded steady on Monday on moral suasion by the central bank, with the market expecting th

Published 09 Mar, 2015 05:36pm

Financial

South Korean won hits 3-month low as US jobs data keeps Fed in play, stocks drop

SEOUL: South Korea's won and shares slumped on Monday, tracking their Asian peers after a strong U.S. jobs report on

Published 09 Mar, 2015 05:26pm

Financial

China's yuan falls on central bank guidance, shrugs off record trade surplus

SHANGHAI: China's yuan weakened against the dollar on Monday, after the central bank set its midpoint rate at the lo

Published 09 Mar, 2015 06:11am

Financial

Dollar holds firm after US jobs data rally

TOKYO: The dollar held its gains Monday after soaring on an upbeat US jobs report that boosted expectations for an early

Published 09 Mar, 2015 05:26am

Financial

Sri Lankan rupee ends steady; central bank says cuts FX intervention

COLOMBO: The Sri Lankan rupee closed unchanged on Friday on sustained moral suasion by the central bank amid calls by th

Published 06 Mar, 2015 04:17pm

Financial

Dollar steady ahead of US jobs report

TOKYO: The dollar was steady ahead of a key US jobs report later Friday, while the euro struggled after the European Cen

Published 06 Mar, 2015 07:11am

Financial

Euro hits new 11-year low on dollar before ECB meets

TOKYO: The euro hit a new 11-year low on the dollar Thursday as investors waited for the European Central Bank (ECB) to

Published 05 Mar, 2015 07:08am

Financial

Australia dollar perks up on fair value comment by RBA official

SYDNEY/WELLINGTON: The Australian dollar pushed higher on Thursday after a top central banker remarked that the currency

Published 05 Mar, 2015 06:20am

Financial

Indonesia central bank governor says no worries over weakening rupiah

JAKARTA: Indonesia's central bank governor said on Thursday that the rupiah is in good condition and Bank Indonesia

Published 05 Mar, 2015 06:01am

Financial

Yuan firms, but overall trend seen weak

HONG KONG: China's yuan edged higher for a second consecutive day on Thursday, as some investors judged the currency

Published 05 Mar, 2015 05:53am

Financial

Euro hovers near 11-year lows on dollar before ECB meets

TOKYO: The euro remained under pressure Thursday after falling to an 11-year low against the dollar as investors waited

Published 05 Mar, 2015 04:03am

Financial

Sri Lankan rupee ends steady, IMF says limit intervention in FX

COLOMBO: The Sri Lankan rupee ended steady on Wednesday due to sustained moral suasion by the central bank, even as the

Published 04 Mar, 2015 02:06pm

Financial

Dollar eases ahead of key US data

TOKYO: The dollar eased against the yen on Wednesday as investors await a key US jobs report later this week.In Tokyo, t

Published 04 Mar, 2015 12:03pm

Financial

Sri Lankan rupee steady in dull trade; rate direction awaited

COLOMBO: Sri Lankan rupee traded steady on Tuesday in dull trade as investors waited for direction on interest rates fro

Published 03 Mar, 2015 08:16am

Financial

Dollar weak, but keeps two-year high against China yuan

TOKYO: The dollar slipped Tuesday following mixed US data, but it was sitting near a two-year high against China's y

Published 03 Mar, 2015 07:56am

Financial

Dollar weak, but keeps two-year high against China yuan

TOKYO: The dollar slipped Tuesday following a mixed slate of US manufacturing data, but it was sitting at a two-year hig

Published 03 Mar, 2015 06:12am

Financial

Australia dollar jumps after RBA holds off on rate cut

SYDNEY/WELLINGTON: The Australian dollar staged a broad rally on Tuesday as the market trimmed crowded bearish positions

Published 03 Mar, 2015 06:03am

Financial

China's Yuan falls to more than two-year low after central bank rate cut

HONG KONG: China's Yuan fell to its weakest level since October 2012 against the dollar after the People's Bank

Published 02 Mar, 2015 07:06am

Financial

Dollar extends gains after US growth data, China rate cut

TOKYO: The dollar extended its gains in Asia on Monday as better-than-expected revised US economic growth data and an in

Published 02 Mar, 2015 04:37am

Financial

Sri Lankan rupee forwards end weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Friday due to importer dollar demand amid a rise in bond yields, whil

Published 27 Feb, 2015 01:44pm

Financial

Sri Lankan rupee forwards weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards traded slightly weaker on Friday due to importer dollar demand, while traders awaited

Published 27 Feb, 2015 11:50am

Financial

China outstanding QFII quota at $70bn at end February

BEIJING: The outstanding amount of China's dollar-denominated Qualified Foreign Institutional Investor (QFII) progra

Published 27 Feb, 2015 11:15am

Financial

Dollar eases in Asia after US inflation rally

TOKYO: The dollar eased Friday after rallying on inflation data that pointed to rising price pressures in some areas of

Published 27 Feb, 2015 06:41am

Financial

China's yuan falls to 2-year low, raising spectre of devaluation

HONG KONG: China's yuan fell to its lowest level against the dollar in more than two years on Friday, raising questi

Published 27 Feb, 2015 06:24am

Financial

Dollar eases in Asia after US inflation rally

TOKYO: The dollar eased Friday after rallying on inflation data that pointed to rising price pressures in some areas of

Published 27 Feb, 2015 05:11am

Financial

Sri Lankan rupee ends steady on dollar selling by banks

COLOMBO: Sri Lankan rupee forwards recovered to end steady on Thursday after falling intraday as dollar selling by banks

Published 26 Feb, 2015 12:52pm

Financial

Aussie up, kiwi down in becalmed FX markets

LONDON: The Australian and New Zealand dollars were the main movers among major currencies on Thursday, pushed in opposi

Published 26 Feb, 2015 10:09am

Financial

China's yuan stays weak amid speculation more easing moves ahead

HONG KONG: China's currency remained weak on Thursday as investors anticipated that deflationary pressures and a slo

Published 26 Feb, 2015 06:11am

Financial

Dollar inches up after falls on Yellen testimony

TOKYO: The dollar made up lost ground against the yen Thursday after falling when Federal Reserve Chair Janet Yellen hin

Published 26 Feb, 2015 05:31am

Financial

Dollar inches up after falls on Yellen testimony

TOKYO: The dollar made up lost ground against the yen Thursday after falling when Federal Reserve Chair Janet Yellen hin

Published 26 Feb, 2015 04:59am

Financial

Sri Lankan spot rupee ends steady on central bank defence

COLOMBO: The Sri Lankan spot rupee ended steady for a fourth straight session on Wednesday as the central bank defended

Published 25 Feb, 2015 03:50pm

Financial

Sri Lankan spot rupee ends steady on central bank defence

COLOMBO: The Sri Lankan spot rupee ended steady for a fourth straight session on Wednesday as the central bank defended

Published 25 Feb, 2015 12:03pm

Financial

Dollar slips on Fed chief's rate hike comments

TOKYO: The dollar fell Wednesday as US Federal Reserve chief Janet Yellen hinted that a rate hike was unlikely before th

Published 25 Feb, 2015 06:53am

Financial

China's yuan falls, shrugs off stronger factory sector activity

HONG KONG: China's yuan edged down against the dollar on Wednesday after the central bank set a weaker midpoint, shr

Published 25 Feb, 2015 06:01am

Financial

Dollar slips on Fed chief's rate hike comments

TOKYO: The dollar fell Wednesday as US Federal Reserve chief Janet Yellen hinted a rate hike was unlikely before the sum

Published 25 Feb, 2015 04:33am

Financial

Rupiah hits 10-week low; Asia FX dips ahead of Yellen testimony

SINGAPORE: The Indonesian Rupiah hit a ten-week low on Tuesday, leading losses among emerging Asian currencies, as inves

Published 24 Feb, 2015 10:42am

Financial

Sri Lankan spot rupee steady; central bank defends after freezing rates

COLOMBO: The Sri Lankan spot rupee was unchanged in dull trade on Tuesday as the central bank defended it via moral suas

Published 24 Feb, 2015 09:30am

Financial

Australian dollar steady but remain vulnerable, New Zealand dollar pauses

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were on a steadier footing on Monday, but the antipodean curre

Published 23 Feb, 2015 10:32am

Financial

Sri Lankan spot rupee steady, central bank defends via moral suasion

COLOMBO: The Sri Lankan spot rupee traded steady in dull trade on Monday as the central bank defended it via moral suasi

Published 23 Feb, 2015 08:47am

Financial

Euro steady after Greece bailout deal

TOKYO: The euro held steady Monday after it rallied on news of a last-minute deal to extend Greece's bailout, giving

Published 23 Feb, 2015 07:19am

Financial

Euro steady after Greece bailout deal

TOKYO: The euro held steady Monday after it rallied on news of a last-minute deal to extend Greece's bailout, giving

Published 23 Feb, 2015 05:46am

Financial

Sri Lanka rupee steady as central bank defends currency after lowering spot

COLOMBO: The Sri Lankan rupee ended steady in dull trade on Friday as the central bank defended it via moral suasion, a

Published 20 Feb, 2015 02:51pm

Financial

Euro under pressure on Greek jitters

TOKYO: The euro struggled to pick up in Asia on Friday ahead of Greece's last-minute funding talks with its European

Published 20 Feb, 2015 11:07am

Financial

China forex regulator to keep yuan exchange rate stable in 2015

BEIJING: China will keep the yuan's exchange rate basically stable in 2015, the official Xinhua news agency said on

Published 19 Feb, 2015 06:26am

Financial

Australia, NZ dollars firm after Fed disappoints hawks

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were on a firm footing on Thursday after minutes of the Federa

Published 19 Feb, 2015 04:43am

Financial

Dollar slips after sideswipe from dovish Fed minutes

TOKYO: The dollar fell against the yen and euro on Thursday, paring gains after minutes of January's Federal Reserve

Published 19 Feb, 2015 04:30am

Financial

Euro rises on hopes for Greek debt deal

TOKYO: The euro rose Thursday on hopes for a deal in Greece's debt standoff, while the dollar was under pressure aft

Published 19 Feb, 2015 04:18am

Financial

Euro steady as markets eye last-chance Greek debt talks

TOKYO: The euro held steady on Wednesday as investors hoped that last-ditch talks on Greece's debt would see a break

Published 18 Feb, 2015 06:28am

Financial

Euro supported by hopes for Greek debt deal; yen awaits Kuroda

TOKYO/SINGAPORE: The euro held steady on Wednesday, finding some support as investors held on to hopes that Greece will

Published 18 Feb, 2015 05:07am

Financial

Euro weakens as Greek debt talks collapse

TOKYO: The euro lost more ground in Asia on Tuesday after talks between Greece and its creditors collapsed, fanning fear

Published 17 Feb, 2015 05:03am

Financial

Sri Lanka rupee ends steady on central bank moral suasion

COLOMBO: The Sri Lankan rupee ended steady on Monday for the sixth straight session as the central bank defended the cur

Published 16 Feb, 2015 01:16pm

Financial

Euro gains ahead of Greek debt talks

TOKYO: The euro edged up against the dollar in Asia on Monday ahead of key talks between Greece and its international cr

Published 16 Feb, 2015 05:58am

Financial

South Korea fx rate seen market determined in recent months

SEOUL: The International Monetary Fund, which has previously urged South Korea against intervening in the currency marke

Published 13 Feb, 2015 06:21am

Financial

Euro up against dollar on Ukraine deal, weak US data

TOKYO: The euro ticked up against the dollar Friday on news of a plan to end Ukraine's 10-month war, hopes that Gree

Published 13 Feb, 2015 05:28am

Financial

Sri Lanka rupee steady on moral suasion; seen under pressure

COLOMBO: The Sri Lankan rupee traded steady on Thursday as the central bank prevented any fall amid importer dollar dema

Published 12 Feb, 2015 01:01pm

Financial

Rupiah hits 2-month low as current account test looms; Asia FX fall

SINGAPORE: Indonesia's rupiah hit a near two-month low on Thursday, prompting a warning from the central bank of pot

Published 12 Feb, 2015 12:59pm

Financial

Indonesia rupiah hits 2-month low before current account data

SINGAPORE: Indonesia's rupiah fell 1 percent to a near two-month low on Thursday as foreign investors sold the curre

Published 12 Feb, 2015 08:12am

Financial

Euro weakens as Greek debt talks fail to find deal

TOKYO: The euro weakened Thursday after talks between Greece and its European creditors on restructuring the country&#39

Published 12 Feb, 2015 07:06am

Financial

Hawkish Fed presidents' views bite into Asia FX amid Greece caution

SINGAPORE: Most emerging Asian currencies slipped on Wednesday as US Treasury yields advanced on some Federal Reserve pr

Published 11 Feb, 2015 12:49pm

Financial

Dollar supported by higher yields, euro in focus before EU talks

SYDNEY/SINGAPORE: The dollar hit a fresh one-month high versus the yen on Wednesday, bolstered by gains in Treasury yiel

Published 11 Feb, 2015 12:46pm

Financial

Sri Lanka rupee steady; central bank's moral suasion caps fall

COLOMBO: The Sri Lankan rupee traded steady on Wednesday on thin volume as the central bank prevented any fall amid impo

Published 11 Feb, 2015 12:43pm

Financial

Sri Lanka rupee ends steady; central bank's moral suasion caps fall

COLOMBO: The Sri Lankan rupee ended steady on Wednesday in dull trade as the central bank prevented any fall amid import

Published 11 Feb, 2015 11:53am

Financial

Higher yields support dollar, euro in focus before EU talks

SYDNEY/SINGAPORE: The dollar hovered near a one-month high versus the yen on Wednesday, bolstered by gains in Treasury y

Published 11 Feb, 2015 05:47am

Financial

Yuan weakens on deflation fears

SHANGHAI: China's yuan weakened marginally on Wednesday amid concerns that deflationary risks are growing, increasin

Published 11 Feb, 2015 05:17am

Financial

Euro edges up ahead of key Greece talks

SINGAPORE: The euro rose in Asia Wednesday, with investors calm ahead of talks between Greece and its creditors as it se

Published 11 Feb, 2015 05:04am

Financial

Dollar eases, euro pressured by Greek worries

TOKYO: The dollar eased against the yen Tuesday as a rally fuelled by last week's US jobs report faded, while worrie

Published 10 Feb, 2015 01:05pm

Financial

Sri Lanka rupee steady; downward pressure remains despite central bank moves

COLOMBO: The Sri Lankan rupee ended steady on Tuesday despite importer dollar demand, a day after Finance Minister Ravi

Published 10 Feb, 2015 12:04pm

Financial

Commodity currencies gain on oil, China, as dollar consolidates

SYDNEY/TOKYO: Commodity currencies held on to modest gains made on talk of possible Chinese stimulus and a notional bott

Published 10 Feb, 2015 06:12am

Financial

Sri Lanka rupee falls despite central bank intervention

COLOMBO: The Sri Lankan rupee came under pressure on importer dollar demand despite moves by the central bank to limit i

Published 09 Feb, 2015 01:08pm

Financial

Dollar index to hover below 95.533

SINGAPORE: The dollar index faces a strong resistance at 95.533 and may continue to hover below this level or retest sup

Published 09 Feb, 2015 12:15pm

Financial

Dollar pulls back after jobs-inspired rally, Greece back in focus

TOKYO: The dollar dipped on Monday as traders sold into a rally triggered by robust US jobs data, while the Greek debt s

Published 09 Feb, 2015 10:14am

Financial

Yuan weakens after weak trade data

SHANGHAI: China's yuan weakened slightly against the dollar on Monday after China published surprisingly weak Januar

Published 09 Feb, 2015 09:22am

Financial

Dollar takes breather after rallying on robust US jobs

TOKYO: The dollar retreated in Asia on Monday after rallying at the end of last week as a robust US jobs report fuelled

Published 09 Feb, 2015 06:21am

Financial

Dollar takes breather after rallying on robust US jobs

TOKYO: The dollar retreated in Asia on Monday after rallying at the end of last week as a robust US jobs report fuelled

Published 09 Feb, 2015 05:41am

Financial

Sri Lanka rupee ends weaker as central bank allows fall in spot

COLOMBO: The Sri Lankan rupee ended weaker against the dollar as the central bank allowed a lower rate for the spot curr

Published 06 Feb, 2015 09:38pm

Financial

Indonesia's forex reserves rise to $114.3bn at end-January

JAKARTA: Indonesia's foreign exchange reserves rose to $114.25 billion at the end of January, mainly supported by go

Published 06 Feb, 2015 10:17am

Financial

Euro holds up on relief over Greek bank funding

TOKYO: The euro held up against the dollar in Asia on Friday after rallying on assurances Greek banks will get emergency

Published 06 Feb, 2015 05:54am

Financial

China money mixed in week, swaps show deposit rate cut betting

SHANGHAI: China's money rates were mixed this week as seasonal demand, including calls ahead of a long holiday perio

Published 06 Feb, 2015 05:26am

Financial

Euro pauses after short-covering bounce

TOKYO/SINGAPORE: The euro eased versus the dollar on Friday, with the near-term focus on whether US jobs data later in t

Published 06 Feb, 2015 05:10am

Financial

Euro holds up on relief over Greek bank funding

TOKYO: The euro held up against the dollar in Asia on Friday after rallying on assurances Greek banks will get emergency

Published 06 Feb, 2015 04:24am

Financial

Sri Lanka rupee forwards end weaker; seen falling

COLOMBO: Sri Lankan rupee forwards closed weaker on Thursday as policy uncertainty weighed on the currency, discouraging

Published 05 Feb, 2015 02:40pm

Financial

China's yuan weakens, PBOC reserve cut highlights outflow risks

HONG KONG: China's yuan weakened on Thursday after the central bank cut banks' reserve requirement ratio for the

Published 05 Feb, 2015 12:11pm

Financial

China's easing, concerns on Greece pull Asia FX lower

SINGAPORE: Most emerging Asian currencies softened on Thursday after China's central bank cut the reserve requiremen

Published 05 Feb, 2015 12:04pm

Financial

Euro holds gains on hopes for Greeece debt deal

TOKYO: The euro held its gains on Wednesday, the day after surging on growing optimism that Greece will hammer out a deb

Published 04 Feb, 2015 06:51am

Financial

South Korean won rally more than 1 pct on short-covering

SEOUL: Short-covering in the South Korean won lifted the currency more than 1 percent against the dollar on Wednesday, a

Published 04 Feb, 2015 05:46am

Financial

Risk appetite lifts Asia FX; RBA rate cut limits regional upside

SINGAPORE: Emerging Asian currencies rose on Tuesday as risk appetite improved, but gains were capped after Australian&#

Published 03 Feb, 2015 07:27am

Financial

Australia underscores urgency of Asian rate cuts

SINGAPORE: The Reserve Bank's quarter-point cut, which traders dismissed as a remote possibility just days ago, show

Published 03 Feb, 2015 06:30am

Financial

Australian dollar skids to 6-year low after RBA cuts rates

TOKYO/SYDNEY: The Australian dollar skidded more than one US cent to a six-year low on Tuesday and plunged more than two

Published 03 Feb, 2015 04:27am

Financial

Sri Lanka rupee forwards end steady

COLOMBO: Sri Lankan rupee forwards closed steady on Monday due to state bank dollar sales after moral suasion by the cen

Published 02 Feb, 2015 12:22pm

Financial

Australia dollar pressured on heightened rate-cut chatter

SYDNEY/WELLINGTON: The Australian and New Zealand dollars hovered near multi-year lows on Monday on heightened speculati

Published 02 Feb, 2015 04:38am

Financial

China money rates rise on seasonal cash pressure, stock exchange

SHANGHAI: China's money markets rose on Friday, with the major benchmark money rate gaining over 24 basis points on

Published 30 Jan, 2015 10:02am

Financial

Yuan eases, stays near daily limit as analysts call for wider band

SHANGHAI: China's yuan weakened slightly on Friday, trading within a hair's breadth of lower limit of the offici

Published 30 Jan, 2015 07:46am

Financial

Commodity currencies feel heat; dollar, yen, euro stable

SYDNEY/TOKYO: Commodity currencies nursed hefty losses on Friday, as investors sent the Australian dollar to 5 1/2 year

Published 30 Jan, 2015 07:19am

Financial

Dollar edges down after US jobs rally

TOKYO: The dollar edged down against other major currencies on Friday as investors adjusted their positions ahead of key

Published 30 Jan, 2015 05:00am

Financial

Sri Lanka rupee forwards weaker despite intervention; seen lower on imports

COLOMBO: Sri Lankan rupee forwards ended weaker on Thursday due to importer dollar demand despite moral suasion by the c

Published 29 Jan, 2015 04:17pm

Financial

Bullish Fed hurts Asia FX; Singapore dollar rebounds

SEOUL: Most emerging Asian currencies fell on Thursday as the US Federal Reserve appeared on track to raise interest rat

Published 29 Jan, 2015 01:17pm

Financial

Dollar climbs in Asia as Fed points to 'solid' growth

TOKYO: The US dollar extended its gains on Thursday after the Federal Reserve pointed to the "solid pace" of growth in t

Published 29 Jan, 2015 10:07am

Financial

Sri Lanka rupee forwards down on importer dollar demand; budget awaited

COLOMBO: Sri Lankan rupee forwards ended weaker on Wednesday on importer dollar demand but the central bank capped the f

Published 28 Jan, 2015 03:05pm

Financial

Singapore dollar drives Asia FX lower as central bank move may fan regional easing; baht cuts losses

SEOUL: The Singapore dollar fell to its weakest in nearly four-and-a-half years on Wednesday, driving losses among emerg

Published 28 Jan, 2015 12:32pm

Financial

Sri Lanka rupee forwards end weaker on importer dollar demand; seen falling

COLOMBO: Sri Lankan rupee forwards ended weaker on Tuesday on importer dollar demand even as the central bank capped the

Published 27 Jan, 2015 03:33pm

Financial

Sri Lankan rupee down on importer dollar demand; market seeks clarity

COLOMBO: Sri Lankan rupee forwards traded weaker on Tuesday on importer dollar demand while the market awaited clarity o

Published 27 Jan, 2015 01:01pm

Financial

Euro mixed after Greek poll plunge

TOKYO: The euro edged up against the dollar on Tuesday after plunging in the wake of the anti-austerity Syriza party&#39

Published 27 Jan, 2015 08:06am

Financial

Euro ticks up after Greek poll plunge

TOKYO: The euro inched higher on Tuesday after plunging in the wake of the leftist Syriza party's victory in Greek e

Published 27 Jan, 2015 03:48am

Financial

Sri Lanka rupee forwards end weaker on importer dollar demand; seen falling

COLOMBO: Sri Lankan rupee forwards ended a tad weaker on Monday due to importer dollar demand, while exporters awaited d

Published 26 Jan, 2015 12:26pm

Financial

Euro, stocks slip as Greece set to reject austerity

TOKYO: The euro skidded to an 11-year low and stock prices fell on Monday as Greece's Syriza party promised to roll

Published 26 Jan, 2015 10:20am

Financial

Euro hits 11-year low as Greek leftists sweep to power

TOKYO: The euro hit an 11-year low versus the US dollar on Monday as Greece's anti-austerity Syriza party swept to v

Published 26 Jan, 2015 10:11am

Financial

Sri Lankan rupee tad weaker on importer dlr demand, stocks up

COLOMBO: Sri Lankan rupee forwards traded a tad weaker on Monday due to importer dollar demand and low exporter greenbac

Published 26 Jan, 2015 07:38am

Financial

Euro under pressure in Asia after plunging on ECB stimulus

TOKYO: The euro was on Friday close to its lowest levels in more than a decade after the European Central Bank launched

Published 23 Jan, 2015 10:06am

Financial

China's use of yuan for cross-border business growing

SHANGHAI: China's use of its own yuan currency for cross-border transactions has increased "notably" to 9.95 trillio

Published 23 Jan, 2015 10:00am

Financial

Euro ticks up in Asia after plunging on ECB stimulus

TOKYO: The euro edged higher Friday but remained under pressure after sinking to its lowest level in more than a decade

Published 23 Jan, 2015 04:08am

Financial

Sri Lankan rupee, stocks fall on political, economic policy woes

COLOMBO: Sri Lankan rupee forwards traded weaker for a fifth straight session on Thursday on importer dollar demand whil

Published 22 Jan, 2015 12:41pm

Financial

Euro under pressure in Asia ahead of ECB meet

TOKYO: The euro struggled against the dollar in Asia on Thursday as traders await a European Central Bank meeting where

Published 22 Jan, 2015 07:25am

Financial

Euro under pressure in Asia ahead of ECB meet

TOKYO: The euro struggled against the dollar in Asia on Thursday as traders await a European Central Bank meeting where

Published 22 Jan, 2015 05:39am

Financial

Kenyan shilling inches down as market anticipates dollar demand from importers

NAIROBI: The Kenyan shilling edged down against the dollar on Tuesday in anticipation of increased demand for US currenc

Published 20 Jan, 2015 01:07pm

Financial

Yen slips in Asia following China data

TOKYO: The yen slipped in Asia on Tuesday as confidence was boosted by better-than-expected Chinese growth data, while t

Published 20 Jan, 2015 06:47am

Financial

Yen slips in Asia following China data

TOKYO: The yen slipped in Asia on Tuesday as confidence was boosted by better-than-expected Chinese growth data, while t

Published 20 Jan, 2015 05:37am

Financial

Yuan leads Asia FX losses, ringgit falls despite Malaysia's policy change plan

SEOUL: China's yuan led losses among emerging Asian currencies on Monday as local stocks collapsed after regulators

Published 19 Jan, 2015 01:34pm

Financial

Euro stays on edge as crucial ECB meeting looms

SYDNEY/TOKYO: The euro flirted with 11-year lows on Monday as investors braced for the European Central Bank to take its

Published 19 Jan, 2015 01:18pm

Financial

Sri Lanka forex reserves down 6pc in Nov-Dec amid rupee defence

COLOMBO: Sri Lanka foreign currency reserves fell 6 percent in the last two months of 2014, latest central bank data sho

Published 19 Jan, 2015 08:35am

Financial

Euro weakens in Asia on ECB stimulus speculation

TOKYO: The euro struggled in Asia Monday on growing expectations that the European Central Bank will announce a massive

Published 19 Jan, 2015 07:23am

Financial

Euro weakens in Asia on ECB stimulus speculation

TOKYO: The euro struggled in Asia Monday on growing expectations that the European Central Bank will pull the trigger on

Published 19 Jan, 2015 04:59am

Financial

Sri Lanka rupee forwards end weaker on importer dollar demand

COLOMBO: Sri Lanka rupee forwards ended slightly weaker on Friday due to importer dollar demand, while exporters awaited

Published 16 Jan, 2015 03:28pm

Financial

Euro pinned near 11-year low as SNB move beefs up bets on ECB stimulus

SYDNEY/TOKYO: The euro languished just above an 11-year trough on Friday as investors wagered that the Swiss move to aba

Published 16 Jan, 2015 12:59pm

Financial

Singapore dollar edges up as volatility spikes on Swiss shock

SINGAPORE: The Singapore dollar edged higher on Friday in a reflection of what analysts said were traders being forced t

Published 16 Jan, 2015 12:57pm

Financial

Euro under pressure after Swiss franc peg yanked

TOKYO: The euro was struggling on Friday in Asia after plunging in reaction to Switzerland's surprise decision to re

Published 16 Jan, 2015 04:27am

Financial

Euro floored as SNB decision puts spotlight on ECB, franc surges

SYDNEY: The euro hovered above an 11-year trough early on Friday as investors wagered the Swiss move to abandon its curr

Published 15 Jan, 2015 10:48pm

Financial

Ringgit gets respite; rupee rises after central bank cuts rate

SINGAPORE: The Malaysian ringgit rose on Thursday, getting some respite in the wake of its drop to a near six-year low e

Published 15 Jan, 2015 01:21pm

Financial

Yen rally fizzles in Asia

TOKYO: The yen dipped in Asian trade Thursday, with a recent rally running out of steam as a surprise uptick in oil pric

Published 15 Jan, 2015 06:36am

Financial

Yen up in Asia on oil fears, euro hit by stimulus talk

TOKYO: The yen rose in Asia on Wednesday as plunging oil prices sent jittery investors into safer assets, while the euro

Published 14 Jan, 2015 07:07am

Financial

Yen up in Asia on oil fears, euro hit by stimulus talk

TOKYO: The yen rose in Asia on Wednesday as plunging oil prices sent jittery investors into safer assets, while the euro

Published 14 Jan, 2015 05:10am

Financial

Australian dollar falls, hits 2 months low vs yen as copper slide spooks market

SYDNEY/WELLINGTON: The Australian dollar sagged to its lowest in over two months against the yen on Wednesday as a sudde

Published 14 Jan, 2015 04:07am

Financial

Sri Lanka rupee forwards rise on dollar selling by state bank

COLOMBO: Sri Lanka rupee forwards ended firmer on Tuesday as a state-run lender sold dollars ahead of holidays on Wednes

Published 13 Jan, 2015 04:07pm

Financial

Dollar pressured by sagging US Treasury yields

TOKYO: The dollar got off on the backfoot against the yen on Tuesday, as Treasury yields fell on increased demand for sa

Published 13 Jan, 2015 06:57am

Financial

Australia & NZ dollars resilient, China trade supports

SYDNEY/WELLINGTON: Upbeat Chinese trade figures supported the Australian and New Zealand dollars on Tuesday, offsetting

Published 13 Jan, 2015 06:06am

Financial

Dollar slips to 1 month low vs yen, falling US Treasury yields weigh

TOKYO: The dollar skidded to its lowest level against the yen in a month on Tuesday, as Treasury yields fell on increase

Published 13 Jan, 2015 05:48am

Financial

Jittery traders buy yen in Asia

TOKYO: The yen picked up in Asia on Tuesday as tumbling oil prices sent traders scurrying for safer investments.The doll

Published 13 Jan, 2015 05:09am

Financial

Sri Lanka rupee forwards flat in dull trade

COLOMBO: Sri Lanka rupee forwards ended steady on Monday in dull trade as the market awaited direction after Maithripala

Published 12 Jan, 2015 03:48pm

Financial

South Africa rand, bonds boosted by renewed risk appetite

JOHANNESBURG: South Africa's rand strengthened to near its firmest level this year on Monday as expectations that th

Published 12 Jan, 2015 07:07am

Financial

Dollar down in Asian trade

SINGAPORE: The dollar fell in Asia Monday after a report revealed a decline in US wages that could dampen consumer spend

Published 12 Jan, 2015 06:56am

Financial

SouthKorean won scales 2 month high, bond futures surge on President remarks

SEOUL: The South Korean won climbed against the dollar en route to its highest close in more than 2 months, after an une

Published 12 Jan, 2015 06:47am

Financial

Dollar slips with yields, oil still dropping

SYDNEY: The US dollar took a dip on Monday as Asian investors caught up with a benign payrolls report and the subsequent

Published 12 Jan, 2015 05:52am

Financial

Australian & NZ dollars regain poise as euro, pound pressured

SYDNEY/WELLINGTON: The Australian and New Zealand dollars regained further ground on Monday courtesy of a broadly weaker

Published 12 Jan, 2015 05:44am

Financial

Dollar down in Asian trade

SINGAPORE: The dollar fell in Asia Monday after a report revealed a decline in US wages that could dampen consumer spend

Published 12 Jan, 2015 05:41am

Financial

Korean won leads gains as Asia awaits US jobs data

SINGAPORE: Asian currencies further recouped losses on Friday, led by the South Korean won, even as the US dollar held f

Published 09 Jan, 2015 12:59pm

Financial

Euro edges up from nine-year low against dollar

TOKYO: The euro recovered some losses against the dollar in Asia Friday after slipping below $1.800 for the first time i

Published 09 Jan, 2015 07:46am

Financial

Euro edges up from nine-year low against dollar

TOKYO: The euro recovered some losses against the dollar in Asian trade after slipping below $1.800 for the first time i

Published 09 Jan, 2015 06:11am

Financial

Surprise jump in Hong Kong yuan deposits unlikely to be repeated

HONG KONG: After yuan deposits in Hong Kong saw lacklustre growth for most of 2014, November brought a surprising jump.D

Published 08 Jan, 2015 06:40am

Financial

Malaysian ringgit recovers a bit, rest steady as oil slide pauses

SINGAPORE: The Malaysian ringgit pulled off 5-1/2-year lows against the dollar while other Asian currencies steadied on

Published 08 Jan, 2015 06:35am

Financial

Euro gets deflation jitters, dollar climbs

SYDNEY/TOKYO: The euro wobbled near a nine-year low on Thursday as investors wagered the European Central Bank would hav

Published 08 Jan, 2015 05:13am

Financial

China's yuan slips after central bank fixes midpoint at 1-month low

HONG KONG: China's yuan weakened on Thursday after the central bank set the daily midpoint against the US dollar at

Published 08 Jan, 2015 05:08am

Financial

Euro weakens in Asia on ECB stimulus expectations

TOKYO: The euro slid in Asia Thursday as falling prices in the eurozone boosted the prospect of European Central Bank (E

Published 08 Jan, 2015 04:28am

Financial

Sri Lanka rupee forwards weaker on importer dollar demand ahead of polls

COLOMBO: Sri Lanka rupee forwards eased on Wednesday due to dollar demand from importers, while exporters stayed on the

Published 07 Jan, 2015 02:34pm

Financial

Oil price plunge could help RBA weaken Australian dollar further

SYDNEY: The plunge in global oil prices could give Australia's central bank leeway to reduce interest rates with the

Published 07 Jan, 2015 07:57am

Financial

Euro struggles in Asia on Greek eurozone exit fears

TOKYO: The euro edged up from a nine-year low against the dollar on Wednesday in Asia, but it remained under pressure ow

Published 07 Jan, 2015 07:41am

Financial

Euro hits fresh low before inflation trial, bonds boom

SYDNEY: The euro hit a nine-year trough on Wednesday as collapsing oil prices and worries about the world economy drove

Published 07 Jan, 2015 06:24am

Financial

Euro buffeted ahead of inflation data, dollar bounces vs yen

SYDNEY/TOKYO: The euro slid to a nine-year low against the dollar on Wednesday as investors braced for inflation data th

Published 07 Jan, 2015 04:51am

Financial

Euro struggles in Asia on Greek eurozone exit fears

TOKYO: The euro edged up from a fresh nine-year low against the dollar on Wednesday in Asia, but the unit remained under

Published 07 Jan, 2015 04:42am

Financial

Sri Lanka rupee forwards end weaker on importer dollar demand

COLOMBO: Sri Lanka rupee forwards eased on Tuesday due to dollar demand from importers, while exporters stayed on the si

Published 06 Jan, 2015 02:59pm

Financial

Dollar slips vs yen on risk aversion, euro fragile

TOKYO/SYDNEY: The dollar slipped against the safe-haven yen on Tuesday as investor risk aversion mounted on the back of

Published 06 Jan, 2015 07:41am

Financial

Australia, NZ dollars resilient, trade figures help

SYDNEY/WELLINGTON: The Australian dollar proved resilient on Tuesday as demand against the euro and a smaller-than-feare

Published 06 Jan, 2015 05:43am

Financial

China's yuan edges up after stronger service sector activity

HONG KONG: China's yuan edged up against the dollar on Tuesday after a private survey showed China's services se

Published 06 Jan, 2015 05:09am

Financial

Australian & NZ dollars bruised by worries on Europe easing

SYDNEY/WELLINGTON: The Australian and New Zealand dollars came under pressure in thin trade on Monday, as growing specul

Published 05 Jan, 2015 07:05am

Financial

Euro slides to 9-year low, Asia shares subdued

TOKYO: The euro hit a nearly nine-year low versus the dollar on Monday as investors bet on quantitative easing by the Eu

Published 05 Jan, 2015 06:54am

Financial

China's yuan slips on weaker midpoint, dollar strength

HONG KONG: China's yuan edged down against the dollar on Monday after the central bank set the weakest official midp

Published 05 Jan, 2015 06:46am

Financial

Euro falls to nine-year low on ECB stimulus speculation

TOKYO: The euro fell to a near nine-year low against the dollar in Asia Monday after the head of the European Central Ba

Published 05 Jan, 2015 04:36am

Financial

Sri Lanka rupee forwards ease on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Friday as importer dollar demand surpassed inward remittances, while

Published 02 Jan, 2015 01:00pm

Financial

Euro dips against dollar on ECB stimulus expectations

SINGAPORE: The euro edged lower against the US dollar in Asia on Friday amid mounting speculation the European Central B

Published 02 Jan, 2015 04:49am

Financial

Sri Lankan rupee forwards end weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Thursday due to mild importer dollar demand and exporters stayed away

Published 01 Jan, 2015 12:54pm

Financial

Sri Lankan rupee forwards end weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended slightly weaker on Wednesday due to mild importer dollar demand.The spot curren

Published 31 Dec, 2014 04:07pm

Financial

Ringgit leads Asia FX slide in 2014, another tough year seen

SEOUL: Emerging Asian currencies slid in 2014, led by the Malaysian ringgit, and are expected to remain under pressure n

Published 31 Dec, 2014 12:25pm

Financial

China's yuan slips in 2014, first major decline since 2005 revaluation

SHANGHAI/HONG KONG: China's yuan closed at 6.2040 against the dollar on Wednesday, ending 2014 with its first signif

Published 31 Dec, 2014 12:03pm

Financial

Yen rises as investors run to safety

SINGAPORE: The yen held on to most of its gains against the dollar and the euro Wednesday as investors sought a safe hav

Published 31 Dec, 2014 06:52am

Financial

Yen rises as investors run to safety

SINGAPORE: The yen held on to most of its gains against the dollar and the euro Wednesday as investors sought safe haven

Published 31 Dec, 2014 05:13am

Financial

Indian rupee snaps four-day fall on corporate dollar sales

MUMBAI: The Indian rupee rebounded sharply on Tuesday after four consecutive sessions of losses as a weakening dollar pr

Published 30 Dec, 2014 03:30pm

Financial

Sri Lankan rupee forwards gain on inflows; importer dollar demand persists

COLOMBO: Sri Lankan rupee forwards ended slightly firmer on Tuesday as inflows into some banks offset importer dollar de

Published 30 Dec, 2014 03:23pm

Financial

China's yuan posts strongest one-day gain since March on new forex rules

SHANGHAI: China's yuan closed up 0.3 percent against the dollar on Tuesday, its strongest one-day gain since March,

Published 30 Dec, 2014 12:53pm

Financial

Indian rupee rises after 4 sessions of losses on corporate dollar selling

MUMBAI: The Indian rupee rebounded sharply on Tuesday after four consecutive sessions of losses as a weakening dollar pr

Published 30 Dec, 2014 12:52pm

Financial

Yuan turns firm on move to ease forex limits; Asia FX dips

SEOUL: The Chinese yuan rose on Tuesday after the country said it would relax from Jan. 1 restrictions on renminbi tradi

Published 30 Dec, 2014 08:40am

Financial

Dollar supported after Greek vote casts doubt over euro

TOKYO: The dollar hovered near a 29-month high against the euro on Tuesday after a Greek vote triggered the dissolution

Published 30 Dec, 2014 06:09am

Financial

Australian & NZ dollars pinned down in holiday lull

SYDNEY/WELLINGTON: The Australian dollar languished near 4-1/2-year lows on Tuesday, while the New Zealand dollar held s

Published 30 Dec, 2014 05:53am

Financial

Yuan hits 7-month low vs dollar, nearly touches 2pc daily limit for first time

SHANGHAI: China's yuan hit a seven-month low to the dollar on Tuesday and nearly touched its 2-percent daily trading

Published 30 Dec, 2014 05:27am

Financial

Euro loses more ground in Asia on Greece turmoil

TOKYO: The euro struggled in Asia on Tuesday after falling to a more than two-year low against the dollar as a brewing G

Published 30 Dec, 2014 05:13am

Financial

Sri Lankan rupee forwards fall on importer dollar demand

COLOMBO: Sri Lankan rupee forwards fell on Monday due to importer dollar demand, while dealers said unusual year-end dem

Published 29 Dec, 2014 03:31pm

Financial

Euro off lows but capped by wariness over Greek vote

TOKYO: The euro inched away from more than two-year lows but remained on tenterhooks as investors awaited a key vote in

Published 29 Dec, 2014 06:38am

Financial

Dollar on firm footing as Greek vote pressures euro

TOKYO: The dollar began the final week of 2014 on firm footing on Monday, as the euro flirted with two-year lows while i

Published 29 Dec, 2014 05:22am

Financial

Euro edges up in Asia ahead of Greek presidential vote

TOKYO: The euro rose in Asia on Monday as lawmakers in debt-laden Greece embark on a final bid to elect a new president

Published 29 Dec, 2014 04:22am

Financial

Sri Lankan rupee forwards end little changed on tepid demand

COLOMBO: Sri Lankan rupee forwards closed little changed on Friday, with dealers saying they expect the local currency t

Published 26 Dec, 2014 01:42pm

Financial

Shanghai soars despite muted post-Christmas trade in Asia markets

HONG KONG: Asian markets were mainly flat Friday with trade quiet across the region as key bourses remained closed for t

Published 26 Dec, 2014 09:58am

Financial

Dollar little changed in thin holiday Asian trade

TOKYO: The dollar traded in a narrow range with other major currencies during slow holiday trade in Asia Friday, but ana

Published 26 Dec, 2014 06:38am

Financial

Dollar little changed in thin holiday Asian trade

TOKYO: The dollar traded in a narrow range with other major currencies during slow holiday trade in Asia on Friday, but

Published 26 Dec, 2014 05:18am

Financial

Yen gains vs dollar, euro in Christmas-thinned market

TOKYO: The Japanese yen rose on Thursday in extremely thin trade because of the Christmas holiday, but the dollar remain

Published 25 Dec, 2014 11:49am

Financial

Yuan ends up, scores biggest single-day gain in seven months

SHANGHAI: China's yuan posted its biggest daily gain in seven months on Thursday, closing 0.3 percent firmer at 6.19

Published 25 Dec, 2014 11:37am

Financial

Dollar gives up US GDP data gains in Asia

TOKYO: The dollar lost more ground in thin Asian trade Thursday, after a rally powered by decade-high US economic growth

Published 25 Dec, 2014 05:55am

Financial

Yuan touches 6-month low, Taiwan dollar hits 4-year low

SINGAPORE: The Chinese yuan touched a six-month low and the Taiwan dollar hit a four-year trough on Wednesday, as the do

Published 24 Dec, 2014 12:39pm

Financial

Sri Lankan rupee forwards end steady; importer dollar demand weighs

COLOMBO: Sri Lankan rupee forwards closed steady for an eighth straight session on Wednesday, with the central bank capp

Published 24 Dec, 2014 12:11pm

Financial

Indian rupee hits 1-week low; bonds fall in low volumes

MUMBAI: The Indian rupee hit its lowest level in a week on Wednesday on the back of month-end dollar demand from importe

Published 24 Dec, 2014 12:09pm

Financial

Vietnam to keep dollar/dong rate moves within 2pc in 2015

HANOI: Vietnam will keep the dollar/dong exchange rate within a 2-percent band in 2015, similar to this year, to ensure

Published 24 Dec, 2014 05:37am

Financial

Dollar steady in Asia after US growth data rally

TOKYO: The dollar paused in Asia on Wednesday after rallying on the back of data that showed US economic growth at its h

Published 24 Dec, 2014 05:00am

Financial

Sri Lankan rupee forwards end steady; importer dollar demand weighs

COLOMBO: Sri Lankan rupee forwards closed steady for a seventh straight session on Tuesday despite importer dollar deman

Published 23 Dec, 2014 03:58pm

Financial

Singapore dollar slips after headline CPI turns negative

SINGAPORE: Most Asian currencies fell on Tuesday, with the Singapore dollar extending its losses after the city-state re

Published 23 Dec, 2014 12:39pm

Financial

Russia tells state exporters to sell forex revenues to help rouble

MOSCOW: Russian Prime Minister Dmitry Medvedev has signed an order obliging the country's largest state exporters to

Published 23 Dec, 2014 08:15am

Financial

US dollar holds steady in Asian trade

SINGAPORE: The greenback held steady in thin Asian trade Tuesday, supported by hopes for fresh upbeat figures on the US

Published 23 Dec, 2014 06:35am

Financial

Aussie dollar vulnerable, could break below 81 US cents; NZD steady

SYDNEY/WELLINGTON: The Australian dollar flirted with a 4-1/2 year trough against a broadly firmer greenback on Tuesday

Published 23 Dec, 2014 05:09am

Financial

High-flying dollar pauses in holiday lull, US data eyed

SYDNEY: The dollar touched a fresh two-week high against the yen on Tuesday, but struggled to make further headway in a

Published 23 Dec, 2014 04:54am

Financial

Asian currencies slip as dollar retains its firm tone

SINGAPORE: Most emerging Asian currencies edged lower on Tuesday, pressured by the dollar's firm tone, with the Taiw

Published 23 Dec, 2014 04:46am

Financial

US dollar holds steady in Asian trade

SINGAPORE: The greenback held steady in thin Asian trade Tuesday as dealers eyed improved US economy figures with expect

Published 23 Dec, 2014 04:18am

Financial

Sri Lankan rupee forwards end steady; seen stable until end 2014

COLOMBO: Sri Lankan rupee forwards ended steady for a sixth straight session amid dull trade on Monday, as the central b

Published 22 Dec, 2014 03:15pm

Financial

Indian rupee gains, bonds flat; foreign investors stay on sidelines

MUMBAI: The Indian rupee gained marginally while bonds were steady on Monday as investors stayed on the sidelines in a h

Published 22 Dec, 2014 11:59am

Financial

Asian currencies mixed; Korean won biggest gainer

SINGAPORE: Asian currencies were mixed versus the dollar on Monday, with the South Korean won proving the strongest gain

Published 22 Dec, 2014 09:07am

Financial

Asian FX mixed, support emerges on improved risk sentiment

SINGAPORE: Asian currencies were broadly mixed versus the dollar on Monday, although underlying improvement in risk sent

Published 22 Dec, 2014 06:10am

Financial

Dollar holds up in Asia on US rate expectations

TOKYO: The dollar held steady in Asian trade on Monday, underpinned by expectations the US Federal Reserve will raise in

Published 22 Dec, 2014 06:08am

Financial

Euro off to shaky start in subdued market, dollar holds strong

SYDNEY: The euro probed fresh two-year lows early on Monday in a subdued start to a holiday-shortened week, extending a

Published 22 Dec, 2014 05:27am

Financial

Australia & NZ dollars find some calm after turbulent times

SYDNEY/WELLINGTON: The Australian and New Zealand dollars struggled for momentum on Monday, having steadied from recent

Published 22 Dec, 2014 05:18am

Financial

Euro shaky on ECB and Greece, dollar keeps edge

SYDNEY/TOKYO: The euro probed fresh two-year lows early on Monday in a subdued start to a holiday-shortened week, extend

Published 22 Dec, 2014 05:14am

Financial

Dollar holds up in Asia on US rate expectations

TOKYO: The dollar held steady in slow Asian trade on Monday, underpinned by expectations that US Federal Reserve will ra

Published 22 Dec, 2014 04:36am

Financial

Sri Lankan rupee forwards end steady for 5th straight session

COLOMBO: Sri Lankan rupee forwards closed steady for a fifth straight session on Friday, as the central bank capped trad

Published 19 Dec, 2014 02:57pm

Financial

Singapore bonds set for S$11bn refi boost By Kit Yin Boey

SINGAPORE: Benchmark rates have fallen in the Singapore dollar bond market, making for conducive conditions for new issu

Published 19 Dec, 2014 08:13am

Financial

JGBs mostly firm, yields out to four years below zero

TOKYO: Japanese government bond prices held mostly firm on Friday with two-year yield hitting a record low and yields up

Published 19 Dec, 2014 08:11am

Financial

Yen weakens in Asia after BoJ meeting

TOKYO: The yen weakened in Asia Friday after the Bank of Japan held off fresh easing measures and struck a slightly more

Published 19 Dec, 2014 07:23am

Financial

Yen weakens in Asia after BoJ meeting

TOKYO: The yen weakened in Asia Friday after the Bank of Japan held off fresh easing measures and struck a slightly more

Published 19 Dec, 2014 05:21am

Financial

Indian rupee sees biggest gain in 7 months post Fed; bonds up for 2nd day

MUMBAI: Indian markets rallied on Thursday, with the rupee posting its biggest single-day gain in seven months and rebou

Published 18 Dec, 2014 03:57pm

Financial

Sri Lankan rupee fwds end steady; cbank sees stable currency in Dec

COLOMBO: Sri Lankan rupee forwards closed steady for a fourth straight session on Thursday, as the central bank's mo

Published 18 Dec, 2014 03:39pm

Financial

Ringgit sentiment worst since 2008; bearish rupiah bets rise

SINGAPORE: Bearish bets on the Malaysian ringgit rose slightly and remained at their highest since the 2008-09 global fi

Published 18 Dec, 2014 12:34pm

Financial

Rupiah and ringgit climb as Fed calms market nerves

SINGAPORE: The Indonesian rupiah, Malaysian ringgit and Indian rupee all rose on Thursday as an upbeat economic assessme

Published 18 Dec, 2014 12:24pm

Financial

Dollar jumps as Fed rate guidance shows quiet confidence in US economy

TOKYO: The dollar took the upper hand on Thursday after the Federal Reserve signalled it was on track to raise interest

Published 18 Dec, 2014 07:33am

Financial

Dollar jumps as Fed rate guidance shows quiet confidence in US economy

TOKYO: The dollar took the upper hand on Thursday after the Federal Reserve signalled it was on track to raise interest

Published 18 Dec, 2014 05:11am

Financial

Australian & NZ dollars feel the Fed pinch

SYDNEY/WELLINGTON: The Australian and New Zealand dollars nursed deep losses on Thursday after the Federal Reserve showe

Published 18 Dec, 2014 05:02am

Financial

Ruble steady in Asia after Russia measures to halt collapse

TOKYO: The ruble recovered in Asia Thursday after Russian authorities launched fresh measures to halt its collapse, whil

Published 18 Dec, 2014 05:00am

Financial

China FX regulator says closely monitoring Russian rouble slide

BEIJING: China is closely monitoring the slide in the Russian rouble, the foreign exchange regulator said on Thursday, a

Published 18 Dec, 2014 04:39am

Financial

China's yuan broadly steady on strong fixing

HONG KONG: China's yuan held steady against the dollar on Wednesday after the central bank set its daily midpoint at

Published 17 Dec, 2014 01:27pm

Financial

Dollar pulls off lows but under pressure ahead of Fed

TOKYO: The dollar nursed its losses in Asian trading on Wednesday, pulling away from lows hit overnight on skidding oil

Published 17 Dec, 2014 01:25pm

Financial

Indian rupee, bonds continue to fall; foreign fund flows key

MUMBAI: The rupee hit a new 13-month low on Wednesday, while bonds and shares fell to their weakest this month on concer

Published 17 Dec, 2014 01:24pm

Financial

Asian currencies dampened by risk aversion on Russia turmoil

SINGAPORE: Emerging Asian currencies put in a mixed performance against the dollar on Wednesday as sentiment remained ca

Published 17 Dec, 2014 12:43pm

Financial

Indian markets off lows, foreign investors in focus

MUMBAI: The rupee retreated from 13-month lows after the central bank stepped up intervention, while bonds also recovere

Published 17 Dec, 2014 12:01pm

Financial

Ruble claws back some losses

TOKYO: The embattled ruble clawed back some losses in Asian trade on Wednesday after crashing to unprecedented lows, but

Published 17 Dec, 2014 09:15am

Financial

India less vulnerable to rupee falls: policymaker

MUMBAI: India is less vulnerable than other emerging markets despite recent falls in the rupee because of improved funda

Published 17 Dec, 2014 07:12am

Financial

Indonesia's vice president: Rupiah at 12,500/dollar good for economic stability

JAKARTA: Indonesia's vice president on Wednesday said having the rupiah trade at 12,500 per dollar was good for econ

Published 17 Dec, 2014 07:11am

Financial

Ruble claws back some losses in Asian trade

TOKYO: The embattled ruble recouped some losses in Asian trade on Wednesday after crashing to unprecedented lows, but ma

Published 17 Dec, 2014 06:33am

Financial

Indian rupee, bonds slump; policy makers say not worried

MUMBAI: The rupee hit 13-month lows and bonds plunged as markets in the region tumbled on fears about the global economy

Published 16 Dec, 2014 04:29pm

Financial

Rupiah rises from 16-year low; won buoyed by firmer yen

SINGAPORE: The Indonesian rupiah gained some respite after hitting a 16-year low on Tuesday, buoyed by central bank inte

Published 16 Dec, 2014 12:50pm

Financial

Sri Lankan rupee forwards end steady

COLOMBO: Sri Lankan rupee forwards closed steady on Monday as banks hesitated to sell them beyond the 132.00-per-dollar

Published 16 Dec, 2014 12:12pm

Financial

Dollar hits new ruble record as oil plunges

TOKYO: The dollar hit a new record against the ruble in Asia Tuesday as plunging oil prices and geopolitical tensions sl

Published 16 Dec, 2014 07:54am

Financial

South Korean won touches 5-week high on firmer yen; shares fall

SEOUL: The South Korean won climbed to a five-week high against the dollar on Tuesday, with the greenback being dragged

Published 16 Dec, 2014 07:12am

Financial

Dollar hits new ruble record as oil plunges

TOKYO: The dollar hit a new record against the ruble in Asia Tuesday as plunging oil prices and geopolitical tensions sl

Published 16 Dec, 2014 06:49am

Financial

Indian rupee hits 13 month low on global econ fears; trade data

MUMBAI: The rupee weakened to its lowest level in 13 months on Tuesday as markets in the region tumbled after a sharp ra

Published 16 Dec, 2014 06:08am

Financial

China's yuan falls on central bank guidance, weak flash PMI

HONG KONG: China's yuan fell against the dollar on Tuesday as the central bank set a weaker midpoint, andon further

Published 16 Dec, 2014 06:06am

Financial

Australia & NZ dollars pinned down by China, yen rally

SYDNEY/WELLINGTON: The Australian dollar fell to 4-1/2-year lows on Tuesday, while the New Zealand dollar struggled as g

Published 16 Dec, 2014 06:06am

Financial

Yen firm as oil slump curbs risk appetite, rouble rebounds sharply

TOKYO: The yen hit a two-week high versus the dollar on Tuesday as investors shunned riskier assets, while the rouble -

Published 16 Dec, 2014 06:05am

Financial

South Korean won extends gain, up more than 1pc

SEOUL: The South Korean won gained more than 1 percent to touch a 5-week high on Tuesday afternoon, as the dollar was be

Published 16 Dec, 2014 05:55am

Financial

Rouble rebounds sharply after Russian central bank lifts rates

TOKYO: The Russian rouble rebounded from record lows on Tuesday after the Russian central bank hiked interest rates to h

Published 16 Dec, 2014 04:40am

Financial

Indian rupee sees biggest one-day fall in over 4 months, may fall more

MUMBAI: The Indian rupee posted its biggest single-day fall in more than four months, tracking steep losses in emerging

Published 15 Dec, 2014 02:50pm

Financial

Sri Lankan rupee forwards end steady

COLOMBO: Sri Lankan rupee forwards closed steady on Monday as banks hesitated to sell them beyond 132.00 per dollar due

Published 15 Dec, 2014 02:50pm

Financial

Rupiah hits 16-year low as Indonesian bonds retreat

SINGAPORE: The Indonesian rupiah hit a 16-year low versus the dollar on Monday, dented by year-end corporate demand for

Published 15 Dec, 2014 09:03am

Financial

Yen edges up in choppy trade as risk aversion rises

TOKYO: The yen climbed against the dollar and euro in extremely choppy trading on Monday, as investors took their cues f

Published 15 Dec, 2014 05:55am

Financial

Yen edges up in choppy trade as risk aversion rises

TOKYO: The yen climbed against the dollar and euro in extremely choppy trading on Monday, as investors took their cues f

Published 15 Dec, 2014 05:55am

Financial

Safe-haven yen firms in Asia

TOKYO: The yen firmed against the dollar and the euro in Asian trade Monday as sliding oil prices provoked growth concer

Published 15 Dec, 2014 05:16am

Financial

Dollar wavers in choppy trade as risk aversion rises, oil skids

TOKYO: The dollar quivered in choppy trading against the yen on Monday as oil prices continued to sink on a weak outlook

Published 15 Dec, 2014 05:11am

Financial

Australia dollar battered by oil dip, hostage incident, NZ dollar softer

SYDNEY/WELLINGTON: The Australian dollar dropped to 4-1/2-year lows on Monday on falling commodity prices and concerns a

Published 15 Dec, 2014 04:50am

Financial

Dollar wavers in choppy trade as risk aversion rises

TOKYO: The dollar quivered in choppy trading against the yen on Monday, under pressure as risk aversion pushed down US T

Published 15 Dec, 2014 04:44am

Financial

Rupiah tumbles, hits lowest vs dollar since August 1998

SINGAPORE/JAKARTA: The Indonesian rupiah fell to its lowest level since August 1998 on Monday and shares dropped, which

Published 15 Dec, 2014 04:41am

Financial

Safe-heaven yen firms in Asia

TOKYO: The yen firmed against the dollar and the euro in Asian trade Monday as sliding oil prices provoked growth concer

Published 15 Dec, 2014 04:08am

Financial

Australia dollar on defensive after RBA boss speaks, NZ dollar holds gains

SYDNEY/WELLINGTON: The Australian dollar struggled to stabilise on Friday after the Reserve Bank of Australia (RBA) chie

Published 12 Dec, 2014 03:04pm

Financial

China's yuan opens weaker as Central bank breaks streak of strong fixes

BEIJING: China's yuan opened weaker against the dollar on Friday after the central bank set the official guidance ra

Published 12 Dec, 2014 02:57pm

Financial

Indian rupee marks biggest weekly fall in over four months

MUMBAI: The Indian rupee marked its biggest weekly fall in over four months on Friday, tracking steep declines in local

Published 12 Dec, 2014 01:46pm

Financial

Sri Lankan rupee forwards end tad weaker on mild importer dollar demand

COLOMBO: Sri Lankan rupee forwards closed a tad weaker on Friday as mild importer dollar demand in late trade outpaced g

Published 12 Dec, 2014 01:40pm

Financial

Dollar rises as confidence in US economy grows

TOKYO: The dollar rose against other currencies in Asia on Friday as a strong US retail sales report reinforced investor

Published 12 Dec, 2014 06:55am

Financial

Indian rupee hits over 9-month low, RBI seen capping fall

MUMBAI: The Indian rupee tumbled to its lowest in more than nine months, tracking a fall in local shares, and as a recen

Published 11 Dec, 2014 11:59am

Financial

Indian rupee weakens to more than 9-month low; central bank seen intervening

MUMBAI: The Indian rupee fell to its weakest level against the dollar in more than nine months tracking a decline in dom

Published 11 Dec, 2014 08:28am

Financial

China's yuan firms but trades well below PBOC's stronger midpoint

BEIJING: China's yuan firmed against the dollar on Thursday but continued to trade far below the official daily guid

Published 11 Dec, 2014 06:16am

Financial

Dollar mixed after falls on risk aversion

TOKYO: The dollar was mixed in Asia on Thursday, after taking a hit in New York as dealers shifted to safer investments

Published 11 Dec, 2014 06:09am

Financial

Australian dollar edges up after mixed jobs report

SYDNEY: The Australian dollar nudged up on Thursday after a better-than-expected job report. The Aussie jumped to a week

Published 11 Dec, 2014 04:55am

Financial

NZ dollar rallies after RBNZ, drags Australian dollar up

SYDNEY/WELLINGTON: The Australian and New Zealand dollars regained some ground on Thursday after the Reserve Bank of New

Published 11 Dec, 2014 04:40am

Financial

Dollar drop eases pressure on metals

SYDNEY: Metals edged higher on Thursday as the dollar weakened against an index of currencies on year-end positioning an

Published 11 Dec, 2014 04:28am

Financial

Dollar mixed after falls on risk aversion

TOKYO: The dollar was mixed in Asia on Thursday, after taking a hit in New York as dealers shifted to safer investments

Published 11 Dec, 2014 03:37am

Financial

Yen's rally lifts Asia FX despite China deflation worries

SINGAPORE: Most emerging Asian currencies rose on Wednesday as the yen advanced to briefly strengthen past 119 per dolla

Published 10 Dec, 2014 12:42pm

Financial

Dollar slips in Asian trade

TOKYO: The dollar slipped against the yen in Asian trade Wednesday as risk appetite subsided and as eurozone fears retur

Published 10 Dec, 2014 07:05am

Financial

Yen up against dollar and euro in Asian trade

TOKYO: The safe-haven yen firmed against the dollar and the euro in Asian trade Wednesday as risk appetite subsided and

Published 10 Dec, 2014 06:58am

Financial

Solid yen supports Asia FX; China deflation worries weigh

SINGAPORE: Most emerging Asian currencies rose on Wednesday, helped by the yen's strength, while gains were limited

Published 10 Dec, 2014 05:33am

Financial

Dollar under pressure after shake out of crowded bullish positions

SYDNEY/TOKYO: The dollar nursed hefty losses on Wednesday following a brutal shakeout of bullish positions as investors

Published 10 Dec, 2014 05:28am

Financial

South Korean won rebounds from 15-month low on short-covering; shares edge down

SEOUL: The South Korean won was firmer on Tuesday morning as investors covered short positions in the currency, consolid

Published 09 Dec, 2014 06:57am

Financial

Australia & NZ dollars slip to multi-year lows, bonds in demand

SYDNEY/WELLINGTON: The Australian and New Zealand dollars dropped to multi-year lows on Tuesday as another slide in oil

Published 09 Dec, 2014 06:53am

Financial

Yuan slide quickens as Chinese forex market ignores central bank guidance

SHANGHAI/BEIJING: China's yuan slid dramatically against the dollar on Tuesday, heading for the largest single-day d

Published 09 Dec, 2014 06:36am

Financial

Yen benefits from falling oil prices; commodity currencies slide

SINGAPORE/SYDNEY: The yen edged higher on Tuesday as a fall in oil prices dented risk appetite and prompted investors to

Published 09 Dec, 2014 06:27am

Financial

South Korean won recovers on yen rebound; shares weighed by oil falls

SEOUL: The South Korean won rose on Tuesday as a strong rebound by the yen reduced worries that South Korean l authoriti

Published 09 Dec, 2014 06:23am

Financial

Dollar stands firm against yen but fresh rises tipped

TOKYO: The dollar held its ground against the yen Tuesday after dipping in New York, although analysts expect further ad

Published 09 Dec, 2014 04:21am

Financial

Sri Lankan rupee forwards end firmer on exporter dollar sales

COLOMBO: Sri Lankan rupee forwards closed firmer on Monday as dollar selling by exporters and inward remittances outpace

Published 08 Dec, 2014 04:05pm

Financial

Indian rupee falls, tracking broad dlr rally; flows limit fall

MUMBAI: The Indian rupee weakened on Monday after a robust monthly U.S. employment data sparked a global rally in the do

Published 08 Dec, 2014 04:01pm

Financial

Sterling, Aussie, kiwi hit new lows against stronger dollar

LONDON: Sterling and the New Zealand and Australian dollars were the main losers among major currencies in early Europea

Published 08 Dec, 2014 09:10am

Financial

South Korean won hits fresh 15 month low on strong US jobs data; share edge down

SEOUL: The South Korean won fell to a 15-month low on Monday, pressured by a broad rally in the dollar after surprisingl

Published 08 Dec, 2014 05:54am

Financial

Australia & NZ dollars stung by China data, strong US jobs

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were nursing hefty losses on Monday as weak Chinese trade numb

Published 08 Dec, 2014 05:53am

Financial

China's yuan slightly weaker, follows last week's bearish trend

BEIJING: China's yuan weakened against the broadly stronger dollar on Monday, despite the central bank setting a str

Published 08 Dec, 2014 05:37am

Financial

Dollar basks in post-payrolls glow, touches 7-year high vs yen

SINGAPORE/SYDNEY: The dollar set a fresh seven-year high against the yen on Monday after surprisingly robust US jobs dat

Published 08 Dec, 2014 05:30am

Financial

Dollar holds up after boost on strong jobs data

TOKYO: The dollar edged higher against the yen in Asia on Monday after rallying at the end of last week on strong US job

Published 08 Dec, 2014 03:59am

Financial

Dollar rally to weaken Indian rupee over next year; yuan to rise

BENGALURU: The Indian rupee will fall further against the dollar over coming months, according to analysts in a Reuters

Published 05 Dec, 2014 02:21pm

Financial

China money rates slide, bond yields rise with further easing expected

SHANGHAI: China's money rates slid this week and yields on lower rated bonds rose as investors factored in growing e

Published 05 Dec, 2014 02:11pm

Financial

Ringgit leads weekly Asia FX losses; US jobs data eyed

SINGAPORE: The Malaysian ringgit hit a five-year low against the dollar on a disappointing trade data on Friday, leading

Published 05 Dec, 2014 02:10pm

Financial

Indian rupee at two-week closing high; US jobs data eyed

MUMBAI: The Indian rupee ended at a two-week closing high on Friday, tracking broad-based strength in Asian currencies a

Published 05 Dec, 2014 01:11pm

Financial

Euro holds steady afer rallying on ECB decision

TOKYO: The euro held steady against other major currencies in Asia on Friday after the European Central Bank's decis

Published 05 Dec, 2014 07:25am

Financial

Euro holds up after rallying on ECB decision

TOKYO: The euro held up against other major currencies in Asia on Friday after rallying on the European Central Bank&#39

Published 05 Dec, 2014 03:49am

Financial

Euro hits 2-year low as ECB eyed; Aussie dollar extends fall

SYDNEY/SINGAPORE: The euro hit a two-year low on Thursday, finding few friends in a market that is wagering the European

Published 04 Dec, 2014 12:57pm

Financial

Ringgit sentiment worst since 2008 crisis; long yuan positions fall

SINGAPORE: Short positions in Malaysia's ringgit reached their largest since the 2008-09 global financial crisis ove

Published 04 Dec, 2014 12:53pm

Financial

Firm US job data hurts Asia FX; won down as yen nears 120/dollar

SINGAPORE: Most emerging Asian currencies eased on Thursday as the dollar stayed at multi-year highs against major curre

Published 04 Dec, 2014 12:20pm

Financial

Dollar up in Asia after positive Fed report on US economy

TOKYO: The dollar on Thursday edged closer to 120 yen after the Federal Reserve published an upbeat outlook on the US ec

Published 04 Dec, 2014 04:31am

Financial

South Korean won falls as weakening yen fuels intervention worries; shares up

SEOUL: The South Korean won was nursing moderate losses on Wednesday morning as market players turned skittish over the

Published 03 Dec, 2014 03:09pm

Financial

Aussie dollar sinks to 4 year lows after weak GDP, brings rate cut into view

SYDNEY/WELLINGTON: The Australian dollar tumbled to four-year lows on Wednesday after a surprisingly soft reading on eco

Published 03 Dec, 2014 03:07pm

Financial

Dollar sets 7-year high vs yen; Aussie tumbles after weak GDP

SINGAPORE/SYDNEY: The dollar hit a seven-year peak against the yen on Wednesday, following a rise in US bond yields and

Published 03 Dec, 2014 02:56pm

Financial

Strong dollar hits Asia FX; ringgit near 5 year low despite oil rebound

SINGAPORE: Most Asian emerging markets currencies fell on Wednesday as the dollar hit a seven-year top against the yen,

Published 03 Dec, 2014 02:50pm

Financial

Sri Lankan rupee forwards end weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Wednesday as dollar demand from importers outpaced greenback sales by

Published 03 Dec, 2014 02:14pm

Financial

Indian rupee ends lower in line with Asian peers

MUMBAI: The Indian rupee ended marginally lower on Wednesday in line with Asian peers on global dollar strength, but vol

Published 03 Dec, 2014 01:58pm

Financial

China allows brokerage to trade in interbank FX market

BEIJING: Guotai Junan Securities, China's third-largest broker by profit, has been approved to trade in the interban

Published 03 Dec, 2014 10:07am

Financial

Dollar creeps toward fresh seven-year yen high

TOKYO: The dollar crept towards 120 yen and a new seven-year high on Wednesday as a batch of encouraging US data showed

Published 03 Dec, 2014 06:02am

Financial

Dollar creeps toward fresh seven-year yen high

TOKYO: The dollar crept closer to a fresh seven-year high above 120 yen on Wednesday as a batch of encouraging US data s

Published 03 Dec, 2014 05:35am

Financial

Sri Lankan rupee forwards end tad up on exporter, bank dollar sales

COLOMBO: Sri Lankan rupee forwards ended slightly firmer on Tuesday as dollar sales by exporters and banks outpaced impo

Published 02 Dec, 2014 12:19pm

Financial

Indian rupee ends higher after RBI policy review

MUMBAI: The Indian rupee rose on Tuesday after the central bank kept interest rates unchanged but signalled it could eas

Published 02 Dec, 2014 11:54am

Financial

Dollar holds up, ruble rebounds

TOKYO: The dollar held steady in Asia Tuesday after sliding on a rebound in oil prices, while the Russian ruble bounced

Published 02 Dec, 2014 06:27am

Financial

South Korean won firms as oil rebound halts dollar rally; shares dip on growth woes

SEOUL: The South Korean won firmed against the dollar on Tuesday as the greenback came under pressure from a sharp rebou

Published 02 Dec, 2014 04:55am

Financial

China's yuan edges up on central bank guidance

HONG KONG: China's yuan rose slightly against the dollar on Tuesday, following a stronger midpoint fix by the centra

Published 02 Dec, 2014 04:46am

Financial

Dollar holds up, ruble rebounds

TOKYO: The dollar held steady in Asia Tuesday following a slip in reaction to a rebound in oil prices, while the Russian

Published 02 Dec, 2014 04:08am

Financial

Indian rupee ends flat after hitting 9-1/2 month low

MUMBAI: The Indian rupee ended largely steady on Monday after touching a near 9-1/2 month low, as dollar selling by expo

Published 01 Dec, 2014 12:37pm

Financial

Malaysia ringgit to see largest two-day loss since 1997-98 crisis as oil slides

SINGAPORE: Malaysia's ringgit was set on Monday to suffer its biggest two-day slide since the 1997-98 Asian financia

Published 01 Dec, 2014 08:11am

Financial

Dollar up in Asia on weak oil prices

TOKYO: The dollar notched up further gains against the yen in Asia on Monday as investors embraced lower oil prices as a

Published 01 Dec, 2014 04:35am

Financial

Australia & NZ dollars skid on oil slide, bonds in demand

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were heading for a second week of losses on Friday, weighed by

Published 28 Nov, 2014 02:06pm

Financial

Ringgit near 5 year low as oil tumbles; Asia FX down in Nov

SINGAPORE: Malaysia's ringgit fell to a near five-year low on Friday as oil prices tumbled, while emerging Asian cur

Published 28 Nov, 2014 01:57pm

Financial

Indian rupee falls for fifth straight week; GDP data in focus

MUMBAI: The Indian rupee weakened on Friday, continuing to fall for a fifth straight week, as the broad rally in the dol

Published 28 Nov, 2014 01:06pm

Financial

Sri Lankan rupee forwards end firmer on dollar sales by banks, exporters

COLOMBO: Sri Lankan rupee forwards gained on Friday due to inward remittances and exporter dollar sales and as banks off

Published 28 Nov, 2014 12:35pm

Financial

Yen weakens in Asia after poor Japan data

TOKYO: The yen weakened in Asia on Friday after a slate of tepid Japanese data that has dealt another blow to the govern

Published 28 Nov, 2014 06:05am

Financial

Sri Lankan rupee forwards firmer on dollar sales by banks, exporters

COLOMBO: Sri Lankan rupee forwards gained on Thursday as exporters sold dollars after being away from the market recentl

Published 27 Nov, 2014 04:28pm

Financial

Won leads Asia FX gains on weak US data; peso up despite slowed GDP growth

SINGAPORE: South Korea's won hit its strongest level in more than a week on Thursday, leading gains among emerging A

Published 27 Nov, 2014 01:19pm

Financial

Indian rupee wedged in tight band; month-end importer dollar demand hurts

MUMBAI: The Indian rupee ended slightly lower on Thursday after trading in a thin band through the day as demand for the

Published 27 Nov, 2014 12:22pm

Financial

Euro slips in Asia on ECB official's easing comments

TOKYO: The euro lost more ground in Asia on Thursday after a European Central Bank official's dovish comments booste

Published 27 Nov, 2014 07:59am

Financial

Australia dollar rebounds on upbeat capex, NZD steady

SYDNEY/WELLINGTON: The Australian dollar bounced off four-year lows on Thursday after an upbeat report on business spend

Published 27 Nov, 2014 05:04am

Financial

Dollar dips versus yen, Aussie climbs on upbeat data

TOKYO: The dollar edged down against the yen on Thursday after lacklustre US economic data pushed Treasury yields lower

Published 27 Nov, 2014 04:24am

Financial

Euro slips in Asia on ECB official's easing comments

TOKYO: The euro lost more ground in Asia on Thursday after a European Central Bank official's dovish comments booste

Published 27 Nov, 2014 03:39am

Financial

Australian dollar slides to 4-year low against greenback

LONDON: The Australian dollar hit a four-year low against its US counterpart on Wednesday ahead of a clutch of data like

Published 26 Nov, 2014 01:42pm

Financial

India rupee inches higher; month-end dollar demand offsets inflows

MUMBAI: The Indian rupee closed marginally stronger on Wednesday after being held in a tight range as dollar inflows int

Published 26 Nov, 2014 01:12pm

Financial

Sri Lankan rupee forwards fall on dollar demand from importers

COLOMBO: Sri Lankan rupee forwards fell on Tuesday due to dollar demand by importers, but the central bank prevented fur

Published 26 Nov, 2014 12:56pm

Financial

Dollar's yen rally stalls in Asia

TOKYO: The yen rose against the dollar Wednesday as a recent sell-off in the unit ran out of steam following mixed US ec

Published 26 Nov, 2014 06:46am

Financial

Dollar's yen rally stalls in Asia

TOKYO: The yen edged up against the dollar Wednesday as a recent sell-off in the unit over the past month ran out of ste

Published 26 Nov, 2014 04:42am

Financial

India rupee gains on corporate, custodian bank dollar sales

MUMBAI: The Indian rupee gained on Tuesday after a volatile trading session as dollar selling by custodian banks and a l

Published 25 Nov, 2014 04:32pm

Financial

Sri Lankan rupee forwards slip on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Tuesday due to importer dollar demand, with the central bank pegging

Published 25 Nov, 2014 04:22pm

Financial

Yen edges up in Asia on BoJ chief comments

TOKYO: The yen rose in Asia on Tuesday after the head of the Bank of Japan indicated concern about the negative impact o

Published 25 Nov, 2014 07:02am

Financial

Yen edges up in Asia on BoJ chief comments

TOKYO: The yen rose in Asia on Tuesday after the head of the Bank of Japan indicated concern about the negative impact o

Published 25 Nov, 2014 05:37am

Financial

India rupee weakens as state-run banks buy dollars; euro fall weighs

MUMBAI: The Indian rupee weakened on Monday on sustained buying of dollars by state-run banks and importers even as most

Published 24 Nov, 2014 01:35pm

Financial

Sri Lankan rupee forwards end weaker on political uncertainty

COLOMBO: Sri Lankan rupee forwards ended weaker on Monday due to importer dollar demand, though moral suasion by the cen

Published 24 Nov, 2014 01:32pm

Financial

Euro struggles in Asia on ECB chief's comments

SINGAPORE: The euro struggled in Asian trade Monday after being hammered late last week in response to comments from the

Published 24 Nov, 2014 06:46am

Financial

Euro struggles in Asia on ECB chief comments

SINGAPORE: The euro struggled to recover in Asian trade Monday after being hammered at the end of last week in response

Published 24 Nov, 2014 04:46am

Financial

Yen rebound lifts regional peers; Asia FX down for week

SINGAPORE: Emerging Asian currencies rose on Friday as the yen rebounded after Japan's Finance Minister Taro Aso war

Published 21 Nov, 2014 03:58pm

Financial

Yuan may weaken early next year as central bank steps back

SHANGHAI/BEIJING: China's central bank has taken a hands-off approach to the yuan in the last six months, possibly s

Published 21 Nov, 2014 02:43pm

Financial

Australia & NZ dollars bounce, but still lower for the week

SYDNEY/WELLINGTON: The Australian and New Zealand dollars bounced off lows on Friday as commodity prices showed tentativ

Published 21 Nov, 2014 02:41pm

Financial

South Korean won bounces from 15 month low, shares edge higher

SEOUL: The South Korean won rebounded from a 15-month trough on Friday, as the dollar took a breather, especially agains

Published 21 Nov, 2014 02:32pm

Financial

Yen jumps after Japan fin min warns on rapid fall

TOKYO: The yen rose sharply on Friday after Japanese Finance Minister Taro Aso said the currency's fall over the pas

Published 21 Nov, 2014 02:31pm

Financial

Yen recovers from multi-year lows

TOKYO: The yen clawed back some losses in Asia after a steep slide over the past week left it at multi-year lows against

Published 21 Nov, 2014 09:44am

Financial

Yen recovers from multi-year lows

TOKYO: The yen clawed back some losses in Asia after a steep slide over the past week left it at multi-year lows against

Published 21 Nov, 2014 04:44am

Financial

Sliding yen, weak China PMI hit Asia FX; Sing dollar up with intervention spotted

SINGAPORE: Most emerging Asian currencies fell on Thursday with the South Korean won near a 15-month low as the yen lost

Published 20 Nov, 2014 12:39pm

Financial

Sri Lankan rupee forwards fall on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Thursday due to dollar demand from importers, but moral suasion by th

Published 20 Nov, 2014 12:05pm

Financial

Indian rupee recoups losses to end nearly flat

MUMBAI: The Indian rupee ended nearly flat on Thursday after a fall to a nine-month low had sparked mild intervention fr

Published 20 Nov, 2014 11:58am

Financial

Yen hits fresh lows on BoJ easing speculation

TOKYO: The yen drifted lower in Asia on Thursday, hitting multi-year lows against the dollar and euro as investors bet o

Published 20 Nov, 2014 04:26am

Financial

Sliding yen hits Asia FX, rupiah up on central bank rate hike

SINGAPORE: Most emerging Asian currencies fell on Wednesday as the yen hit a seven-year low, while Indonesia's rupia

Published 19 Nov, 2014 01:24pm

Financial

Indian rupee hits 8-1/2 month low on dollar demand from oil firms

MUMBAI: The Indian rupee hit an 8-1/2 month low on Wednesday as global gains in the dollar ahead of the release of U.S.

Published 19 Nov, 2014 12:43pm

Financial

Sri Lankan rupee forwards fall slightly on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended slightly weaker on Wednesday due to importer dollar demand, though moral suasio

Published 19 Nov, 2014 12:32pm

Financial

Sri Lankan rupee forwards steady on central bank moral suasion

COLOMBO: Sri Lankan rupee forwards traded steady on Wednesday despite importer dollar demand due to moral suasion from t

Published 19 Nov, 2014 07:59am

Financial

Yen weakens after BoJ meeting

TOKYO: The yen slipped in Asia Wednesday after the Bank of Japan wrapped up a meeting with policymakers trimming their i

Published 19 Nov, 2014 06:00am

Financial

Yen slips in wake of Japan's decision to delay sales tax rise

SINGAPORE: The yen hit a fresh seven-year low versus the dollar on Wednesday, staying on the defensive after Japanese Pr

Published 19 Nov, 2014 05:12am

Financial

Australian & NZ dollars weighed by iron ore and dairy declines

SYDNEY/WELLINGTON: The Australian and New Zealand dollars struggled to make friends on Wednesday, following another slid

Published 19 Nov, 2014 03:22am

Financial

South Korean won falls to fresh 14 month low on yen weakness; shares lower

SEOUL: The South Korean won fell to a fresh 14-month low on Wednesday, pressured by the yen slumping to a 7-year low aga

Published 19 Nov, 2014 03:20am

Financial

Sri Lankan rupee forwards weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Tuesday on importer dollar demand, though moral suasion from the cent

Published 18 Nov, 2014 04:16pm

Financial

Rupiah hits 2-week high as central bank meets after fuel price hike; Asia FX down

SINGAPORE: Indonesia's rupiah touched a two-week high on Tuesday with some expectations that its central bank may ra

Published 18 Nov, 2014 12:04pm

Financial

Indian rupee ends little changed on EU, Japan stimulus hopes

MUMBAI: The Indian rupee ended little changed on Tuesday after earlier hitting a one-month low as oil companies accelera

Published 18 Nov, 2014 11:45am

Financial

Dollar steady against yen in Asia

TOKYO: The dollar held steady against the yen in Asia Tuesday after the previous day's sell-off in response to news

Published 18 Nov, 2014 06:04am

Financial

Indian rupee hits one-month low on corporate dollar demand

MUMBAI: The Indian rupee weakened to its lowest level in a little over a month on Tuesday morning as private oil firms b

Published 18 Nov, 2014 05:49am

Financial

Dollar underpinned by ECB talk, Japan election speculation

TOKYO: The dollar held its own on Tuesday after European Central Bank officials raised the prospects of further stimulus

Published 18 Nov, 2014 04:11am

Financial

Indonesia rupiah races to 2-week high after fuel price hike

SINGAPORE: Indonesia's rupiah jumped to a two-week high on Tuesday, a day after the government raised subsidised fue

Published 18 Nov, 2014 04:05am

Financial

Australian & NZ dollars supported by carry trades

SYDNEY/WELLINGTON: The Australian and New Zealand dollars edged up on Tuesday, as the outlook for sustained monetary pol

Published 18 Nov, 2014 03:58am

Financial

China's yuan steady, may face profit-taking after extended gains

HONG KONG: China's yuan steadied on Tuesday as traders braced for a round of profit taking on the Chinese currency,

Published 18 Nov, 2014 03:35am

Financial

Dollar steady against yen in Asia

TOKYO: The dollar held steady against the yen in Asia Tuesday after the previous day's sell-off in response to news

Published 18 Nov, 2014 03:27am

Financial

Indian rupee falls as gloomy Japan data raises global growth concerns

MUMBAI: The Indian rupee fell for a third consecutive session on Monday, trading near its lowest in a month, after data

Published 17 Nov, 2014 03:48pm

Financial

Sri Lanka rupee forwards weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker on Monday due to importer dollar demand, but moral suasion from the

Published 17 Nov, 2014 03:43pm

Financial

Won leads Asia FX gains as yen rebounds despite Japan's slump

SINGAPORE: The South Korean won led gains in emerging Asian currencies on Monday as the yen rebounded from a seven-year

Published 17 Nov, 2014 08:31am

Financial

Sri Lanka rupee forwards weaker on importer dollar demand; central bank caps fall

COLOMBO: Sri Lanka rupee forwards traded weaker on Monday due to importer dollar demand, while moral suasion by the cent

Published 17 Nov, 2014 07:57am

Financial

Yen up against dollar after poor Japan GDP data

TOKYO: The yen climbed against the dollar in Asia Monday after briefly hitting a seven-year low in response to data show

Published 17 Nov, 2014 07:07am

Financial

Australia, NZ dollars jump on yen as Japan slips into recession

SYDNEY: The Australian and New Zealand dollars extended their meteoric rise on the yen on Monday as dismal Japanese econ

Published 17 Nov, 2014 04:44am

Financial

Dollar retreats from 7 year high vs yen as Japan recession hits Nikkei

TOKYO: The dollar swung wildly against the yen on Monday, initially spiking to a seven-year high after data showed Japan

Published 17 Nov, 2014 04:35am

Financial

China's yuan edges higher as stock connect scheme debuts

HONG KONG: China's yuan firmed slightly on Monday as a landmark scheme connecting the Hong Kong and mainland stock m

Published 17 Nov, 2014 04:20am

Financial

Yen on roller coaster in Asia after poor Japan GDP data

TOKYO: Japan's currency was on a roller coaster ride in Asia Monday as news that the country had slumped into recess

Published 17 Nov, 2014 04:09am

Financial

Indian rupee sees biggest fall in a week on broad dollar rise

MUMBAI: The Indian rupee saw its biggest single-day fall in a week on Friday tracking a continued resurgence globally in

Published 14 Nov, 2014 12:23pm

Financial

Sri Lanka rupee forwards weaker on importer dollar demand; central bank caps fall

COLOMBO: The Sri Lanka rupee forwards ended weaker on Friday due to importer dollar demand, while the central bank's

Published 14 Nov, 2014 12:09pm

Financial

Yen mixed in Asia with focus on Japan GDP data

TOKYO: The yen was mixed in Asia on Friday as investors eye third-quarter Japanese growth figures next week while specul

Published 14 Nov, 2014 07:26am

Financial

Yen weak in Asia with focus on Japan GDP data

TOKYO: The yen struggled in Asia on Friday as investors eye third-quarter Japanese growth figures next week while specul

Published 14 Nov, 2014 04:35am

Financial

Sri Lanka rupee edges down despite dollar sales by banks

COLOMBO: The Sri Lanka rupee ended slightly weaker on Thursday as importer dollar demand outpaced greenback sales by ban

Published 13 Nov, 2014 12:32pm

Financial

Indian rupee see-saws; state-bank dollar buying, weak shares hurt

MUMBAI: The Indian rupee continued its see-sawing trend and weakened marginally on Thursday as losses in domestic shares

Published 13 Nov, 2014 12:15pm

Financial

China's yuan nearly flat after APEC summit

SHANGHAI: China's yuan barely moved against the dollar on Thursday as investors turn cautious after the conclusion o

Published 13 Nov, 2014 09:31am

Financial

Won eases as central bank chief remains concerned over weak yen

SINGAPORE: South Korea's won slid on Thursday as the central bank chief repeated concerns over the impact on the loc

Published 13 Nov, 2014 09:26am

Financial

Dollar resumes rise vs yen, intervention warning knocks Aussie

TOKYO: The dollar edged back toward a seven-year high struck earlier this week against the yen, as speculation swirled t

Published 13 Nov, 2014 09:20am

Financial

Yen weak in Asia on Japan sales tax hike speculation

TOKYO: The yen struggled in Asian trade Thursday amid speculation that Tokyo will delay a sales tax hike planned for nex

Published 13 Nov, 2014 06:51am

Financial

South Korean won falls to 14 month low; shares up on bargain-hunting

SEOUL: The South Korean won fell to a fresh 14-month low on Wednesday, tracking sharp declines in the Japanese yen on gr

Published 12 Nov, 2014 05:28am

Financial

Australian & NZ dollars scale new heights against yen

SYDNEY/WELLINGTON: The Australian and New Zealand dollars surged on the yen on Wednesday as investors went hunting for y

Published 12 Nov, 2014 05:24am

Financial

China's yuan falls to 3-week low on central bank guidance

SHANGHAI: China's yuan fell to a three-week low against the dollar on Wednesday after the central bank set another w

Published 12 Nov, 2014 05:16am

Financial

Yen off 7-year low after Japan official's comments cool election talk

TOKYO/SYDNEY: The yen pulled back from a seven-year low against the dollar on Wednesday, after comments from a Japanese

Published 12 Nov, 2014 05:15am

Financial

Indian rupee falls tracking broad dollar rally; CPI in focus

MUMBAI: The Indian rupee weakened for a fourth session in five on Tuesday as the dollar resumed its recent rally while p

Published 11 Nov, 2014 12:17pm

Financial

Won leads Asia FX losses as yen tumbles; ringgit at 4-year low

SINGAPORE: The won led losses in emerging Asian currencies on Tuesday due to speculation that South Korean authorities c

Published 11 Nov, 2014 08:50am

Financial

Sri Lanka rupee forwards slightly weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards traded a tad weaker on Tuesday due to importer dollar demand, while moral suasion by

Published 11 Nov, 2014 07:33am

Financial

Dollar nears 7-year high versus yen as Tokyo stocks soar

TOKYO/SYDNEY: The dollar rose towards a seven-year high versus the yen on Tuesday as a surge in Tokyo stocks amid an inc

Published 11 Nov, 2014 07:31am

Financial

China's yuan edges lower on weaker midpoint

SHANGHAI: China's yuan fell against the dollar on Tuesday after the central bank set the midpoint slightly weak, sig

Published 11 Nov, 2014 04:56am

Financial

Dollar edges down in Asia, eyes on Japan growth

TOKYO: The dollar slipped in Asia on Tuesday after ratcheting up big gains against the yen this month, while investors l

Published 11 Nov, 2014 04:48am

Financial

Aussie & Kiwi steady but off highs as US dollar regains footing

WELLINGTON: The Australian and New Zealand dollars were sitting lower in subdued trading on Tuesday as the US dollar reg

Published 11 Nov, 2014 04:10am

Financial

Dollar steadies from payrolls wobble, Aussie firmer on house data

TOKYO/SYDNEY: The dollar steadied on Tuesday after recouping some of its post-payrolls losses as an uptick in risk appet

Published 11 Nov, 2014 03:51am

Financial

Dollar weakens in Asia on mixed US jobs data

TOKYO: The dollar weakened in Asia on Monday after surging to seven-year highs last week, following a closely watched US

Published 10 Nov, 2014 01:46pm

Financial

Sri Lanka rupee steady; inflows expected to ease pressure

COLOMBO: The Sri Lankan rupee traded steady on Monday as dollar inflows into some government securities offset importer

Published 10 Nov, 2014 12:32pm

Financial

US jobs data supports Asia FX; won gains on yen's rebound

SINGAPORE: South Korea's won led rebounds in emerging Asian currencies as weaker-than-expected US jobs data caused i

Published 10 Nov, 2014 12:18pm

Financial

Dollar index to rise to 89.048

SINGAPORE: The dollar index is expected to gain more to 89.048, as it has broken a resistance at 87.155.The resistance w

Published 10 Nov, 2014 12:18pm

Financial

Won leads Asia FX losses on US jobs data caution

SINGAPORE: The South Korean won was set for its worst week in almost 1-1/2 years, leading weekly losses in emerging Asia

Published 07 Nov, 2014 01:41pm

Financial

Sri Lanka rupee steady on central bank intervention; importer dollar demand weighs

COLOMBO: The Sri Lankan rupee was steady on Friday as banks were reluctant to trade below the central bank's desired

Published 07 Nov, 2014 01:26pm

Financial

South Korean won falls, holds near 14-month low; shares edge up

SEOUL: The South Korean won fell for a seventh-straight session on Friday, hovering just above a 14-month low on broad s

Published 07 Nov, 2014 01:00pm

Financial

Indonesia's forex reserves rise to $112bn end-Oct

JAKARTA: Indonesia's foreign exchange reserves rose to $111.97 billion by the end of October from $111.2 billion the

Published 07 Nov, 2014 12:40pm

Financial

Euro struggles in Asia after fall on ECB chief comments

TOKYO: The euro struggled to recover against the dollar in Asia Friday after hitting a more than two-year low in New Yor

Published 07 Nov, 2014 05:37am

Financial

Euro ticks up in Asia after fall on ECB chief comments

TOKYO: The euro struggled to recover against the dollar in Asia Friday after hitting a more than two-year low in New Yor

Published 07 Nov, 2014 04:07am

Financial

Won dips on currency war fears despite Asia FX rebound

SINGAPORE: South Korea's won hit a 14-month low on Thursday after a top official said the country will manage the cu

Published 06 Nov, 2014 12:49pm

Financial

Dollar rally slips in Asia afternoon trade

TOKYO: The dollar's surge against the yen lost steam in Asian afternoon trading on Thursday, after it hit a fresh se

Published 06 Nov, 2014 06:26am

Financial

Dollar keeps marching higher, Euro cowers as ECB looms

SYDNEY/TOKYO: The dollar kept marching higher on Thursday in anticipation of a strong US payrolls report, while the euro

Published 06 Nov, 2014 05:10am

Financial

Dollar surges to fresh seven-year high on yen in Asia

TOKYO: The dollar hit a fresh seven-year high above 115 yen on Thursday in Asia, following upbeat US jobs data and a Rep

Published 06 Nov, 2014 04:22am

Financial

Japan's Suga says will closely watch forex moves

TOKYO: Japan's top government spokesman said on Thursday he would refrain from commenting on the currency market but

Published 06 Nov, 2014 04:06am

Financial

Dollar tops 114 yen in Asia after US mid-term election results after BoJ-sparked rally slows

TOKYO: The dollar topped 114 yen on Wednesday afternoon in Asia, after results from US midterm elections showed that Dem

Published 05 Nov, 2014 01:31pm

Financial

Won leads losses to ascendant dollar; baht at 5-month low on dovish central bank

SINGAPORE: South Korea's won hit a nine-month low on Wednesday, leading slides in emerging Asian currencies, as the

Published 05 Nov, 2014 12:46pm

Financial

Sri Lanka rupee forwards slip on oil import bill demand

COLOMBO: Sri Lankan rupee forwards fell Wednesday on dollar demand from state banks to repay oil bills, with traders say

Published 05 Nov, 2014 08:45am

Financial

Australia & NZ shares slip as commodity prices fall, China data awaited

SYDNEY/WELLINGTON: Australian and New Zealand shares slipped on Wednesday with weaker iron ore, copper and oil prices dr

Published 05 Nov, 2014 06:55am

Financial

NZ dollar bounces on upbeat jobs news, A$ gains on yen

SYDNEY/WELLINGTON: The New Zealand dollar rallied for a second session on Wednesday as domestic jobs data showed an upbe

Published 05 Nov, 2014 06:50am

Financial

South Korean won edges up on short-covering, shares subdued on euro zone worries

SEOUL: The South Korean won pulled slightly away from a 7-month low on Wednesday as investors covered short positions af

Published 05 Nov, 2014 06:48am

Financial

China's yuan edges up on central bank guidance

HONG KONG: China's yuan edged up against the dollar on Wednesday, after the central bank snapped a four-day streak o

Published 05 Nov, 2014 06:46am

Financial

Dollar tops 114 yen in Asia after US mid-term election results after BoJ-sparked rally slows

TOKYO: The dollar topped 114 yen on Wednesday afternoon in Asia, after results from US midterm elections showed that Dem

Published 05 Nov, 2014 06:28am

Financial

Dollar steady in Asia after BoJ-driven rally fter BoJ-sparked rally slows

TOKYO: The dollar traded in a tight range on Wednesday in Asia, as weak US data hit sentiment and after investors locked

Published 05 Nov, 2014 05:52am

Financial

Sri Lankan rupee forwards gain on exporter dollar sales

COLOMBO: Sri Lankan rupee forwards gained on Monday on dollar selling by exporters and as inward remittances outpaced im

Published 03 Nov, 2014 08:52am

Financial

US dollar trades near seven-year high against yen

SINGAPORE: The US dollar traded near a seven-year high against the yen Monday after Japan's surprise decision last w

Published 03 Nov, 2014 06:19am

Financial

Indian rupee closes higher on foreign inflows, bucks weak Asia peers

MUMBAI: The Indian rupee shrugged off weakness in major Asian currencies to post a modest gain Friday on strong foreign

Published 31 Oct, 2014 01:03pm

Financial

Sri Lankan rupee forwards fall on importer dollar demand

COLOMBO: Sri Lankan rupee forwards fell slightly on Friday due to importer dollar demand, but moral suasion by the centr

Published 31 Oct, 2014 07:32am

Financial

Yen plunges to near seven-year low in Tokyo after BoJ easing

TOKYO: The yen plunged to a near seven-year low in Asia on Friday after the Bank of Japan said it would expand its alrea

Published 31 Oct, 2014 06:24am

Financial

Dollar underpinned by GDP, BOJ next in focus

SYDNEY: The dollar held at four-week highs against a basket of major currencies early on Friday, getting another boost f

Published 31 Oct, 2014 06:20am

Financial

Yen plunges to six-year low in Tokyo after BoJ easing

TOKYO: The yen plunged to a six-year low in Asia on Friday after the Bank of Japan said it would expand its already vast

Published 31 Oct, 2014 05:35am

Financial

China's yuan rises on corporate dollar sales, set to rise 0.5 pct in Oct

SHANGHAI: China's yuan edged higher against the dollar on Friday, buoyed by strong corporate dollar sales, traders s

Published 31 Oct, 2014 04:53am

Financial

Sri Lanka rupee edges up on remittances, exporter dollar sales

COLOMBO: The Sri Lankan rupee traded a tad firmer on Thursday due to inflows from remittances and exporter dollar sales

Published 30 Oct, 2014 09:05am

Financial

New Zealand dollar falls sharply after RBNZ statement

SYDNEY: The New Zealand dollar fell sharply on Thursday after the country's central bank was seen as sounding a bit

Published 30 Oct, 2014 07:26am

Financial

Dollar up in Asia on Fed's bullish tone

TOKYO: The dollar rose in Asia on Thursday as a slightly bullish turn by the US Federal Reserve fuelled hopes for an ear

Published 30 Oct, 2014 07:22am

Financial

Dollar hits 3-1/2 week high on Fed's hawkish tilt, economic optimism

TOKYO: The dollar stayed on the front foot on Thursday, setting a 3-1/2 week high against a basket of currencies after t

Published 30 Oct, 2014 06:47am

Financial

NZ dollar hit by dovish-sounding RBNZ, Aussie also pressured

WELLINGTON/SYDNEY: The New Zealand dollar suffered a double whammy on Thursday, as the Reserve Bank of New Zealand softe

Published 30 Oct, 2014 06:02am

Financial

Dollar stands tall on Fed's show of economic confidence

TOKYO: The dollar stayed on the front foot on Thursday, hovering near 3-1/2 week highs against a basket of currencies af

Published 30 Oct, 2014 05:53am

Financial

Australia shares rise, NZ stocks hit record high on upbeat outlook

SYDNEY/WELLINGTON: Australian and New Zealand shares rose around 0.3 percent on Thursday, underpinned by financials and

Published 30 Oct, 2014 05:50am

Financial

India rupee falls to 2-week low on Fed's US econ outlook

MUMBAI: The Indian rupee fell to a two-week low against the dollar on Thursday as the greenback posted gains after the U

Published 30 Oct, 2014 05:49am

Financial

China's yuan eases as dollar gains globally on Fed's hawkish tone

SHANGHAI: China's yuan fell against the dollar on Thursday after rising in the previous four trading sessions, track

Published 30 Oct, 2014 05:45am

Financial

Won leads Asia FX losses as Fed seen hawkish

SINGAPORE: Most emerging Asian currencies slid on Thursday as the Federal Reserve struck a more hawkish tone than expect

Published 30 Oct, 2014 05:39am

Financial

Dollar up in Asia on Fed's bullish tone

TOKYO: The dollar rose in Asia on Thursday as a slightly bullish turn by the US Federal Reserve fuelled hopes for an ear

Published 30 Oct, 2014 05:29am

Financial

Indian rupee ends a tad weaker ahead of Fed meet outcome

MUMBAI: The Indian rupee ended slightly weaker on Wednesday as caution prevailed ahead of the outcome of the U.S. Federa

Published 29 Oct, 2014 12:15pm

Financial

Rupiah leads Asia FX gains on Fed hopes; won's upside curbed

SINGAPORE: Indonesia's rupiah led gains among emerging Asian currencies on Wednesday, helped by expectations that th

Published 29 Oct, 2014 09:14am

Financial

Sri Lanka rupee slips; seen lower on rising imports

COLOMBO: The Sri Lankan rupee traded weaker on Wednesday on importer dollar demand while moral suasion by the central ba

Published 29 Oct, 2014 09:11am

Financial

Dollar steady in Asia as Fed meet wraps up

TOKYO: The dollar was steady in Asia on Wednesday as traders eye the outcome of a Federal Reserve policy meeting later i

Published 29 Oct, 2014 06:30am

Financial

China's yuan touches 7-1/2 month high on stronger midpoint

SHANGHAI: China's yuan climbed to a 7-1/2 month high against the dollar on Wednesday, appreciating for the third str

Published 29 Oct, 2014 05:36am

Financial

US dollar wary ahead of Fed, Swedish crown bruised after rate cut

SYDNEY: The US dollar was subdued early on Wednesday as investors waited for the latest guidance from the Federal Reserv

Published 29 Oct, 2014 04:17am

Financial

Australian & NZ dollars swept higher by carry trade demand

SYDNEY/WELLINGTON: The Australian and New Zealand dollars rose on Wednesday as calmer global markets and a rally in equi

Published 29 Oct, 2014 03:41am

Financial

Sri Lanka rupee slips; may fall further on rising imports

COLOMBO: The Sri Lankan rupee traded a tad weaker on Tuesday as dollar demand by importers surpassed selling of the gree

Published 28 Oct, 2014 09:33am

Financial

Indonesian rupiah nears selling point for foreign bond investors

JAKARTA: he gradually weakening Indonesian rupiah is fast closing in on levels that will force foreign holders of the co

Published 28 Oct, 2014 06:46am

Financial

Australia & NZ dollars hold firm, cautious ahead of c.bank meetings

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held firm on Tuesday with investors cautious of taking large b

Published 28 Oct, 2014 05:37am

Financial

Dollar struggles as soft data push yields lower, Fed awaited

SYDNEY/TOKYO: The US dollar nursed modest losses on Tuesday, having slipped overnight after soft economic data tempered

Published 28 Oct, 2014 04:52am

Financial

Dollar steady in Asia before Fed meeting

TOKYO: The dollar held steady in Asia on Tuesday before the US Federal Reserve starts a two-day policy meeting that is e

Published 28 Oct, 2014 03:49am

Financial

Sri Lanka rupee steady; seen falling

COLOMBO: The Sri Lankan rupee ended little changed on Monday as dollar selling by banks to cover short positions offset

Published 27 Oct, 2014 11:52am

Financial

India rupee ends little changed; sentiment stays positive

MUMBAI: The Indian rupee closed little changed on Monday as improved sentiment from upbeat U.S. data and smaller-than-fe

Published 27 Oct, 2014 11:51am

Financial

Dollar index to approach resistance at 87.155

SINGAPORE: The dollar index may approach a resistance at 87.155 this week, as it has found a strong support at 84.392.Th

Published 27 Oct, 2014 10:02am

Financial

Sri Lanka rupee firmer on bank dollar sales; seen falling

COLOMBO: The Sri Lankan rupee traded a tad firmer on Monday as banks sold dollars to cover short positions, but the mark

Published 27 Oct, 2014 08:52am

Financial

Australian dollar buoyed by improving sentiment & carry trades

SYDNEY: The Australian and New Zealand dollars rose on Monday, buoyed by improving sentiment following strong earnings r

Published 27 Oct, 2014 07:31am

Financial

Euro comes safely through ECB stress test, Aussie up

TOKYO: The euro held firm on Monday after the European Central Bank's stress tests found smaller capital shortfalls

Published 27 Oct, 2014 06:58am

Financial

Euro rises on relief over ECB health test

TOKYO: The euro firmed against other major currencies in Asia on Monday after the European Central Bank gave a large maj

Published 27 Oct, 2014 03:47am

Financial

New York Ebola case pares Asia FX weekly gains

SINGAPORE: Most emerging Asian currencies eased on Friday, paring some of their weekly gains, as risk sentiment weakened

Published 24 Oct, 2014 01:40pm

Financial

Sri Lanka rupee forwards slip on importer dollar demand pre-budget

COLOMBO: Sri Lankan rupee forwards weakened slightly as importers' dollar demand and banks' short-covering weigh

Published 24 Oct, 2014 06:49am

Financial

Dollar rally fizzles in Asia

TOKYO: The dollar edged down against the yen in Asia on Friday after rallying on good economic data, with a first confir

Published 24 Oct, 2014 06:32am

Financial

New York Ebola scare keeps Aussie & kiwi dlrs on the backfoot

SYDNEY/WELLINGTON: The Australian and New Zealand dollars looked set to end the week on a sour note after a report that

Published 24 Oct, 2014 06:17am

Financial

Sri Lanka rupee forwards steady despite importer dollar demand; budget awaited

COLOMBO: Sri Lankan rupee forwards traded steady on Thursday despite dollar demand from importers as the central bank&#3

Published 23 Oct, 2014 07:22am

Financial

Dollar firms in Asia after US inflation rise

TOKYO: The dollar firmed in Asia on Thursday after an unexpected rise in US inflation, while the euro struggled to recov

Published 23 Oct, 2014 05:46am

Financial

Euro rebounds in Asia after drop on ECB easing plan reports

TOKYO: The euro rebounded modestly in Asia on Wednesday after it dropped in New York on reports that the European Centra

Published 22 Oct, 2014 07:09am

Financial

Euro flat in Asia after drop on ECB easing plan reports

TOKYO: The euro held steady in Asia on Wednesday after it dropped in New York on reports that the European Central Bank

Published 22 Oct, 2014 04:58am

Financial

Dollar eases in Asia after weak China data

TOKYO: The dollar slipped in Asia on Tuesday as weak Chinese growth data rekindled concerns about the global economy.In

Published 21 Oct, 2014 06:11am

Financial

China's yuan touches 7-month high after better-than-expected Q3 growth

SHANGHAI: China's yuan rose against the dollar on Tuesday, matching a seven-month high of 6.1209 reached last week r

Published 21 Oct, 2014 05:47am

Financial

Aussie edges higher after China GDP; dollar slips vs yen

SINGAPORE: The Australian dollar edged higher on Tuesday after China's third-quarter economic growth slightly exceed

Published 21 Oct, 2014 05:43am

Financial

Australian & NZ dollers gains, focus turns to China data

SYDNEY/WELLINGTON: The Australian and New Zealand dollars stood firm on Tuesday, underpinned by a stabilisation in commo

Published 21 Oct, 2014 04:15am

Financial

Dollar steady as currency majors brace for China data

TOKYO: The US dollar started on a steady footing on Tuesday, as foreign exchange markets braced for a batch of Chinese e

Published 21 Oct, 2014 04:14am

Financial

Australian dollar jumps after China GDP data beats forecasts

SYDNEY: The Australian dollar jumped a quarter of a US cent after Chinese economic growth data was slightly above expect

Published 21 Oct, 2014 03:41am

Financial

India rupee gains for second day; election results cheer

MUMBAI: The Indian rupee gained for a second consecutive session on Monday after the ruling party's success in two s

Published 20 Oct, 2014 12:12pm

Financial

Sri Lanka rupee forwards slip on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended weaker on Monday due to importer dollar demand, while the spot rupee was not tr

Published 20 Oct, 2014 12:11pm

Financial

Sri Lanka rupee forwards edge down on importer dollar demand

COLOMBO: Sri Lankan rupee forwards weakened on Monday due to importer dollar demand, while the spot rupee was untraded,

Published 20 Oct, 2014 08:01am

Financial

Dollar up in Asia as stock markets rally

TOKYO: The dollar strengthened against the euro and yen in Asia on Monday, in line with a regional equities rally after

Published 20 Oct, 2014 06:38am

Financial

Australia & NZ dollars perk up as sentiment improves, data in focus

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were modestly higher on Monday, as they drew support from a mo

Published 20 Oct, 2014 04:43am

Financial

Dollar up as equities surge, yields rise on upbeat data

TOKYO: The dollar gained on Monday after upbeat data restored some calm to the financial markets, prompting equities to

Published 20 Oct, 2014 04:23am

Financial

China's yuan remains nearly flat as ruling party meeting opens

SHANGHAI: China's yuan was little changed on Monday as the central committee of the ruling party began a four-day pl

Published 20 Oct, 2014 04:18am

Financial

Rupiah at 3-week high as Indonesia gets new president; Asia FX gains

SINGAPORE: The Indonesia rupiah led gains among emerging Asian currencies on Monday, hitting a three-week peak on higher

Published 20 Oct, 2014 04:18am

Financial

Indian rupee gains on rise in shares, robust US data

MUMBAI: The Indian rupee gained on Friday as a rise in local shares along with positive US unemployment and industrial o

Published 17 Oct, 2014 05:11pm

Financial

Sri Lanka rupee forwards end tad weaker on importer dollar demand

COLOMBO: Sri Lankan rupee forwards ended slightly weaker on Friday on importer dollar demand while the spot rupee was no

Published 17 Oct, 2014 05:08pm

Financial

Yen ticks up in Asia on global economy jitters

TOKYO: The yen edged higher in Asia on Friday, wiping out early losses, as ongoing worries about the global economy offs

Published 17 Oct, 2014 01:26pm

Financial

NZ dollar falls briefly on RBNZ statement, rebounds

WELLINGTON: The New Zealand dollar briefly slipped to a session low on Friday, but quickly recouped its losses amid mark

Published 17 Oct, 2014 09:54am

Financial

Australia & NZ dollars subdued, but outperform USD on week

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were subdued on Friday, but on track to post their best weekly

Published 17 Oct, 2014 08:29am

Financial

Sri Lanka rupee forwards edge up on mild dollar buying

COLOMBO: Sri Lankan rupee forwards traded a tad firmer on Thursday as tepid dollar purchases and mild exporter conversio

Published 16 Oct, 2014 08:30am

Financial

Dollar under pressure in Asia after US sell-off

TOKYO: The dollar struggled against the yen in Asia on Thursday after tumbling in New York trade in response to a weak b

Published 16 Oct, 2014 07:45am

Financial

China's yuan hits seven-month high on strong midpoint

SHANGHAI: China's yuan edged up against dollar on Thursday, buoyed by a strong midpoint fixing by the central bank a

Published 16 Oct, 2014 05:59am

Financial

Dollar sharply lower after weak data raises growth fears

TOKYO: The dollar was sharply lower on Thursday, its appeal deeply dented after poor US data sparked growth concerns tha

Published 16 Oct, 2014 04:43am

Financial

China's yuan trades at 6.1209 per dollar, highest since March

SHANGHAI: China's yuan traded at its strongest level at 6.1209 per dollar since early March on Thursday, continuing

Published 16 Oct, 2014 04:27am

Financial

Australia & NZ dollars prove resilient to equity sell-off

SYDNEY/WELLINGTON: The Australian and New Zealand dollars dipped modestly on Thursday, proving resilient to a sharp fall

Published 16 Oct, 2014 04:24am

Financial

Dollar down sharply as yields plunge on growth fears

TOKYO: The dollar was sharply lower on Thursday, its appeal deeply dented after poor US data added to growth concerns th

Published 16 Oct, 2014 04:08am

Financial

Dollar under pressure in Asia after US sell-off

TOKYO: The dollar struggled against the yen in Asia on Thursday after tumbling in New York trade in response to a weak b

Published 16 Oct, 2014 03:53am

Financial

Australian & NZ dollars unable to keep gains, brace for China data

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were unable to keep hard-won gains on Wednesday as global defl

Published 15 Oct, 2014 09:57am

Financial

Poor German data hits euro in Asia

TOKYO: The euro slipped in Asia on Wednesday after more gloomy data out of Germany exacerbated worries about Europe'

Published 15 Oct, 2014 06:23am

Financial

Indian rupee marks lowest close in over 1 week; dollar rebounds

MUMBAI: The Indian rupee slumped on Tuesday, retreating from a nearly three-week high hit earlier in the day as growing

Published 14 Oct, 2014 01:30pm

Financial

Sri Lankan rupee falls on importer dollar demand, foreign bond sales

COLOMBO: The Sri Lankan rupee fell on Tuesday due to importer dollar demand in late trade and as foreign investors sold

Published 14 Oct, 2014 01:26pm

Financial

Dollar probes lows on risk aversion, dovish rate hike outlook

TOKYO: The dollar probed recent lows on Tuesday as risk aversion amid the fall in global equities favoured peers such as

Published 14 Oct, 2014 05:48am

Financial

Australian dollar still high vs fundamentals

SYDNEY: Despite the recent fall in the Australian dollar, it remains "higher than most conventional estimates of fundame

Published 14 Oct, 2014 05:28am

Financial

China's yuan hits highest level since March on central bank guidance

SHANGHAI: China's yuan rose to a seven-month high against the dollar on Tuesday, buoyed by a stronger central bank m

Published 14 Oct, 2014 04:46am

Financial

Australian & NZ dollers edge up in choppy trade

SYDNEY: The Australian and New Zealand dollars rose in choppy trade on Tuesday, proving resilient to a sharp sell off in

Published 14 Oct, 2014 04:45am

Financial

Dollar edges up, risk aversion, dovish rate hike outlook weigh

TOKYO: The dollar rebounded modestly against the yen and euro on Tuesday following steep falls overnight, although risk

Published 14 Oct, 2014 04:04am

Financial

Sri Lanka rupee weaker due to equity outflows, importer demand

COLOMBO: The Sri Lanka rupee ended weaker on Monday due to dollar demand for stock-related outflows and from importers,

Published 13 Oct, 2014 12:47pm

Financial

Indian rupee gains on positive China trade data

MUMBAI: The Indian rupee started the week on a winning note after stronger-than-expected China trade data lifted risk ap

Published 13 Oct, 2014 12:42pm

Financial

Yen up against dollar in Asia on global growth fears

SINGAPORE: The yen rose against the dollar in Asia Monday as concerns over the global economy sent traders fleeing to sa

Published 13 Oct, 2014 06:32am

Financial

Dollar slips vs yen as global growth worries hit risk appetites

SINGAPORE: The dollar fell to a one-month low against the yen on Monday, as heightened worries about the health of the g

Published 13 Oct, 2014 06:12am

Financial

Yen rises as global growth woes hit risk sentiment

SINGAPORE: The yen scaled a one-month high against the dollar on Monday, as heightened worries about the health of the g

Published 13 Oct, 2014 05:03am

Financial

Australian dollar hit by growth woes, yen buying; kiwi recovers slightly

SYDNEY/WELLINGTON: The Australian dollar hovered near four-year lows on Monday as global growth concerns encouraged inve

Published 13 Oct, 2014 05:01am

Financial

China's yuan rises on strong trade data, central bank midpoint

SHANGHAI: China's yuan firmed against the dollar on Monday, posting a nearly two-week high, after China released bet

Published 13 Oct, 2014 04:27am

Financial

Global growth concerns trim Asia FX weekly gains

SEOUL: Most emerging Asian currencies fell on Friday, paring their gains for the week, as worries about a slowing global

Published 10 Oct, 2014 12:47pm

Financial

Sri Lankan rupee weaker on imports; suspected central bank move caps fall

COLOMBO: The Sri Lankan rupee ended weaker on Friday due to dollar demand from importers and banks, while dealers said t

Published 10 Oct, 2014 11:50am

Financial

Yen rises on global economy worries

TOKYO: The yen picked up strength in Asia on Friday as dealers sought out safer bets after poor German data and an IMF w

Published 10 Oct, 2014 07:47am

Financial

Yen rises on global economy worries

TOKYO: The yen picked up strength in Asia on Friday as dealers sought out safer bets after poor German data and an IMF w

Published 10 Oct, 2014 06:50am

Financial

Sri Lankan rupee falls slightly on dollar demand from foreign bond sellers

COLOMBO: The Sri Lankan rupee ended a tad weaker on Thursday due to dollar demand from foreign bond sellers and importer

Published 09 Oct, 2014 12:02pm

Financial

India rupee sees biggest single-day gain in nearly 2 months

MUMBAI: The Indian rupee posted its biggest single-day gain in nearly two months on Thursday, after hitting the highest

Published 09 Oct, 2014 11:58am

Financial

Ringgit near 3 week high ahead of budget, Asia FX up on dovish Fed

SEOUL: The Malaysian ringgit hit a near three-week high on Thursday ahead of the country's budget for 2015, leading

Published 09 Oct, 2014 09:01am

Financial

Sri Lankan rupee tad weaker on foreign bond sales, imports

COLOMBO: The Sri Lankan rupee traded weaker on Thursday due to dollar demand from foreign bond sellers and importers, de

Published 09 Oct, 2014 07:47am

Financial

Aussie climbs, brushing off weak Australian jobs reading

WELLINGTON: The Australian dollar edged up on Thursday, boosted by broad selling in the US dollar and as investors ultim

Published 09 Oct, 2014 06:37am

Financial

China's yuan rises for 2nd day on stronger midpoint

HONG KONG: China's yuan rose for a second consecutive day against the dollar on Thursday, after the central bank set

Published 09 Oct, 2014 06:31am

Financial

Dollar hits fresh 2-week low in wake of dovish Fed minutes

SYDNEY/SINGAPORE: The dollar hit a two-week low versus a basket of currencies on Thursday, after minutes from the US Fed

Published 09 Oct, 2014 06:15am

Financial

Dollar pressured in Asia after Fed minutes

TOKYO: The dollar struggled in Asia on Thursday following the release of minutes from the Federal Reserve's Septembe

Published 09 Oct, 2014 04:26am

Financial

Indian rupee gains for third session on debt-related dollar inflows

MUMBAI: The Indian rupee gained for a third straight session on Wednesday, largely on the back of heavy foreign fund buy

Published 08 Oct, 2014 12:03pm

Financial

Australian & NZ dollars slip, jobs data eyed

SYDNEY/WELLINGTON: The Australian and New Zealand dollars drifted lower on Wednesday, trimming overnight gains in an abs

Published 08 Oct, 2014 08:03am

Financial

Yen rallies broadly as global growth woes sap risk appetite

SYDNEY/TOKYO: The safe-haven yen stood tall on Wednesday, having risen broadly as risk appetite waned in the wake of a p

Published 08 Oct, 2014 08:01am

Financial

Dollar edges up as BOJ's Kuroda endorses benefits of weak yen

TOKYO: The dollar rebounded against the yen on Friday from steep losses overnight, lifted by bargain hunting and comment

Published 03 Oct, 2014 01:11pm

Financial

Sri Lankan rupee gains, central bank starts OMOs

COLOMBO: The Sri Lankan rupee gained against the dollar on Friday after the central bank resumed open market operations

Published 03 Oct, 2014 12:51pm

Financial

Asian currencies mixed, focus on coming US jobs data

SINGAPORE: Asian currencies were mixed on Friday, with their near-term fortunes seen hinging on whether US jobs data com

Published 03 Oct, 2014 12:50pm

Financial

Dollar edges up in Asia ahead of US jobs data

TOKYO: The dollar rebounded slightly against the yen in Asian trade Friday after tumbling from a six-year high, as inves

Published 03 Oct, 2014 05:08am

Financial

Dollar slips further in Asia after US data

TOKYO: The dollar lost more ground in Asia on Thursday after tumbling in New York following weak US and European data th

Published 02 Oct, 2014 06:17am

Financial

Australian & NZ dollars clamber off lows on short squeeze

SYDNEY: The Australian dollar clawed its way off eight-month lows on Thursday after an attempt on the downside fizzled o

Published 02 Oct, 2014 06:06am

Financial

NZ dollar bounds higher against weaker greenback

WELLINGTON: The New Zealand dollar bounded towards a one-week high against the US dollar, which was hit by broad based s

Published 02 Oct, 2014 05:28am

Financial

Dollar slips further in Asia after US data

TOKYO: The dollar lost more ground in Asia on Thursday after tumbling in New York following weak US and European data th

Published 02 Oct, 2014 05:02am

Financial

Indian rupee rebounds from 7-month low ahead of holidays

MUMBAI: The Indian rupee rose on Wednesday, rebounding from a seven-month low touched earlier in the session as investor

Published 01 Oct, 2014 02:45pm

Financial

Sri Lanka rupee forwards end up on exporter dollar sales

COLOMBO: Sri Lankan rupee forwards recovered on Wednesday due to exporter dollar sales after falling in early trade due

Published 01 Oct, 2014 02:15pm

Financial

Euro to fall on further stimulus - could still be above ECB comfort

BANGALORE: The euro will weaken further over the coming year, according to analysts polled by Reuters, who said the poss

Published 01 Oct, 2014 01:56pm

Financial

Australian dollar stung by soft retail data, weighs on NZ dollar

WELLINGTON: The Australian dollar was pulled closer to this year's trough on Wednesday following a surprisingly weak

Published 01 Oct, 2014 04:27am

Financial

Dollar breaks 110 yen for first time in six years

TOKYO: The dollar broke the 110 yen barrier for the first time in more than six years on Wednesday, following a string o

Published 01 Oct, 2014 04:24am

Financial

Dollar breaks 110 yen for first time in six years

TOKYO: The dollar broke the 110 yen barrier for the first time in more than six years on Wednesday, following a string o

Published 01 Oct, 2014 03:54am

Financial

Sri Lanka rupee weaker on stock-related outflows, seen falling further

COLOMBO: The Sri Lankan rupee was weaker on Tuesday due to equity-related outflows and selling of government securities,

Published 30 Sep, 2014 01:05pm

Financial

Most Asian currencies set for monthly loss, rupiah hits 8-month low

SINGAPORE: The Indonesian rupiah hit its lowest level in nearly eight months on Tuesday and most Asian currencies were s

Published 30 Sep, 2014 12:54pm

Financial

China's yuan rebounds, offshore investors wary of Hong Kong unrest

HONG KONG/SHANGHAI: China's yuan rebounded slightly against the dollar on Tuesday, but trading kept to a tight range

Published 30 Sep, 2014 05:40am

Financial

Dollar slips but set to end September with solid gains

TOKYO/SYDNEY: The dollar took a breather on Tuesday from its recent rally but was still not far from four-year peak agai

Published 30 Sep, 2014 05:36am

Financial

Dollar set to cap off September with solid gains, HK unrest eyed

SYDNEY: The dollar hovered at a four-year peak against a basket of major currencies early on Tuesday, on track to post i

Published 30 Sep, 2014 04:40am

Financial

Dollar eases ahead of data release, eyes on Hong Kong

TOKYO: The dollar dipped in Asian trade Tuesday after enjoying a recent rally, with investors awaiting the release of ke

Published 30 Sep, 2014 04:10am

Financial

Indonesia's central bank intervenes in market to stem volatility in rupiah

JAKARTA: Indonesia's central bank said on Monday it intervened in the foreign exchange market by injecting dollars t

Published 29 Sep, 2014 01:29pm

Financial

Indian rupee falls as dollar surges against Asia FX

MUMBAI: The Indian rupee fell on Monday in a volatile session after an upward revision in US quarterly growth data raise

Published 29 Sep, 2014 01:28pm

Financial

Dollar hits highs vs euro, yen; Kiwi, HK dollar skid

TOKYO: The dollar touched a fresh four-year high against a basket of currencies and a six-year peak against the yen on M

Published 29 Sep, 2014 07:49am

Financial

Sri Lanka rupee steady on moderate bond sales by foreign investors

COLOMBO: The Sri Lankan rupee traded flat on Monday despite foreign investors extending their selling spree of governmen

Published 29 Sep, 2014 07:41am

Financial

Dollar pushes towards 110 yen in Asia

TOKYO: The dollar rose Monday after data showed the US economy grew more than first thought in April-June, while it hit

Published 29 Sep, 2014 06:42am

Financial

Dollar holds at lofty levels, HK dollar hit by pro-democracy protests

TOKYO: The dollar started the week close to a six-year peak against the yen and touched a fresh four-year high against a

Published 29 Sep, 2014 06:30am

Financial

South Korean won hits 5-1/2 month low as dollar rides on U.S data; shares flat

SEOUL: The South Korean won fell to a 5-1/2 month low against the dollar on Monday, as the greenback surged on data poin

Published 29 Sep, 2014 06:12am

Financial

NZ dollar slides, drags Australia dollar to 8-month lows

SYDNEY/WELLINGTON: The New Zealand dollar hit a fresh one-year trough on Monday after New Zealand Prime Minister John Ke

Published 29 Sep, 2014 06:05am

Financial

China's yuan drops, Hong Kong unrest hurts sentiment offshore

HONG KONG/SHANGHAI: Investors' nervousness over clashes between police and pro-democracy protesters in Hong Kong for

Published 29 Sep, 2014 05:49am

Financial

Dollar holds at lofty levels vs euro, yen; HK dollar shaken by protests

TOKYO: The dollar touched a fresh four-year high against a basket of currencies and started the week close to a six-year

Published 29 Sep, 2014 05:31am

Financial

Rupiah hits 7-month low; HK dollar slips on political unrest

SINGAPORE: The Indonesian rupiah hit a seven-month low on Monday on worries about political uncertainty and in response

Published 29 Sep, 2014 05:26am

Financial

Dollar higher in Asia

TOKYO: The dollar advanced in Asian trade on Monday after data showed the US economy growing more than first thought in

Published 29 Sep, 2014 03:56am

Financial

China's yuan rises to highest in more than six months

HONG KONG: China's yuan rose to its highest in more than six months in afternoon trade on Friday. The spot yuan hit

Published 26 Sep, 2014 12:44pm

Financial

Rupiah to post longest weekly losing streak in 15 months, Asia FX weak

SINGAPORE: Indonesia's rupiah fell past the psychologically important 12,000-per-dollar level on Friday, hurt by pol

Published 26 Sep, 2014 12:38pm

Financial

Dollar takes a breather in Asia

TOKYO: The dollar took a breather in Asia on Friday after hitting a near two-year high against the euro in New York as t

Published 26 Sep, 2014 08:22am

Financial

Sri Lanka rupee ends weaker on importer dollar demand, cbank repo move

COLOMBO: The Sri Lankan rupee ended weaker on Thursday due to importer dollar demand, even as dealers turned cautious on

Published 25 Sep, 2014 11:53am

Financial

China's yuan steady, central bank sets midpoint at two-week low

HONG KONG: China's yuan held steady against the dollar on Thursday though the central bank set the lowest official m

Published 25 Sep, 2014 08:00am

Financial

Euro wilts after Draghi says ready for further steps

SYDNEY: The euro languished at 14-month lows in Asia on Thursday after reported remarks from European Central Bank Presi

Published 25 Sep, 2014 07:43am

Financial

Dollar jumps in Asia on upbeat US housing data

TOKYO: The dollar climbed in Asia on Thursday thanks to strong US housing data while the euro took a hit following anoth

Published 25 Sep, 2014 06:31am

Financial

Sri Lanka rupee recovers from near 4-month low on banks' dollar sales

COLOMBO: The Sri Lankan rupee ended slightly firmer on Wednesday, recovering from the previous day's near four-month

Published 24 Sep, 2014 12:00pm

Financial

Indian rupee hits 1-week low on coal ruling, then recovers

MUMBAI: The Indian rupee fell to its weakest in nearly a week after the cancellation of coal blocks allocated to compani

Published 24 Sep, 2014 11:58am

Financial

NZ dollar hits 1-year lows, Aussie pinned near 7-month trough

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were deep under water on Wednesday as jitters over global grow

Published 24 Sep, 2014 06:45am

Financial

China's yuan edges up on central bank guidance

HONG KONG: China's yuan edged up against the dollar on Wednesday after the central bank set a slightly stronger offi

Published 24 Sep, 2014 06:08am

Financial

Yen firmer after Japan PM Abe's remarks; dollar pauses from rally

SINGAPORE/TOKYO: The yen edged higher on Wednesday after Japanese Prime Minister Shinzo Abe reportedly voiced concern ab

Published 24 Sep, 2014 05:59am

Financial

Yen up in Asia after US-led Syria strikes

TOKYO: The yen picked up in Asia on Wednesday as US-led strikes on militants in Syria and a survey showing further weakn

Published 24 Sep, 2014 04:50am

Financial

Indian rupee ends lower as shares slump, caution grows

MUMBAI: The Indian rupee fell the most among emerging market peers on Tuesday as shares slumped after weak global manufa

Published 23 Sep, 2014 12:26pm

Financial

Sri Lanka rupee ends near 4-month low on importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker on Tuesday at a near four-month low on importer dollar demand after

Published 23 Sep, 2014 12:23pm

Financial

Sri Lanka rupee steady; forwards seen falling after rate decision

COLOMBO: The Sri Lankan rupee traded steady on Tuesday as importer dollar demand offset inward remittances and exporter

Published 23 Sep, 2014 07:52am

Financial

Australia & NZ dollars struggle near 7 month lows as China underwhelms

WELLINGTON/SYDNEY: The Australian and New Zealand dollars struggled near seven-month lows on Tuesday after tumbling comm

Published 23 Sep, 2014 05:35am

Financial

China's yuan steady, better-than-expected PMI survey no impact

HONG KONG: China's yuan was little changed against the dollar on Tuesday after the central bank set a very marginall

Published 23 Sep, 2014 05:34am

Financial

Dollar rally pauses; Aussie edges up after flash China PMI

SINGAPORE/SYDNEY: The dollar hovered just below a four-year peak against a basket of major currencies on Tuesday as the

Published 23 Sep, 2014 05:13am

Financial

Dollar down after 10-week rally, euro gains capped

SINGAPORE: The dollar slipped in Asia Tuesday following a 10-week rally, while gains in the euro were capped by concerns

Published 23 Sep, 2014 03:51am

Financial

Indian rupee ends little changed; China PMI in focus

MUMBAI: The Indian rupee ended little changed on Monday after gaining in each of the previous four sessions as investors

Published 22 Sep, 2014 11:53am

Financial

Dollar index faces resistance zone of 84.753-84.935

SINGAPORE: The dollar index faces a resistance zone of 84.753-84.935 and may either hover around this range or retrace t

Published 22 Sep, 2014 09:04am

Financial

Sri Lanka rupee steady on dull trade; seen flat until 2015 budget

COLOMBO: The Sri Lankan rupee traded steady on Monday as inward remittances and exporter dollar conversions helped offse

Published 22 Sep, 2014 07:01am

Financial

High-flying dollar slips in Asia

TOKYO: The dollar retreated in Asia on Monday after surging last week on hints by the US Federal Reserve of higher than

Published 22 Sep, 2014 06:59am

Financial

Won leads Asia FX gains after S&P raises South Korea rating outlook

SINGAPORE: South Korea's won led gains among emerging Asian currencies on Monday as investors cut dollar holdings on

Published 22 Sep, 2014 06:07am

Financial

Dollar well bid on Fed outlook, no G20 reprieve for yen

TOKYO: The dollar hovered near a two-year high against a basket of currencies on Monday, underpinned by expectations the

Published 22 Sep, 2014 05:02am

Financial

Australian dollar hurt by commodities, NZ dollar finds post-election respite

WELLINGTON/SYDNEY: The Australian dollar plumbed a six-month trough on Monday, weighed by falling commodity and stock pr

Published 22 Sep, 2014 05:01am

Financial

Asia FX down for week, ringgit at 4-month low as rates held

SINGAPORE: Most emerging Asian currencies fell for the week after the US Federal Reserve published its rate hike outlook

Published 19 Sep, 2014 08:51am

Financial

Sterling firms as early results go against Scottish independence

TOKYO: Sterling rose to a two-week high against the US dollar and two-year peak against the euro on Friday, taking comfo

Published 19 Sep, 2014 06:12am

Financial

Aussie, kiwi slide vs sterling on early Scottish vote results

WELLINGTON: The Australian and New Zealand dollars plumbed multi-month lows versus sterling on Friday, knocked by the UK

Published 19 Sep, 2014 06:07am

Financial

China's yuan rises on midpoint, seen moving between 6.13-15 in near term

SHANGHAI: China's yuan firmed against the dollar on Friday after the central bank set a marginally stronger midpoint

Published 19 Sep, 2014 05:45am

Financial

Sri Lanka rupee ends steady amid importer dlr demand; central bank caps fall

COLOMBO: The Sri Lankan rupee closed steady on Thursday despite sustained importer dollar demand as moral suasion by the

Published 18 Sep, 2014 03:55pm

Financial

Indian rupee ducks Asia FX falls to end higher after Fed meet

MUMBAI: The Indian rupee gained on Thursday tracking a rally in domestic shares on hopes the country would retain its ap

Published 18 Sep, 2014 12:08pm

Financial

Dollar surges to 6 year peak on yen, Tokyo stocks cheer

SYDNEY: Japanese shares jumped on Thursday after the dollar vaulted to a six-year peak on the yen as the Federal Reserve

Published 18 Sep, 2014 06:50am

Financial

Australia & NZ dollars hit multi-month lows after Fed statement

SYDNEY/WELLINGTON: The Australian and New Zealand dollars skidded to multi-month lows on Thursday as the Federal Reserve

Published 18 Sep, 2014 06:20am

Financial

China money market rates drop, traders suspect large cash injection

SHANGHAI: China's money market rates fell on Thursday, with improving liquidity seen in the financial system after r

Published 18 Sep, 2014 06:11am

Financial

China's yuan falls on weaker midpoint, market confidence weakens

SHANGHAI: China's yuan weakened against the dollar on Thursday after the central bank set a weaker official rate, wi

Published 18 Sep, 2014 06:01am

Financial

Asia FX rattled by Fed rates view; ringgit at 4 month low before rate meet

SINGAPORE: Emerging Asian currencies dropped on Thursday as the US Federal Reserve's outlook for rising rates stoked

Published 18 Sep, 2014 05:54am

Financial

Weak yen fails to boost exports as Japan logs trade deficit

TOKYO: Japan on Thursday posted its 26th consecutive monthly trade deficit, as a sharply weaker yen failed to lift expor

Published 18 Sep, 2014 05:35am

Financial

Dollar up in Asia after Fed meeting

TOKYO: The dollar rose against most currencies in Asia Thursday after the US Federal Reserve hinted interest rates could

Published 18 Sep, 2014 05:27am

Financial

Sri Lanka rupee ends firmer on moral suasion; forwards pick up

COLOMBO: The Sri Lankan rupee ended a tad firmer on Wednesday as moral suasion by the central bank averted a further fal

Published 17 Sep, 2014 12:27pm

Financial

Indian rupee gains for second straight session on Fed rate hopes

MUMBAI: The Indian rupee gained for a second consecutive session on Wednesday, tracking other Asian currencies, on expec

Published 17 Sep, 2014 12:26pm

Financial

Sri Lanka rupee trades steady on central bank's moral suasion

COLOMBO: The Sri Lankan rupee was little changed on Wednesday as moral suasion by the central bank averted a fall amid s

Published 17 Sep, 2014 08:13am

Financial

Dollar holds firm ahead of Fed meeting

TOKYO: The dollar held steady in Asia on Wednesday as investors await the outcome of a US Federal Reserve meeting later

Published 17 Sep, 2014 05:41am

Financial

Dollar on edge as Fed language eyed, Aussie surges

SYDNEY: The US dollar nursed modest losses early on Wednesday, having suffered an unexpected setback as jitters mounted

Published 17 Sep, 2014 05:21am

Financial

Australian & NZ dollars lifted by swings in Fed speculation

SYDNEY/WELLINGTON: The Australian and New Zealand dollars regained some ground on Wednesday on speculation the US Federa

Published 17 Sep, 2014 04:48am

Financial

China's yuan inches up on central bank's guidance

SHANGHAI: China's yuan firmed slightly against the dollar on Wednesday after the central bank set the guidance rate

Published 17 Sep, 2014 04:38am

Financial

Dollar holds firm ahead of Fed meeting

TOKYO: The dollar held its own against other currencies in Asia on Wednesday as investors wait for the outcome of a US F

Published 17 Sep, 2014 03:18am

Financial

Dollar firms in Asia before Fed policy meeting

TOKYO: The dollar picked up in Asia on Tuesday ahead of a US central bank policy meeting, with investors looking for sig

Published 16 Sep, 2014 02:16pm

Financial

Taiwan dollar, Philippine peso at around 4-month lows on Fed caution

SINGAPORE: The Taiwan dollar and the Philippine peso fell to around four-month lows on Tuesday as caution prevailed over

Published 16 Sep, 2014 01:10pm

Financial

Aussie back under pressure, Swedish crown recovers

LONDON: A renewed drop in the Australian dollar was the main move on major currency markets on Tuesday, with the dollar,

Published 16 Sep, 2014 12:03pm

Financial

Indian rupee gains ahead of Fed meet

MUMBAI: The Indian rupee recovered on Tuesday from a one-month low hit in the previous session on bargain-hunting, but s

Published 16 Sep, 2014 11:53am

Financial

Australia & NZ dollars bounce off multi-month lows, but vulnerable

WELLINGTON/SYDNEY: The Australian and New Zealand dollars rebounded from multi-month lows on Tuesday after recent sharp

Published 16 Sep, 2014 05:54am

Financial

China's yuan edges down on weak midpoint and FDI data

SHANGHAI: China's yuan softened against the dollar on Tuesday for the fourth straight day after the central bank set

Published 16 Sep, 2014 05:44am

Financial

Dollar eases in Asia before Fed policy meeting

TOKYO: The dollar gave up some of its recent gains in Asia on Tuesday as investor caution set in ahead of a US central b

Published 16 Sep, 2014 05:17am

Financial

Sri Lanka rupee ends firmer on exporter dollar sales, remittances

COLOMBO: The Sri Lankan rupee ended firmer on Monday, recovering from the previous session's near-7-week low as remi

Published 15 Sep, 2014 03:30pm

Financial

Ringgit leads Asia FX losses on China economic woes, Fed caution

SINGAPORE: Emerging Asian currencies fell on Monday, led by the Malaysian ringgit, as disappointing China data sparked c

Published 15 Sep, 2014 09:32am

Financial

Sri Lanka rupee firmer on exporter dollar sales, remittances; stocks slip

COLOMBO: The Sri Lankan rupee traded firmer on Monday, recovering from the previous session's near-7-week low as rem

Published 15 Sep, 2014 08:26am

Financial

Dollar steady ahead of US Federal Reserve meeting

SINGAPORE: The US dollar was steady in Asia Monday on speculation that the Federal Reserve will bring forward its timeta

Published 15 Sep, 2014 06:44am

Financial

Australia & NZ dollars hit multi-month lows on China worries

WELLINGTON/SYDNEY: The Australian and New Zealand dollars slipped to multi-month lows on Monday after a set of disappoin

Published 15 Sep, 2014 06:31am

Financial

South Korean won hits 5 month low on Fed rate bet

SEOUL: The South Korean won fell to a fresh 5-month low on Monday as speculators added long dollar bets amid growing sig

Published 15 Sep, 2014 06:25am

Financial

China's yuan falls vs dollar on weaker-than-expected factory data

SHANGHAI: China's yuan weakened against the dollar on Monday as growth fears deepened after the release of China&#39

Published 15 Sep, 2014 06:17am

Financial

Aussie dollar bears emboldened by China data, others calmer

SYDNEY: The Australian dollar slid to a six-month low on Monday as worries about slower Chinese growth hit a nerve, but

Published 15 Sep, 2014 06:14am

Financial

US dollar steady ahead of US Federal Reserve meeting

SINGAPORE: The US dollar was steady in Asia Monday on speculation that the US Federal Reserve will bring forward its tim

Published 15 Sep, 2014 04:09am

Financial

Sri Lankan rupee little changed from 7-week low

COLOMBO: The Sri Lankan rupee traded nearly unchanged from the 7-week low touched on Thursday as exporter dollar sales a

Published 12 Sep, 2014 08:17am

Financial

Yen slides in Asia after BoJ head meets Japan PM

TOKYO: The yen slid in Asia on Friday as speculation over more Bank of Japan monetary easing gathers pace, while the dol

Published 12 Sep, 2014 07:10am

Financial

Yen slides again in Asia after BoJ head meets Japan PM

TOKYO: The yen slid in Asian trading Friday as speculation over more monetary easing gathers pace, while the dollar won

Published 12 Sep, 2014 04:50am

Financial

Philippine peso NDFs up further after rates hikes; won near 5-week low

SINGAPORE: The Philippine peso extended gains in offshore markets on Thursday after the central bank raised both the ben

Published 11 Sep, 2014 08:55am

Financial

Fed rate hike caution hurts Asia FX sentiment; yuan exception

SINGAPORE: Sentiment on most emerging Asian currencies turned bearish in the last two weeks as caution grew over the pos

Published 11 Sep, 2014 08:39am

Financial

Asia FX edge up; won near 5-week low on catch-up plays

SINGAPORE: Most emerging Asian currencies edged up on Thursday as investors cut bearish bets amid some hopes of more eco

Published 11 Sep, 2014 08:10am

Financial

South Korean won hits 5-week low on post-holiday dollar chase, shares fall

SEOUL: The South Korean won touched a 5-week intraday low on Thursday as investors played catch-up to the dollar followi

Published 11 Sep, 2014 08:01am

Financial

Dollar soars against yen in Asia

TOKYO: The dollar soared to a fresh six-year high in Asia on Thursday, while the pound recovered on easing concerns abou

Published 11 Sep, 2014 07:43am

Financial

Australian dollar jumps after strong jobs data

SYDNEY: The Australian dollar leapt half a US cent on Thursday after a surprisingly strong jobs report led markets to pr

Published 11 Sep, 2014 06:17am

Financial

China's yuan falls slightly on central bank guidance

HONG KONG: China's yuan fell slightly against the dollar on Thursday, guided by a weaker midpoint set by the central

Published 11 Sep, 2014 06:06am

Financial

South Korean won slumps to 1-month low after dollar rally, shares lower

SEOUL: The South Korean won fell to a one-month low on Thursday in its first trading session after a three-day holiday b

Published 11 Sep, 2014 06:05am

Financial

Australia dollar bounces on jobs stunner, NZD hits 7-month low on RBNZ

WELLINGTON/SYDNEY: The Australian dollar bounced from five-month lows on Thursday as startlingly strong jobs data led ma

Published 11 Sep, 2014 06:03am

Financial

Dollar holds gains in Asia

TOKYO: The dollar was steady in Asia Thursday after hitting a six-year high against the yen, while the pound recovered o

Published 11 Sep, 2014 05:06am

Financial

Indian rupee weakens to near 1-month low on Fed worries

MUMBAI: The Indian rupee weakened to its lowest in nearly a month on Wednesday tracking falls in emerging markets due to

Published 10 Sep, 2014 01:04pm

Financial

Philippine peso near 1-month low, yuan bucks Asia FX slide

SINGAPORE: The Philippine peso fell to a near one-month low on Wednesday after export growth slowed, while most emerging

Published 10 Sep, 2014 12:52pm

Financial

Sri Lankan rupee falls on importer dollar demand

COLOMBO: The Sri Lankan rupee fell on Wednesday as importer dollar demand outpaced inward remittances and greenback sale

Published 10 Sep, 2014 11:56am

Financial

Dollar climbs to new 6-year high vs yen, Aussie slumps

TOKYO/SYDNEY: The dollar rose to a new six-year high against the yen on Wednesday, as the Australian dollar nursed a sec

Published 10 Sep, 2014 07:48am

Financial

Dollar touches six-year high against yen in Asia

TOKYO: The dollar pusher higher in Asia on Wednesday to hit a fresh six-year high against the yen, while the pound strug

Published 10 Sep, 2014 07:37am

Financial

Dollar touches six-year high against yen in Asia

TOKYO: The dollar added to recent gains to hit a fresh six-year high against the yen in Asia Wednesday, while the pound

Published 10 Sep, 2014 05:28am

Financial

China's yuan hovers at 6 month highs, central bank sets another strong midpoint

HONG KONG: China's yuan hovered at six-month highs against the dollar on Wednesday after the central bank set a stro

Published 10 Sep, 2014 04:08am

Financial

Australian dollar on the skids; NZ dollar pressured before RBNZ

WELLINGTON/SYDNEY: The Australian dollar tumbled to five-month lows on Wednesday, having been turfed out of its well-def

Published 10 Sep, 2014 03:57am

Financial

Indian rupee sees worst fall in over a month; broad dollar rally hurts

MUMBAI: The Indian rupee saw its biggest single-day decline in more than a month on Tuesday as investors covered short d

Published 09 Sep, 2014 03:23pm

Financial

Sri Lankan rupee ends weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended a tad weaker on importer dollar demand Tuesday that outpaced inward remittances and

Published 09 Sep, 2014 11:54am

Financial

Sri Lankan rupee weaker on importer dollar demand; shares at over 3-year high

COLOMBO: The Sri Lankan rupee edged lower on Tuesday as importer dollar demand outpaced inward remittances and greenback

Published 09 Sep, 2014 08:50am

Financial

Australian & NZ dollars stung by stronger USD, bonds skid

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were stung by broad US dollar strength on Tuesday as rising US

Published 09 Sep, 2014 06:07am

Financial

China's yuan strengthens to 6-month high after strong PBOC fixing

SHANGHAI: China's yuan strengthened to a six-month high against the dollar on Tuesday after the central bank set a s

Published 09 Sep, 2014 06:05am

Financial

Dollar extends gains in Asia

TOKYO: The dollar extended its gains in Asia Tuesday, hovering around a six-year high against the yen, while the British

Published 09 Sep, 2014 05:27am

Financial

Indian rupee hits over 5-week high; central bank steps in to check gains

MUMBAI: The Indian rupee gained on Monday, hitting a more than five-week high, as the weaker-than-expected U.S. jobs dat

Published 08 Sep, 2014 01:21pm

Financial

India rupee at over 5-week high; weak US jobs data aids

MUMBAI: The Indian rupee strengthened to a more than five-week high on Monday, tracking broad overnight losses in the do

Published 08 Sep, 2014 04:33am

Financial

Dollar, euro in tight range as pound drops

TOKYO: The dollar and euro moved in a narrow range Monday after the European Central Bank's surprise stimulus moves,

Published 08 Sep, 2014 03:53am

Financial

ECB stimulus fails to support Asia FX; US jobs data in focus

SINGAPORE: Most emerging Asian currencies fell on Friday and faced weekly losses as the dollar rose across a broad front

Published 05 Sep, 2014 02:07pm

Financial

Sri Lankan rupee down marginally on importer dollar demand

COLOMBO: The Sri Lankan rupee fell slightly against the dollar on Friday as importer demand for the greenback outpaced i

Published 05 Sep, 2014 02:03pm

Financial

Indian rupee to stagnate on dollar rally; yuan to rise slowly

BANGALORE: The Indian rupee will likely stagnate over the next year as a US dollar rally gathers steam and the Indian ec

Published 05 Sep, 2014 12:54pm

Financial

ECB stimulus fails to support Asia FX ahead of US jobs data

SINGAPORE: Most emerging Asian currencies fell on Friday and faced weekly losses as the dollar rose across a broad front

Published 05 Sep, 2014 12:52pm

Financial

Indonesia's forex reserves rise to $111.2bn by end-August

JAKARTA: Indonesia's foreign exchange reserves rose to $111.2 billion by the end of August from $110.5 billion the p

Published 05 Sep, 2014 12:46pm

Financial

Sri Lankan rupee down marginally on importer dollar demand

COLOMBO: The Sri Lankan rupee fell slightly against the dollar on Friday as importer demand for the greenback outpaced i

Published 05 Sep, 2014 06:27am

Financial

Dollar hits six-year high against yen in Asia

TOKYO: The dollar soared to a near six-year high against the yen Friday on upbeat expectations for US jobs data, while t

Published 05 Sep, 2014 05:46am

Financial

Indian rupee gains; ECB policy meet outcome in focus

MUMBAI: The Indian rupee gained for a second straight session on Thursday as gains in other Asian currencies aided but a

Published 04 Sep, 2014 12:04pm

Financial

Asia FX steadier as caution over ECB policy prevails

SINGAPORE: Most emerging Asian currencies took a breather on Thursday as investors grew more cautious over whether the E

Published 04 Sep, 2014 08:50am

Financial

Sri Lankan rupee falls slightly on importer dollar demand

COLOMBO: The Sri Lankan rupee traded a tad weaker against the dollar on Thursday as importer demand for the greenback ou

Published 04 Sep, 2014 06:47am

Financial

China's yuan at highest level since March, focus on August trade data

SHANGHAI: China's yuan edged up against the dollar on Thursday, hitting its highest level in nearly six months, exte

Published 04 Sep, 2014 06:35am

Financial

Asia FX firm amid caution ahead of ECB policy meeting

SINGAPORE: Most emerging Asian currencies rose on Thursday as the dollar broadly eased, while investors stayed cautious

Published 04 Sep, 2014 06:33am

Financial

Yen ticks up in Asia as BoJ stands pat on policy

TOKYO: The yen ticked up in Asia Thursday after the Bank of Japan refrained from expanding its monetary easing programme

Published 04 Sep, 2014 05:25am

Financial

Euro wary as ECB policy decision looms, BoJ eyed

SYDNEY: The euro clung on to modest gains against the dollar early on Thursday, having pulled up from one-year lows as i

Published 04 Sep, 2014 04:38am

Financial

Australian dollar scales multi-month highs vs yen & pound; NZD off lows

WELLINGTON/SYDNEY: The Australian and New Zealand dollars bounced off lows versus their US counterpart on Thursday, whil

Published 04 Sep, 2014 04:09am

Financial

Indian rupee hits five-week high; snaps four-day fall

MUMBAI: The Indian rupee hit a five-week high and snapped a four-day losing streak on Wednesday as risk was back in favo

Published 03 Sep, 2014 05:04pm

Financial

Sri Lankan rupee little changed amid inward remittances

COLOMBO: The Sri Lankan rupee ended little changed against the dollar on Wednesday amid inward remittances and selling o

Published 03 Sep, 2014 12:06pm

Financial

Dollar hovers at eight-month yen highs in Asia

TOKYO: The dollar hovered around eight-month highs against the yen in Asia Wednesday, powered by upbeat US manufacturing

Published 03 Sep, 2014 09:36am

Financial

Yen weakens in Asia as BoJ starts policy meeting

TOKYO: The yen extended its slide in Asia on Wednesday as the dollar won support from upbeat US manufacturing data and t

Published 03 Sep, 2014 04:07am

Financial

Dollar index to rise into 83.16-83.373 range

SINGAPORE: The dollar index is expected to rise into a range of 83.16-83.373 in a week, as it has broken a resistance at

Published 02 Sep, 2014 01:25pm

Financial

Sri Lankan rupee ends steady in low trade

COLOMBO: The Sri Lankan rupee ended little changed against the dollar on Tuesday as inward remittances and sales of the

Published 02 Sep, 2014 12:32pm

Financial

Indian rupee sees biggest fall in 3 weeks on broad dollar gains

MUMBAI: The Indian rupee weakened for a fourth consecutive session on Tuesday, dropping the most in three weeks, trackin

Published 02 Sep, 2014 12:31pm

Financial

Strong dollar hurts Asian FX; ringgit, won lead losses

SINGAPORE: The Malaysian ringgit and the South Korean won led losses among emerging Asian currencies on Tuesday as the d

Published 02 Sep, 2014 09:28am

Financial

Sri Lanka rupee steady; seen flat

COLOMBO: The Sri Lankan rupee traded steady against the dollar on Tuesday as inward remittances and sales of the greenba

Published 02 Sep, 2014 06:45am

Financial

Dollar tests 2014 high vs yen, euro stays under pressure

TOKYO/SYDNEY: The dollar took advantage of thin conditions to overcome an options barrier and ascend to its highest leve

Published 02 Sep, 2014 06:38am

Financial

Australian dollar dips on US dollar strength; RBA fails to surprise

WELLINGTON/SYDNEY: The Australian and New Zealand dollars lost some ground versus a broadly stronger US dollar on Tuesda

Published 02 Sep, 2014 06:36am

Financial

Dollar, euro surge against yen in Asian trading

TOKYO: The dollar and euro rallied against the yen in Asia on Tuesday as Japanese central bank policymakers prepare to m

Published 02 Sep, 2014 06:07am

Financial

China's yuan marginally lower, following central bank guidance

SHANGHAI: China's yuan weakened marginally against the dollar on Tuesday after the central bank set its guidance rat

Published 02 Sep, 2014 05:02am

Financial

Euro sees little reprieve in holiday trade, Aussie eyes rate call

SYDNEY: The euro languished at one-year lows early on Tuesday, following an aimless session overnight with market activi

Published 02 Sep, 2014 04:45am

Financial

Dollar rises above 104.49 yen to hit 7 month high

TOKYO: The dollar hit a seven-month peak against the yen on Tuesday, helped by expectations for further gains for the cu

Published 02 Sep, 2014 04:39am

Financial

Australian dollar cautious ahead of RBA, hits 15 month peak vs yen

WELLINGTON/SYDNEY: The Australian dollar scaled a 15-month peak against the yen on Tuesday, and gave some ground versus

Published 02 Sep, 2014 04:08am

Financial

Indian rupee weakens marginally; ECB meet in focus

MUMBAI: The Indian rupee weakened marginally on Monday in the absence of any fresh domestic triggers, with traders waiti

Published 01 Sep, 2014 04:53pm

Financial

Sri Lanka rupee gains marginally on remittances

COLOMBO: The Sri Lankan rupee ended a tad firmer against the dollar on Monday as inward remittances and sales of the gre

Published 01 Sep, 2014 12:15pm

Financial

Rupiah cuts losses after trade surplus; Asian currencies helped by stocks

SINGAPORE: The rupiah eased on Monday but pared some losses after Indonesia posted a small trade surplus in July and as

Published 01 Sep, 2014 09:07am

Financial

Euro at one-year low against dollar in Asia

TOKYO: The euro struggled at a one-year low against the dollar in Asia on Monday, ahead of a European Central Bank (ECB)

Published 01 Sep, 2014 06:01am

Financial

China's yuan edges up despite weak PMI and midpoint

SHANGHAI: China's yuan firmed against the dollar on Monday, with technical buying helping to offset the impact of sl

Published 01 Sep, 2014 04:58am

Financial

Euro at one-year low against dollar in Asia

TOKYO: The euro struggled at a one-year low against the dollar in Asia on Monday, ahead of a European Central Bank (ECB)

Published 01 Sep, 2014 04:44am

Financial

Euro hamstrung by Ukraine worries, dollar up

SYDNEY: The euro slipped to a fresh one-year low early on Monday as the situation in Ukraine worsened, although a holida

Published 01 Sep, 2014 04:37am

Financial

Australia & NZ dollars hold ground on euro, steady vs USD

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held hefty gains on a battered euro and marked time against th

Published 01 Sep, 2014 04:16am

Financial

Sri Lanka rupee weakens on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Friday as importer dollar demand outpaced exporter greenback sales, while

Published 29 Aug, 2014 02:29pm

Financial

Dollar claws back losses in Asia

TOKYO: The dollar edged up in Asian afternoon trade Friday recovering from losses in the morning that were fanned by fea

Published 29 Aug, 2014 07:07am

Financial

Yen edges higher in Asia on Ukraine tensions

TOKYO: The yen edged up in Asia Friday as growing fears of a possible Russia-Ukraine military conflict offset upbeat US

Published 29 Aug, 2014 04:36am

Financial

Philippine peso retreats, month-end dollar demand hurts Asia FX

SINGAPORE: The Philippine peso turned down after hitting its strongest in more than three weeks on Thursday as most emer

Published 28 Aug, 2014 08:31am

Financial

Dollar slips in Asia ahead of US data

TOKYO: The dollar slipped against other major currencies in Asia on Thursday as investors await revised US second-quarte

Published 28 Aug, 2014 06:24am

Financial

Sri Lanka rupee tad firmer in dull trade; seen steady

COLOMBO: The Sri Lankan rupee was slightly firmer in dull trade on Thursday as exporter dollar sales outpaced importer d

Published 28 Aug, 2014 06:15am

Financial

Australian dollar lifted by investment outlook, kiwi dragged up

WELLINGTON/SYDNEY: The Australian dollar received a boost on Thursday after a better-than-expected outlook for business

Published 28 Aug, 2014 04:27am

Financial

China's yuan almost unchanged after moving in narrow range

SHANGHAI: China's yuan was barely changed against the dollar on Thursday, moving in a narrow range after the central

Published 28 Aug, 2014 04:23am

Financial

Harried euro gets respite ahead of inflation test

SYDNEY/SINGAPORE: The euro inched higher on Thursday and held above a one-year low versus the dollar, getting some respi

Published 28 Aug, 2014 04:15am

Financial

Dollar slips in Asia ahead of US data

TOKYO: The dollar slipped against other major currencies in Asia on Thursday as investors await revised US second-quarte

Published 28 Aug, 2014 03:23am

Financial

Sri Lanka rupee erases early gains, ends steady

COLOMBO: The Sri Lankan rupee ended steady on Wednesday erasing early gains as late importer dollar demand offset export

Published 27 Aug, 2014 12:08pm

Financial

Indian rupee ends flat, but hopes high about foreign flows

MUMBAI: The Indian rupee ended steady on Wednesday as optimism over continued foreign investments in domestic markets wa

Published 27 Aug, 2014 11:58am

Financial

ECB easing talk lifts Asia FX; South Korea intervention spotted

SINGAPORE: Most emerging Asian currencies rose on Wednesday with the South Korean won at a seven-week high as regional s

Published 27 Aug, 2014 09:10am

Financial

Sri Lanka rupee firmer on exporter dollar sales

COLOMBO: The Sri Lankan rupee was a tad firmer on Wednesday as exporter dollar sales outpaced importer demand for the gr

Published 27 Aug, 2014 08:20am

Financial

Euro hits fresh lows, Asia shares at highs on ECB buzz

SYDNEY: The euro was cracking under pressure on Wednesday as feverish speculation of further policy stimulus in the euro

Published 27 Aug, 2014 08:14am

Financial

Australian dollar pops to 10 month peak vs euro, NZ dollar steadier

WELLINGTON/SYDNEY: The Australian dollar popped to a 10-month peak versus a deflated euro on Wednesday, while New Zealan

Published 27 Aug, 2014 06:16am

Financial

Euro weak as dollar stays firm on US confidence

TOKYO: The euro sat around its lowest levels against the dollar in nearly a year in Asia on Wednesday, with investors be

Published 27 Aug, 2014 06:15am

Financial

China's yuan firms against dollar, supported by bullish view

SHANGHAI: China's yuan rose against the dollar for a third straight day on Wednesday bolstered by bullish sentiment

Published 27 Aug, 2014 05:55am

Financial

Euro weak as dollar stays firm on US confidence

TOKYO: The euro sat around its lowest levels against the dollar in nearly a year in Asia on Wednesday, with investors be

Published 27 Aug, 2014 04:23am

Financial

Won leads Asia FX gains amid further ECB easing expectations

SINGAPORE: The South Korean won hit a one-week high on Tuesday, leading gains among emerging Asian currencies on hopes o

Published 26 Aug, 2014 01:02pm

Financial

SWIFT sees Europe gaining in China yuan payments share

SHANGHAI: Europe now represents 10 percent by value of global payments in China's currency, transactions organisatio

Published 26 Aug, 2014 10:08am

Financial

Euro under pressure after weak German data

TOKYO: The euro was stuck around $1.32 in Asia Tuesday after falling to an 11-month low against the dollar on a weak bat

Published 26 Aug, 2014 06:28am

Financial

Sri Lanka rupee edges down on importer demand

COLOMBO: The Sri Lankan rupee traded weaker on Tuesday as importer dollar demand outpaced inward remittances and exporte

Published 26 Aug, 2014 06:19am

Financial

Euro under pressure after weak German data

TOKYO: The euro was stuck below $1.32 in Asia Tuesday after falling to an 11-month low against the dollar in response to

Published 26 Aug, 2014 03:49am

Financial

Indian rupee ends lower after Yellen speech

MUMBAI: The Indian rupee fell on Monday, retreating from a three-week high hit last week, as the dollar gained after U.S

Published 25 Aug, 2014 04:10pm

Financial

Sri Lanka rupee ends steady; seen stable in 2014

COLOMBO: The Sri Lankan rupee ended flat on Monday as mild importer dollar demand helped offset greenback sales from exp

Published 25 Aug, 2014 11:58am

Financial

Rupiah leads Asia FX losses after Jackson Hole; yuan up

SINGAPORE: Most emerging Asian currencies eased on Monday led by the Indonesian rupiah, after US Federal Reserve chief J

Published 25 Aug, 2014 09:12am

Financial

NZ dollar hits 6 month lows vs USD, Aussie rallies against yen & euro

WELLINGTON/SYDNEY: The New Zealand dollar slipped to six-month lows against its broadly stronger US counterpart on Monda

Published 25 Aug, 2014 06:29am

Financial

Dollar in demand as stimulus talk dogs euro, yen

SYDNEY: The dollar marched higher against the euro and yen on Monday as investors wagered that interest rates were set o

Published 25 Aug, 2014 06:16am

Financial

China's yuan firms slightly after last week's fall

SHANGHAI: China's yuan firmed slightly against the dollar on Monday, with technical buying helping to offset a weake

Published 25 Aug, 2014 06:11am

Financial

Euro stumbles to lowest in almost a year on Draghi dovishness

TOKYO/SYDNEY: The euro fell to its lowest in nearly a year against a broadly firmer dollar on Monday after comments from

Published 25 Aug, 2014 05:58am

Financial

Dollar firms after Yellen speech

TOKYO: The dollar surged Monday as investors bet on a US rate hike sooner rather than later, following a speech by Feder

Published 25 Aug, 2014 04:34am

Financial

Indian rupee hits 3-week high; gains for third straight week

MUMBAI: The Indian rupee rose on Friday, after earlier hitting a three-week high against the dollar, on continued strong

Published 22 Aug, 2014 03:05pm

Financial

Sri Lanka rupee ends firmer; seen stable for 2014

COLOMBO: The Sri Lankan rupee rose against the dollar on Friday as exporter dollar sales outpaced late importer demand,

Published 22 Aug, 2014 02:59pm

Financial

Australia dollar lifted by gains vs yen & pound, NZD struggles

WELLINGTON/SYDNEY: The Australian and New Zealand dollars bounced from multi-month lows on Friday as the US dollar rally

Published 22 Aug, 2014 12:53pm

Financial

China's yuan set for biggest weekly loss in two months

HONG KONG: China's yuan is set to post its biggest weekly loss in two months on Friday thanks to a resurgent dollar

Published 22 Aug, 2014 12:51pm

Financial

Rupiah near 1-month high on court election verdict; Asia FX up

SINGAPORE: The rupiah hit a near one-month high on Friday after Indonesia's highest court unanimously upheld last mo

Published 22 Aug, 2014 12:49pm

Financial

Sri Lanka rupee firmer; seen stable on central bank intervention

COLOMBO: The Sri Lankan rupee rose against the dollar on Friday due to exporter dollar sales and the absence of buying f

Published 22 Aug, 2014 12:43pm

Financial

Dollar inches down ahead of Yellen speech

TOKYO: The dollar inched down in Asia Friday as investors awaited a speech by the US Federal Reserve chief for any hint

Published 22 Aug, 2014 07:13am

Financial

Dollar holds up ahead of Yellen speech

TOKYO: The dollar maintained its strength in Asia Friday as investors awaited a speech by the US Federal Reserve chief f

Published 22 Aug, 2014 03:49am

Financial

Sri Lanka rupee steady in sluggish trade after central bank chief comments

COLOMBO: The Sri Lankan rupee traded steady on Thursday in dull trade, a day after the central bank governor said short-

Published 21 Aug, 2014 12:44pm

Financial

Indian rupee snaps 3-day gains on broad dollar rally post Fed minutes

MUMBAI: The Indian rupee weakened slightly on Thursday, snapping a three-day rising streak, as the dollar rallied broadl

Published 21 Aug, 2014 11:55am

Financial

Dollar edges higher in Asia

TOKYO: The dollar edged up against the euro and the yen in Asian trade Thursday, building on the 11-month high it reache

Published 21 Aug, 2014 06:32am

Financial

Australian dollar falls after soft HSBC China PMI survey

SYDNEY: The Australian dollar dropped around half a US cent on Thursday after a soft survey reading of China's manuf

Published 21 Aug, 2014 04:51am

Financial

Dollar surges on hawkish-sounding Fed, Aussie hit by China PMI

SYDNEY/TOKYO: The US dollar traded at 11-month highs against a basket of major currencies early on Thursday, having been

Published 21 Aug, 2014 04:39am

Financial

China's yuan snaps 6-day gaining streak on weak PMI, midpoint

HONG KONG: China's yuan snapped a six-day gaining streak on Thursday after the central bank set a weaker midpoint an

Published 21 Aug, 2014 04:26am

Financial

Dollar edges higher in Asia

TOKYO: The dollar edged up against the euro and the yen in Asian trade Thursday, building on the 11-month high it reache

Published 21 Aug, 2014 03:29am

Financial

Indian rupee hits 3-week high on debt-related dollar inflows

MUMBAI: The Indian rupee rose to a near three-week high against the dollar on Wednesday on the back of strong foreign in

Published 20 Aug, 2014 03:26pm

Financial

Sri Lanka rupee edges down on foreign outflows

COLOMBO: The Sri Lankan rupee fell on Wednesday due to heavy dollar demand from banks to facilitate selling in shares by

Published 20 Aug, 2014 11:55am

Financial

Won, Philippine peso lead Asia FX losses on strong US housing data

SINGAPORE: The South Korean won and the Philippine peso led slides among emerging Asian currencies on Wednesday as the d

Published 20 Aug, 2014 09:53am

Financial

NZ dollar skids to five-month low, Aussie outperforms

WELLINGTON/SYDNEY: The New Zealand dollar tumbled to a five-month low on Wednesday as a key support level gave way in th

Published 20 Aug, 2014 06:46am

Financial

Aussie dollar bears in hibernation until Fed calls

SYDNEY: It is not often the biggest bear on a currency is its own central bank, yet the Reserve Bank of Australia has be

Published 20 Aug, 2014 06:43am

Financial

Won leads Asia FX slides on strong US housing data

SINGAPORE: The South Korean won led losses among emerging Asian currencies on Wednesday as the dollar hit an 11-month hi

Published 20 Aug, 2014 06:39am

Financial

Dollar rises in Asia on upbeat US data

TOKYO: The dollar extended its gains in Asia Wednesday after an encouraging surge in US housing construction boosted opt

Published 20 Aug, 2014 06:27am

Financial

South Korea won falls on dollar strength, shares flat

SEOUL: The South Korean won fell on Wednesday after strong U.S housing data propelled the dollar higher against a broad

Published 20 Aug, 2014 06:27am

Financial

Dollar extends rise vs yen in wake of solid US housing data

SINGAPORE: The dollar hit a four-month high versus the yen on Wednesday after strong US housing data the previous day ad

Published 20 Aug, 2014 04:43am

Financial

China's yuan snaps 5-day rising streak on weaker midpoint

HONG KONG: China's yuan broke a five-day rising streak against the dollar on Wednesday after the central bank set th

Published 20 Aug, 2014 04:42am

Financial

Indian rupee gains slightly on bunched up dollar inflows

MUMBAI: The Indian rupee strengthened slightly on Tuesday on bunched up dollar inflows after a four-day weekend and as s

Published 19 Aug, 2014 04:32pm

Financial

Sri Lanka rupee firmer on exporter dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Tuesday as exporter dollar sales outpaced importer demand for the greenbac

Published 19 Aug, 2014 04:30pm

Financial

Kiwi dips, jury out on US dollar rally

WARSAW: The New Zealand dollar slid almost half a percent on Tuesday after the government trimmed its forecast for growt

Published 19 Aug, 2014 12:43pm

Financial

Sri Lanka rupee firm on exporter dollar sales

COLOMBO: The Sri Lankan rupee gained against the US dollar on Tuesday as exporter dollar sales outpaced importer demand

Published 19 Aug, 2014 12:37pm

Financial

Dollar firm in Asia as Ukraine tensions ease

TOKYO: The dollar held steady in Asia on Tuesday as concerns over a Ukrainian clash with Russia eased, while investors l

Published 19 Aug, 2014 06:25am

Financial

Dollar firm in Asia as Ukraine tensions ease

TOKYO: The dollar held steady in Asia on Tuesday as concerns over a Ukrainian clash with Russia eased, while investors l

Published 19 Aug, 2014 05:06am

Financial

Won hits 5-week high, Asia FX steady on Jackson Hole caution

SINGAPORE: The South Korean won hit a five-week high on Monday, while most emerging Asian currencies barely changed amid

Published 18 Aug, 2014 12:34pm

Financial

Sri Lanka rupee edges up on remittance inflow

COLOMBO: The Sri Lankan rupee rose on Monday as inward remittances and dollar sales by exporters outpaced importer deman

Published 18 Aug, 2014 11:49am

Financial

Sri Lanka rupee edges up on remittance inflow

COLOMBO: The Sri Lankan rupee rose against the US currency on Monday as inward remittances and dollar sales by exporters

Published 18 Aug, 2014 08:01am

Financial

Dollar starts week under pressure, markets eye Jackson Hole

TOKYO/SYDNEY: The dollar edged down against a basket of currencies on Monday, as US Treasury yields wallowed close to 16

Published 18 Aug, 2014 06:34am

Financial

South Korean won hits 5-week high, shares fall slightly

SEOUL: The South Korean won hit a 5-week intraday high on Monday, as exporters sold dollars after stock markets around t

Published 18 Aug, 2014 06:20am

Financial

Yen ticks up in Asia amid Ukraine tensions

TOKYO: The yen ticked up in Asia Monday as investors nervously watched the latest developments in the Ukraine crisis, wh

Published 18 Aug, 2014 06:05am

Financial

China yuan's steadies at 5-month highs after stronger fix

HONG KONG: China's yuan held at five-month highs on Monday after the central bank signaled it was comfortable with t

Published 18 Aug, 2014 05:45am

Financial

Australia & NZ dollars curbed by stiff resistance, Ukraine woes

WELLINGTON/SYDNEY: The Australian and New Zealand dollars drifted sideways on Monday, with broader progress capped by ch

Published 18 Aug, 2014 05:42am

Financial

South Korean won sets 5-week high, shares hit by profit-taking

SEOUL: The South Korean won rose to a 5-week high on dollar selling by exporters after Wall Street's recovery from t

Published 18 Aug, 2014 05:40am

Financial

Yen ticks up in Asia amid Ukraine tensions

TOKYO: The yen ticked up in Asia Monday as investors nervously watched the latest developments in the Ukraine crisis, wh

Published 18 Aug, 2014 04:45am

Financial

Sri Lanka rupee edges up on exporter dollar sales after rate decision

COLOMBO: The Sri Lankan rupee rose against the dollar on Friday in dull trade as exporter sales of the greenback outpace

Published 15 Aug, 2014 02:33pm

Financial

Ringgit near 10 month high on Q2 growth, stimulus hopes support Asia FX

SINGAPORE: The Malaysian ringgit rose to a near 10-month high after data showed stronger-than-expected second quarter ec

Published 15 Aug, 2014 02:31pm

Financial

Yuan firms for 4th week, crosses 200-day moving average

SHANGHAI: China's yuan rose for the fourth straight week despite data that painted a mixed picture of economic condi

Published 15 Aug, 2014 02:24pm

Financial

Dollar steady after Russia calls for end to Ukraine crisis

TOKYO: The dollar held steady in Asia Friday on easing concerns over the situation in Ukraine as Russian President Vladi

Published 15 Aug, 2014 06:39am

Financial

Dollar steady after Russia calls for end to Ukraine crisis

TOKYO: The dollar held steady in Asia Friday on easing concerns over the situation in Ukraine as Russian President Vladi

Published 15 Aug, 2014 05:50am

Financial

Indian rupee posts best daily gain in 3 months

MUMBAI: The Indian rupee rallied on Monday to close above 60 per dollar after its best daily gain since the national ele

Published 14 Aug, 2014 12:14pm

Financial

Won at 1-month high despite rate cut; Asia FX firm

SINGAPORE: The won hit a near one-month high on Thursday, leading gains among emerging Asian currencies, as investors co

Published 14 Aug, 2014 10:40am

Financial

Euro mixed in Asia ahead of eurozone growth data

TOKYO: The euro was mixed in Asia Thursday as investors awaited second-quarter eurozone growth figures.In afternoon Toky

Published 14 Aug, 2014 08:01am

Financial

Australian & NZ dollars jump on sterling, bonds underpinned

WELLINGTON/SYDNEY: The Australian and New Zealand dollars held on to hefty gains against sterling on Thursday after enjo

Published 14 Aug, 2014 06:07am

Financial

Won leads Asia FX gains despite South Korea central bank rate cut

SINGAPORE: The won hit a two-week high on Thursday, leading gains among emerging Asian currencies, as a widely expected

Published 14 Aug, 2014 05:37am

Financial

Indian rupee falls on IIP, CPI disappointment

MUMBAI: The Indian rupee fell on Wednesday after higher-than-expected consumer inflation and dull June industrial output

Published 13 Aug, 2014 04:05pm

Financial

Japan pension fund review could set yen on slippery slope

SYDNEY: The yen's steadiness against the U.S. dollar this year could be nearing its end, with Japan's currency l

Published 13 Aug, 2014 01:14pm

Financial

Sri Lanka rupee near 2-week low on importer, bank dollar demand

COLOMBO: The Sri Lankan rupee edged down to near two-week lows on Wednesday as dollar demand from importers and banks pi

Published 13 Aug, 2014 12:50pm

Financial

Won down before central bank meeting; Asia FX weaker on China data, Ukraine

SINGAPORE: The South Korean won fell on Wednesday as the central bank is expected to cut interest rates this week while

Published 13 Aug, 2014 12:41pm

Financial

Dollar firms in Asia amid thin trade

TOKYO: The dollar firmed against major currencies in Asian trade on Wednesday, but its movement was limited because many

Published 13 Aug, 2014 06:42am

Financial

Dollar firms in Asia amid thin trade

TOKYO: The dollar firmed against major currencies in Asian trade on Wednesday, with its movements limited as many trader

Published 13 Aug, 2014 04:29am

Financial

Won leads Asia FX gains, South Korea eases stock movement rules

SINGAPORE: The won led gains among emerging Asian currencies on Tuesday on easing geopolitical concerns and as South Kor

Published 12 Aug, 2014 08:39am

Financial

Dollar extends gains in Asia

TOKYO: The dollar extended its gains on Tuesday, recovering from a sharp fall last week fuelled by Washington's anno

Published 12 Aug, 2014 06:53am

Financial

Australian & NZ dollars uninspired, investor mood cautious

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were looking for inspiration on Tuesday, hovering near recent

Published 12 Aug, 2014 04:39am

Financial

Dollar stalls as geopolitical storm quietens

SYDNEY: The US dollar started trade in Asia on Tuesday in familiar territory, holding flat after a listless session over

Published 12 Aug, 2014 04:36am

Financial

Sri Lanka rupee up on inflows; state banks limit rise

COLOMBO: The Sri Lankan rupee traded a tad firmer on Monday and hit a four-week high on inflows from exports and remitta

Published 11 Aug, 2014 12:47pm

Financial

Yuan near 5-month high, Asia FX up on reduced Ukraine tensions

SINGAPORE: The Chinese yuan hit a near five-month high on Monday and most other emerging Asian currencies also strengthe

Published 11 Aug, 2014 12:36pm

Financial

Australian & NZ dollars recover from lows as risk appetite improves

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were off lows on Monday, as appetite for risk grew following a

Published 11 Aug, 2014 07:44am

Financial

Yen off highs as geopolitical tensions ease, sentiment fragile

SYDNEY/SINGAPORE: The yen eased versus the dollar on Monday, having backed off from peaks hit late last week as a slight

Published 11 Aug, 2014 07:43am

Financial

Dollar bounces back in Asia

TOKYO: The dollar rallied against the yen and euro on Monday after the unit plunged in the wake of last week's annou

Published 11 Aug, 2014 06:20am

Financial

Dollar steady in Asia trade

TOKYO: The dollar stabilised Monday morning, following a sharp drop against the yen after last week's announcement t

Published 11 Aug, 2014 05:22am

Financial

Yen surges in Asia on Iraq concerns

TOKYO: The yen soared in Asia Friday as US President Barack Obama's announcement that he had authorised US air strik

Published 08 Aug, 2014 06:17am

Financial

Dollar falters as Iraq air strike order saps risk appetite

TOKYO: The dollar slipped against the safe haven yen on Friday after news that U.S. President Barack Obama had authorise

Published 08 Aug, 2014 06:03am

Financial

Australian, New Zealand dollar hit by risk aversion

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were on the defensive on Friday, while bonds rallied sharply a

Published 08 Aug, 2014 05:56am

Financial

Indian rupee hits 5-month low at open; RBI watched

MUMBAI: The Indian rupee dropped to its weakest level in five months on Friday morning, weighed down by geo-political te

Published 08 Aug, 2014 05:47am

Financial

China's yuan set for 3rd weekly gain as trade surplus surges

HONG KONG: The Chinese yuan appeared set to register its third consecutive week of gains as the central bank signaled it

Published 08 Aug, 2014 05:45am

Financial

US stand on Iraq weakens Asia FX, China trade data supports

SINGAPORE: Most emerging Asian currencies fell on Friday to see weekly losses as US President Barack Obama's authori

Published 08 Aug, 2014 05:26am

Financial

South Korean won dragged down by weak Aussie jobs data, shares drop

SEOUL: The South Korean won eased on Thursday after surprisingly dismal Australian jobs data hurt sentiment for risky as

Published 07 Aug, 2014 06:27am

Financial

Euro edges up in Asia ahead of central bank meetings

TOKYO: The euro edged up in Asia on Thursday ahead of a slate of central bank meetings as investors focus on whether Eur

Published 07 Aug, 2014 05:56am

Financial

Euro edges up in Asia ahead of central bank meetings

TOKYO: The euro edged up in Asia Thursday ahead of a slate of central bank meetings as investors focus on whether Europe

Published 07 Aug, 2014 05:38am

Financial

Australian dollar slides as jump in unemployment sparks rate cut talk

WELLINGTON/SYDNEY: The Australia dollar tumbled on Thursday after a surprisingly weak jobs report cast doubt on market p

Published 07 Aug, 2014 05:11am

Financial

Euro steady ahead of ECB; Aussie slides on weak jobs data

SINGAPORE/SYDNEY: The euro held steady above a nine-month low on Thursday ahead of a policy review by the European Centr

Published 07 Aug, 2014 04:54am

Financial

China's yuan opens, trades above fix for first time in 5 months

SHANGHAI: China's yuan firmed against the dollar for the fourth straight day on Thursday, opening and trading strong

Published 07 Aug, 2014 04:52am

Financial

Yuan jumps; US data, Ukraine tensions hurt Asia FX

SINGAPORE: The Chinese yuan hit a 4-1/2-month high on Wednesday, crossing the central bank's daily midpoint for the

Published 06 Aug, 2014 01:04pm

Financial

Sri Lanka rupee ends firmer; state banks curb gains

COLOMBO: The Sri Lankan rupee ended firmer on Wednesday on inflows from exporter dollar sales and inward remittances, wh

Published 06 Aug, 2014 11:56am

Financial

Indian rupee posts biggest single-day fall in 6-1/2 months

MUMBAI: The Indian rupee posted its biggest single-day fall in six-and-half months on Wednesday as heavy dollar outflows

Published 06 Aug, 2014 11:54am

Financial

China's yuan firms past guidance rate for first time since March

HONG KONG/SHANGHAI: China's currency crossed the central bank's daily midpoint for the first time since March on

Published 06 Aug, 2014 07:44am

Financial

Sri Lanka rupee firmer; state banks curb gains

COLOMBO: The Sri Lankan rupee traded firmer on Wednesday on inflows from exporter dollar sales and inward remittances, w

Published 06 Aug, 2014 07:28am

Financial

Euro stays near eight-month low in Asia

TOKYO: The euro was hovering near an eight-month low against the dollar in Asia on Wednesday on speculation that the Eur

Published 06 Aug, 2014 06:28am

Financial

South Korean won falters on firm US dollar, stocks down

SEOUL: The South Korean won dropped on Wednesday as risk aversion stemming from escalating geopolitical tensions in Ukra

Published 06 Aug, 2014 06:20am

Financial

Indian rupee extends fall to 4-1/2-month low tracking broad dollar rise

MUMBAI: The Indian rupee extended falls to a four-and-half month low on Wednesday morning as broad gains in the dollar v

Published 06 Aug, 2014 05:54am

Financial

China's yuan hits 4-1/2-month high, spot rate set to cross midpoint

SHANGHAI: China's yuan firmed against the dollar for the third straight day on Wednesday, trading at its highest lev

Published 06 Aug, 2014 05:52am

Financial

Dollar regains momentum on upbeat data, euro skids

SYDNEY: The dollar held near an 11-month high against a basket of major currencies early on Wednesday, having got a seco

Published 06 Aug, 2014 04:30am

Financial

South Korea won drops on firm dollar, Ukraine tensions; stocks slip

SEOUL: The South Korean won fell early on Wednesday, stung by a strong US dollar while reports that Russian troops were

Published 06 Aug, 2014 04:14am

Financial

New Zealand dollar soured by sliding dairy prices, Aussie pressured

WELLINGTON/SYDNEY: The New Zealand dollar skidded to two-month lows on Wednesday following another decline in dairy pric

Published 06 Aug, 2014 04:10am

Financial

China 7-year finance ministry bonds yield at 4.1328pc, within forecasts

SHANGHAI: China's Ministry of Finance auctioned 28 billion yuan ($4.5 billion) of seven-year bonds in the interbank

Published 06 Aug, 2014 03:47am

Financial

Euro stays near eight-month low in Asia

TOKYO: The euro was hovering near an eight-month low against the dollar in Asia on Wednesday on speculation that the Eur

Published 06 Aug, 2014 03:40am

Financial

Sri Lanka rupee edges up on inflows; shares slip from near 3-year high

COLOMBO: The Sri Lankan rupee traded firmer on Tuesday on inflows from exporter dollar sales and inward remittances, wit

Published 05 Aug, 2014 08:31am

Financial

Australian dollar holds firm after no surprises from RBA

WELLINGTON/SYDNEY: The Australian dollar held its ground on Tuesday after the Reserve Bank of Australia's (RBA) said

Published 05 Aug, 2014 06:25am

Financial

Dollar steady below 10-month highs as rally pauses

SYDNEY/SINGAPORE: The dollar was stuck below a 10-1/2 month peak against a basket of currencies on Tuesday, taking a bre

Published 05 Aug, 2014 06:16am

Financial

Euro weak ahead of ECB meeting

TOKYO: The euro stayed weak against the dollar in Asia on Tuesday as investors awaited eurozone data and a monthly polic

Published 05 Aug, 2014 05:52am

Financial

South Korea won gains for 2nd session with RBA in focus; stocks down

SEOUL: The South Korean won firmed for a second session early on Tuesday, as dollar momentum cooled and investors warmed

Published 05 Aug, 2014 05:38am

Financial

Australian dollar cautious ahead of RBA, NZ dollar steady

WELLINGTON/SYDNEY: The Australia and New Zealand dollars were marking time on Tuesday, with markets awaiting the outcome

Published 05 Aug, 2014 05:15am

Financial

Asia stocks slip as China service data sours mood

TOKYO: Asian stocks slipped on Tuesday after a survey showed China's services sector growth fell to a record low, po

Published 05 Aug, 2014 05:05am

Financial

China's yuan firms slightly despite flat midpoint fix

SHANGHAI: China's yuan rose slightly against the dollar for the second straight day on Tuesday despite a flat midpoi

Published 05 Aug, 2014 04:37am

Financial

Euro weak ahead of ECB meeting

TOKYO: The euro stayed weak against the dollar in Asia on Tuesday as investors awaited eurozone data and a monthly polic

Published 05 Aug, 2014 03:58am

Financial

Dollar index to rise to 81.854

SINGAPORE: The dollar index may rise further to 81.854 in a week, driven by a wave c.This is the third wave of a three-w

Published 04 Aug, 2014 12:52pm

Financial

Sri Lanka rupee steady amid upward pressure; stx near 3-year high

COLOMBO: The Sri Lankan rupee traded steady on Monday in dull trade as exporter dollar sales and inward remittances offs

Published 04 Aug, 2014 07:18am

Financial

South Korea won gains after dollar falters on US jobs data, stocks ease

SEOUL: The South Korean won rebounded from a three-month low on Monday as the dollar was pressured by US job growth data

Published 04 Aug, 2014 06:00am

Financial

Dollar off to pedestrian start in August after stellar July

SYDNEY/TOKYO: The US dollar got off to a quiet start on Monday, having suffered its biggest one-day fall in nearly a mon

Published 04 Aug, 2014 05:57am

Financial

Australia & NZ dollars off recent lows, retail sales help

WELLINGTON/SYDNEY: The Australia and New Zealand dollars were firm on Monday as their US counterpart was undermined by j

Published 04 Aug, 2014 05:43am

Financial

China's yuan dips on dollar, pulls away from 4-1/2-month highs

HONG KONG: China's yuan weakened slightly against the dollar on Monday even after the central bank set the official

Published 04 Aug, 2014 05:37am

Financial

Euro slips in Asia on Portugal bank bailout

TOKYO: The euro slipped against the dollar in Asia on Monday following news of a bailout for a crisis-hit Portuguese ban

Published 04 Aug, 2014 05:16am

Financial

Euro slips in Asia on European concern

TOKYO: The euro slipped in Asia Monday following news of a bailout for a crisis-hit Portuguese bank, while the dollar he

Published 04 Aug, 2014 04:13am

Financial

Sri Lanka rupee ends little changed; seen gaining further

COLOMBO: The Sri Lankan rupee ended little changed on Friday, but dealers expect the currency to strengthen further due

Published 01 Aug, 2014 02:06pm

Financial

Indian rupee posts biggest weekly loss since record lows in Aug

MUMBAI: The Indian rupee posted its biggest weekly fall since record low levels in August last year as the rally in the

Published 01 Aug, 2014 02:01pm

Financial

Dollar holds firm ahead of jobs data

TOKYO: The dollar inched up against other major currencies in Asia on Friday as market players expected upcoming US jobs

Published 01 Aug, 2014 12:21pm

Financial

Sri Lanka rupee ends steady on state banks' dollar buying

COLOMBO: The Sri Lankan rupee closed steady on Thursday as dollar-buying by two state banks prevented sharp gains in the

Published 31 Jul, 2014 12:14pm

Financial

Dollar shines, US yields surge on upbeat US data

TOKYO: The dollar stayed strong and US bond yields held firm on Thursday after data showed solid US economic growth, eve

Published 31 Jul, 2014 07:42am

Financial

Australia & NZ dollars struggle after sliding on strong US data

WELLINGTON/SYDNEY: The Australia and New Zealand dollars were languishing near two-month lows on Thursday after strong g

Published 31 Jul, 2014 07:37am

Financial

China's yuan dips on central bank guidance

SHANGHAI: China's yuan weakened against the dollar on Thursday after the central bank set the daily midpoint at its

Published 31 Jul, 2014 07:16am

Financial

Dollar dips after Wall Street rally

TOKYO: The dollar edged lower against the yen in Asia Thursday after surging to a near four-month high in US trade in re

Published 31 Jul, 2014 05:48am

Financial

Dollar flat in Asia ahead of key data, Fed meeting

TOKYO: The dollar moved narrowly in Asia Monday as simmering geopolitical tensions capped activity while investors look

Published 28 Jul, 2014 07:29am

Financial

China's yuan rises as positive economic data offsets weak midpoint

SHANGHAI: China's yuan strengthened against the dollar on Monday, as better-than-expected economic data offset a wea

Published 28 Jul, 2014 04:31am

Financial

Dollar flat in Asia ahead of key data, Fed meeting

TOKYO: The dollar moved narrowly in Asia Monday as simmering geopolitical tensions capped activity while investors look

Published 28 Jul, 2014 03:57am

Financial

Market takes a shine to the dollar, shuns euro

SYDNEY: The US dollar hovered near six-month highs against a basket of major currencies early on Monday, holding onto so

Published 28 Jul, 2014 03:38am

Financial

NZ dollar plumbs 6-week lows, weighs on Australian dollar

WELLINGTON/SYDNEY: The New Zealand dollar fell to six-week lows and weighed on the Australian dollar on Monday, with mar

Published 28 Jul, 2014 03:31am

Financial

Indian rupee edges up but snaps two-week gaining streak

MUMBAI: The Indian rupee ended marginally higher on Friday, as heavy dollar demand from importers to meet month-end comm

Published 25 Jul, 2014 12:00pm

Financial

Euro digs in after rebounding from lows

TOKYO: The euro held firm against the dollar and yen on Friday after bouncing back from multi-month lows in the previous

Published 25 Jul, 2014 10:09am

Financial

Euro stands firm after rebounding from lows

TOKYO: The euro dug in against the dollar and yen on Friday after bouncing back from multi-month lows in the previous se

Published 25 Jul, 2014 05:17am

Financial

Sri Lankan rupee steady at 1-week high; stocks edge up

COLOMBO: The Sri Lankan rupee traded flat on Thursday as exporter dollar sales offset importer demand, a day after the t

Published 24 Jul, 2014 11:20am

Financial

Asian currencies slip on profit-taking, won dented by weak GDP

SINGAPORE: Asian currencies slipped on Thursday as investors booked profits after a recent rally, while the won fell as

Published 24 Jul, 2014 10:59am

Financial

Dollar steady in Asian trade

TOKYO: The dollar held steady in Asia Thursday with currency markets little moved by weak Japanese trade data and upbeat

Published 24 Jul, 2014 08:23am

Financial

Dollar steady in Asian trade

TOKYO: The dollar held steady in Asia Thursday with currency markets little moved by weak Japanese trade data and upbeat

Published 24 Jul, 2014 06:28am

Financial

South Korea won dips as GDP data reinforces rate cut view

SEOUL: The South Korean won fell on Thursday, headed for its worst day in more than a week, as second-quarter economic g

Published 24 Jul, 2014 04:40am

Financial

China's yuan climbs to over 3-month high as economy picks up

HONG KONG: China's yuan raced to its highest in more than three months on Thursday after solid manufacturing activit

Published 24 Jul, 2014 04:39am

Financial

Australian dollar jumps after upbeat China PMI survey

SYDNEY: The Australian dollar hit a three-week high on Thursday after a closely watched survey showed activity in China&

Published 24 Jul, 2014 03:40am

Financial

Kiwi sinks as central bank signals rate halt, China PMI lifts Aussie

TOKYO/SYDNEY: The New Zealand dollar skidded to a six-week low on Thursday after the country's central bank switched

Published 24 Jul, 2014 03:28am

Financial

Rupiah hits 2-month peak after Jokowi wins presidential election

SINGAPORE: The Indonesian rupiah rose to its highest level in two months on Wednesday after Joko "Jokowi" Widodo was dec

Published 23 Jul, 2014 11:12am

Financial

Euro at multi-year lows against dollar, yen

TOKYO: The euro touched multi-month lows against the dollar and yen on Wednesday as investors fret about the impact on t

Published 23 Jul, 2014 07:18am

Financial

Euro at multi-year lows against dollar, yen

TOKYO: The euro touched multi-month lows against the dollar and yen on Wednesday as investors fret about the impact on t

Published 23 Jul, 2014 06:25am

Financial

China's yuan rises to two-week high as outlook firms

HONG KONG: China's yuan rose to a two-week high on Wednesday in spite of a weaker midpoint, as the outlook on the cu

Published 23 Jul, 2014 05:50am

Financial

Rupiah scales 2-month high after Jokowi wins presidential election

SINGAPORE: The Indonesian rupiah set a two-month high on Wednesday, rallying after Joko "Jokowi" Widodo was declared the

Published 23 Jul, 2014 05:48am

Financial

Euro finally gives in, Aussie eyes CPI test

SYDNEY: The euro languished at multi-month lows against many of its peers early on Wednesday, having moved decisively lo

Published 23 Jul, 2014 04:03am

Financial

Australian dollar rises after inflation data

WELLINGTON: The Australian dollar gained more than a quarter of a cent on Wednesday after inflation data came in stronge

Published 23 Jul, 2014 03:53am

Financial

South Korea won gains on offshore inflows, Q2 GDP eyed

SEOUL: The South Korean won rose for a third session early on Wednesday but most investors were in a cautious mood ahead

Published 23 Jul, 2014 03:45am

Financial

Sri Lanka rupee steady near 3-week low; seen facing downward pressure

COLOMBO: The Sri Lankan rupee traded steady near its three-week low on Tuesday in dull trade, but dealers said the curre

Published 22 Jul, 2014 11:25am

Financial

Aussie ticks higher, yen eases back

LONDON: The Australian dollar rose on Tuesday, the main mover on developed world currency markets, after the country&#39

Published 22 Jul, 2014 11:12am

Financial

Rupiah gives up gains in choppy trade; baht hits 8-month high

SINGAPORE: The Indonesian rupiah shed its earlier gains in volatile trading ahead of an announcement to declare the winn

Published 22 Jul, 2014 10:49am

Financial

Yen dips as stocks rally and Ukraine tensions ease

TOKYO: The yen eased in Asia Tuesday as news that pro-Russian rebels had handed over the black boxes of Flight MH17 ease

Published 22 Jul, 2014 07:45am

Financial

Yen dips as stocks rally and Ukraine tensions ease

TOKYO: The yen eased in Asia Tuesday as news that pro-Russian rebels had handed over the black boxes of Flight MH17 ease

Published 22 Jul, 2014 04:56am

Financial

South Korea won rises, stocks touch a 2014 peak before ending flat

SEOUL: The South Korean won edged up on Monday as foreign investors sold dollars as worry about global geopolitical tens

Published 21 Jul, 2014 11:17am

Financial

Asian currencies rise, baht hits 7-month high, but traders remain cautious

SINGAPORE: Most Asian currencies rose on Monday, with the Thai baht touching a seven-month high, as investor risk aversi

Published 21 Jul, 2014 11:06am

Financial

Sri Lanka sees $307mn govt securities outflow; central bank says no impact on rupee

COLOMBO: Offshore investors sold 40 billion rupees ($307.13 million) worth of Sri Lankan government securities last week

Published 21 Jul, 2014 10:55am

Financial

Sri Lanka rupee weaker on importer dollar demand; stocks up

COLOMBO: The Sri Lanka rupee fell on Monday due to importer dollar demand, and dealers said the currency could face some

Published 21 Jul, 2014 10:54am

Financial

Yen advances in Asian trade

SINGAPORE: The yen strengthened in Asia Monday as investors sought out lower-risk investments as a hedge against geopoli

Published 21 Jul, 2014 06:50am

Financial

Euro stays afloat in tentative trade amid geopolitical concerns

SYDNEY: The euro regained more ground on the dollar in Asia on Monday, having rebounded from a five-month trough, but tr

Published 21 Jul, 2014 05:31am

Financial

Yen advances in Asian trade

SINGAPORE: The yen strengthened in Asia Monday as investors sought out lower-risk investments as a hedge against geopoli

Published 21 Jul, 2014 04:15am

Financial

Australia, NZ dollars keep low profile as local events eyed

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were stuck in a holding pattern on Monday with a holiday in Ja

Published 21 Jul, 2014 03:30am

Financial

Indian rupee falls as global risk aversion rises

MUMBAI: The Indian rupee fell to its weakest in a month against the dollar, tracking lower emerging market assets after

Published 18 Jul, 2014 12:08pm

Financial

Dollar up after New York losses fuelled by plane tragedy

TOKYO: The dollar edged up in Asian trade Friday after tumbling in New York on news that a Malaysia Airlines jet had cra

Published 18 Jul, 2014 06:42am

Financial

Dollar up after New York losses fuelled by plane tragedy

TOKYO: The dollar edged up in Asian trade Friday after tumbling in New York on news that a Malaysia Airlines jet had cra

Published 18 Jul, 2014 05:34am

Financial

Rupiah eases but above recent low; most Asian units rise

SINGAPORE: Most emerging Asian currencies rose on Thursday, while the Indonesian rupiah held above a one-week low ahead

Published 17 Jul, 2014 10:44am

Financial

Bullish bets on won slashed, rupiah bets turn bullish

SINGAPORE: Investors sharply reduced their bullish bets on the South Korean won over the last two weeks, while turning s

Published 17 Jul, 2014 10:21am

Financial

Dollar recedes in Asia after recent pick-up

TOKYO: The dollar retreated in Asia Thursday after rallying in the previous session in response to an upbeat US Federal

Published 17 Jul, 2014 05:15am

Financial

NZ dollar pinned at 3-week low, Aussie proves more resilient

WELLINGTON/SYDNEY: The Australian dollar was holding steady on Thursday having rebounded from two-week lows, proving mor

Published 17 Jul, 2014 03:59am

Financial

Euro hits the skids as sterling flies

SYDNEY: The euro wallowed at five-month lows against the yen on Thursday and held near a two-year trough on sterling, ha

Published 17 Jul, 2014 03:24am

Financial

Sri Lanka rupee steady at over 1-year high; stx at over 33-month high

COLOMBO: The Sri Lankan rupee traded steady on Wednesday at its highest in more than a year as inflows from remittances

Published 16 Jul, 2014 11:23am

Financial

Won and ringgit slip as dollar stays firm after Yellen

SINGAPORE: The South Korean won and the Malaysian ringgit sagged on Wednesday as the dollar managed to hold firm after U

Published 16 Jul, 2014 11:12am

Financial

Dollar rises in Asia on Fed chief rate comments

TOKYO: The dollar rose in Asia on Wednesday as the head of the US Federal Reserve indicated that interest rates could ri

Published 16 Jul, 2014 05:38am

Financial

Yuan edges up after China posts slightly stronger-than-expected Q2 growth

SHANGHAI: The yuan edged up against the dollar on Wednesday after China's economic growth for the second quarter cam

Published 16 Jul, 2014 04:56am

Financial

South Korean won falls to near 2-1/2 month low, stocks steady

SEOUL: The South Korean won fell early on Wednesday after comments from the country's finance minister and central b

Published 16 Jul, 2014 04:00am

Financial

New Zealand dollar slips on benign inflation data

SYDNEY: The New Zealand dollar shed nearly half a US cent on Wednesday after local inflation data came in softer than ex

Published 16 Jul, 2014 03:23am

Financial

Dollar bulls hear hawkish hint from Yellen, inflation lifts sterling

SYDNEY: The dollar clung to modest gains early on Wednesday after bulls latched onto a comment by the head of the Federa

Published 16 Jul, 2014 03:20am

Financial

Dollar, euro hold gains against yen after BoJ meeting

TOKYO: The dollar and euro maintained recent gains against the yen on Tuesday after the Bank of Japan held off expanding

Published 15 Jul, 2014 08:03am

Financial

Sri Lanka rupee hits over 1-year high; stocks at 33-month peak

COLOMBO: The Sri Lankan rupee climbed to its highest in more than a year on Tuesday, as inflows from remittances and exp

Published 15 Jul, 2014 07:22am

Financial

Asian currencies retreat vs dollar ahead of Yellen's testimony

SINGAPORE: Asian currencies fell back against the dollar on Tuesday after a strong run as some players squared positions

Published 15 Jul, 2014 07:19am

Financial

Yuan falls on corporate dollar demand, economic data has no impact

SHANGHAI: China's yuan fell slightly against the dollar for the second day on Tuesday, pushed down by corporate dema

Published 15 Jul, 2014 05:40am

Financial

South Korea won drops more than 1pc as foreigners sell ahead of Yellen

SEOUL: The South Korean won dropped by more than 1 percent against the dollar on Tuesday, weighed down by offshore inves

Published 15 Jul, 2014 05:35am

Financial

Australian, NZ dollars on a tight leash ahead of data

WELLINGTON/SYDNEY: The Australian and New Zealand dollars were mostly steady on Tuesday with the kiwi hunkering down nea

Published 15 Jul, 2014 04:21am

Financial

Dollar edges up on yen after Bank of Japan trims GDP forecast

TOKYO: The dollar edged up against the yen on Tuesday after the Bank of Japan tweaked its growth forecast lower, althoug

Published 15 Jul, 2014 04:14am

Financial

Dollar on ice as markets await Yellen's testimony

TOKYO: The dollar remained frozen in recent ranges in Asia on Tuesday, as investors awaited Federal Reserve Chair Janet

Published 15 Jul, 2014 03:31am

Financial

South Korean won falls ahead of Yellen testimony, stocks rise

SEOUL: The South Korean won fell on Tuesday as foreigners bought dollars ahead of a closely watched testimony by Federal

Published 15 Jul, 2014 03:11am

Financial

Asian currencies mostly firmer; rupiah falters

SINGAPORE: Emerging Asian currencies mostly inched higher on Monday, stabilising after taking a fall late last week, as

Published 14 Jul, 2014 10:49am

Financial

Yen weakens in Asia as Bank of Japan starts meeting

TOKYO: The yen weakened in Asian trade Monday as the Bank of Japan kicked off a two-day policy meeting, with investors a

Published 14 Jul, 2014 07:33am

Financial

Yuan falls on corporate dollar demand, seen capped at 6.2/dollar for now

SHANGHAI: China's yuan fell against the dollar on Monday as companies tended to buy dollars in anticipation that the

Published 14 Jul, 2014 05:49am

Financial

Australian, NZ dollars seek fresh cues in event-filled week

WELLINGTON/SYDNEY: The Australian and New Zealand dollars marked time on Monday, mirroring a generally aimless currency

Published 14 Jul, 2014 04:34am

Financial

South Korean won edges up as Yellen remarks awaited

SEOUL: The South Korean won edged up against the US dollar on Monday morning as Portugal's bank fears ebbed and corp

Published 14 Jul, 2014 04:30am

Financial

Dollar stable as market fears about Portugal ebb

NEW YORK: The US dollar was stable against the yen and the euro on Friday as Portugal's largest bank sought to reass

Published 11 Jul, 2014 03:58pm

Financial

Won leads Asian losses on Portugal; peso down as central bank cuts c/a estimate

SEOUL: The South Korean won led losses among emerging Asian currencies on Friday, and most regional units were set to sh

Published 11 Jul, 2014 12:35pm

Financial

Sri Lanka rupee rises to over 1 year high; state banks limit gain

COLOMBO: The Sri Lankan rupee ended at its highest in more than a year on Friday due to inflows from remittances and exp

Published 11 Jul, 2014 11:35am

Financial

Euro dips in Asia on Portuguese bank woes

TOKYO: Investors shifted out of the euro Friday and into the safety of the dollar and yen as a crisis at Portugal's

Published 11 Jul, 2014 06:24am

Financial

Euro dips in Asia on Portuguese bank woes

TOKYO: Investors shifted out of the euro Friday and into the safety of the dollar and yen as a crisis at Portugal's

Published 11 Jul, 2014 05:18am

Financial

Sri Lanka rupee steady at over 1-year high; stocks hit 33-month high

COLOMBO: The Sri Lankan rupee was steady at its more than one-year high on Thursday as inflows from remittances and expo

Published 10 Jul, 2014 11:22am

Financial

Rupiah off 7-week high on vote uncertainty; ringgit weaker before central bank decision

SEOUL: The Indonesian rupiah hit a seven-week high on Thursday, in tandem with firmer local stocks and bond prices, but

Published 10 Jul, 2014 11:03am

Financial

Dollar weakens in Asia after Fed minutes

TOKYO: The dollar eased in Asia Thursday as minutes from the Federal Reserve's June meeting suggested interest rates

Published 10 Jul, 2014 06:00am

Financial

Sri Lanka rupee tad firmer on dollar inflows; gains curbed

COLOMBO: The Sri Lankan rupee traded firmer on Wednesday due to inflows from remittances and exporter dollar sales amid

Published 09 Jul, 2014 11:32am

Financial

Rupiah NDFs hit 7-week high as Jokowi seen winning Indonesian vote

SEOUL: The rupiah hit a seven-week high in offshore markets on Wednesday as Jakarta Governor Joko "Jokowi" Widodo looked

Published 09 Jul, 2014 11:13am

Financial

Yuan hits 3-month high as China, US kick off crucial talks

SHANGHAI: China's yuan hit a three-month high against the dollar on Wednesday as China and United States started the

Published 09 Jul, 2014 05:29am

Financial

Philippine peso hits 8-month high; offshore rupiah up amid vote

SEOUL: The Philippine peso touched an eight-month high on Wednesday with most emerging Asian currencies up on lower US T

Published 09 Jul, 2014 05:28am

Financial

Dollar under pressure in Asia ahead of Fed minutes

TOKYO: The dollar faced selling pressure in Asia on Wednesday as investors await the release of minutes from the Federal

Published 09 Jul, 2014 04:14am

Financial

Sri Lanka rupee steady, state banks curb volatility; stocks up

COLOMBO: The Sri Lankan rupee was steady on Tuesday as inflows from remittances and exporter dollar sales offset demand

Published 08 Jul, 2014 07:53am

Financial

Dollar holds steady, takes breather after rally

SYDNEY/SINGAPORE: The dollar held steady versus a basket of major currencies on Tuesday, having retreated from the previ

Published 08 Jul, 2014 05:36am

Financial

Yuan slips as Chinese oil giants buy dollars

SHANGHAI: China's yuan fell slightly against the dollar on Tuesday, with dollar demand from Chinese oil giants offse

Published 08 Jul, 2014 05:26am

Financial

Yen gains in Asia after US stocks fall

TOKYO: The yen rose against the dollar and euro Tuesday as cautious investors retreated to the Japanese currency after t

Published 08 Jul, 2014 05:01am

Financial

PBOC to drain 20bn yuan via 28-day repos

SHANGHAI: China's central bank will drain 20 billion yuan ($3.22 billion)from the money markets through 28-day bond

Published 08 Jul, 2014 04:43am

Financial

Australian dollar slowly on the mend, kiwi steady

WELLINGTON/SYDNEY: The Australian dollar continued to recover in baby steps from last week's drubbing, while the New

Published 08 Jul, 2014 04:22am

Financial

Indian rupee sees biggest fall in nearly 3 weeks; budget eyed

MUMBAI: The Indian rupee saw its biggest single-day fall in nearly three weeks on Monday as investors turned cautious ah

Published 07 Jul, 2014 01:05pm

Financial

Sri Lanka rupee closes steady, state banks curb volatility

COLOMBO: The Sri Lankan rupee ended steady on Monday as inflows from remittances and exporter dollar sales offset the de

Published 07 Jul, 2014 01:03pm

Financial

Dollar holds up ahead of Fed minutes release

TOKYO: The dollar held up in Asia on Monday after rallying on strong jobs data last week, as investors awaited minutes o

Published 07 Jul, 2014 06:54am

Financial

South Korea won retreats from six-year high levels; stocks ease

SEOUL: The South Korean won eased from six-year highs on Monday as investors awaited comments from the central bank and

Published 07 Jul, 2014 06:45am

Financial

Yuan rises moderately on the dollar, seen stable for now

SHANGHAI: China's yuan rose slightly against the dollar on Monday, buoyed by corporate dollar sales ahead of a key U

Published 07 Jul, 2014 05:38am

Financial

Dollar stays firm in the wake of jobs-inspired rally

SINGAPORE/SYDNEY: The dollar edged higher on Monday and touched its highest level in more than a week versus a basket of

Published 07 Jul, 2014 05:02am

Financial

South Korea won ticks lower from 6-year peak; stocks edge down

SEOUL: The South Korean won eased slightly against the dollar on Monday morning, retreating from six-year highs as inves

Published 07 Jul, 2014 03:53am

Financial

Indian rupee sees biggest weekly gain in 1-1/2 months

MUMBAI: The Indian rupee was little changed on Friday as caution set in ahead of Prime Minister Narendra Modi's maid

Published 04 Jul, 2014 12:06pm

Financial

Dollar steady in Asia after upbeat US jobs report

TOKYO: The dollar was steady against the yen and euro in Asia Friday after it rallied on an encouraging US jobs report t

Published 04 Jul, 2014 06:49am

Financial

Dollar holds firms in Asia after upbeat US jobs report

TOKYO: The dollar held firm against the yen and euro in Asia Friday after it rallied on a strong US jobs reports that po

Published 04 Jul, 2014 06:10am

Financial

Rupiah leads Asia FX losses before US jobs data; won shines

SINGAPORE: The Indonesian rupiah led losses among emerging Asian currencies on Thursday as investors took profits from r

Published 03 Jul, 2014 11:08am

Financial

Dollar creeps up in Asia on US jobs report

TOKYO: The dollar extended its gains against the yen and euro in Asia on hopes for a healthy US jobs report later Thursd

Published 03 Jul, 2014 06:24am

Financial

Dollar creeps up in Asia on US jobs report

TOKYO: The dollar extended its gains against the yen and euro in Asia Thursday on hopes for a healthy US jobs report lat

Published 03 Jul, 2014 05:36am

Financial

Sri Lanka rupee steady on state banks' dollar buying; stocks at over 1-year high

COLOMBO: The Sri Lankan rupee traded steady on Wednesday as exporter dollar sales offset importer dollar demand amid gre

Published 02 Jul, 2014 11:14am

Financial

Won at 6-year high despite intervention, soft yuan limits Asia FX gains

SINGAPORE: The South Korean won hit a six-year high despite intervention on Wednesday as most emerging Asian currencies

Published 02 Jul, 2014 11:12am

Financial

Dollar gains in Asia on data-driven stocks rally

TOKYO: The dollar rose in Asia Wednesday, boosted by upbeat sentiment, but it is still sitting around more than five-and

Published 02 Jul, 2014 05:13am

Financial

Dollar rises in Asia on upbeat sentiment

TOKYO: The dollar edged up in Asia Tuesday as gains in Tokyo stocks boosted sentiment, but lower US bond yields kept the

Published 01 Jul, 2014 06:12am

Financial

Dollar rises in Asia on upbeat sentiment

TOKYO: The dollar rose in Asia Tuesday as gains in Tokyo stocks boosted sentiment, but lower US bond yields kept the uni

Published 01 Jul, 2014 05:17am

Financial

Indian rupee marks first quarterly fall in three

MUMBAI: The Indian rupee fell on Monday, posting its first quarterly fall in three, as suspected intervention by the cen

Published 30 Jun, 2014 01:39pm

Financial

Sri Lanka rupee slightly weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee fell on Monday due to importer dollar demand mainly from state banks, while dealers said b

Published 30 Jun, 2014 07:39am

Financial

Aussie dollar cautious ahead of RBA meeting, kiwi off peak

WELLINGTON/SYDNEY: The Australian and New Zealand dollars eased on Monday, with the kiwi retreating from a near three-ye

Published 30 Jun, 2014 06:57am

Financial

South Korea won hits near 6-year peak, intervention curbs gains

SEOUL: The South Korean won scaled near a six-year peak against the dollar on Monday morning, but it came off session hi

Published 30 Jun, 2014 06:54am

Financial

Dollar sinks deeper after poor US data

TOKYO: The dollar drifted lower in Asia on Monday as a string of disappointing US data last week put pressure on the cur

Published 30 Jun, 2014 05:39am

Financial

Dollar sinks deeper after poor US data

TOKYO: The dollar drifted lower in Asia on Monday as a string of disappointing US data last week put pressure on the cur

Published 30 Jun, 2014 04:02am

Financial

China's yuan rises to 2-week high, outlook brightens

HONG KONG: China's yuan rose to two-week highs against the dollar on Friday, despite a weaker midpoint fixing, as se

Published 27 Jun, 2014 01:17pm

Financial

Won leads weekly Asia FX gains after soft US data

SINGAPORE: The South Korean won hit a near four-year high on Friday, leading weekly gains among emerging Asian currencie

Published 27 Jun, 2014 01:16pm

Financial

Won leads weekly Asia FX gains after soft US data; rupiah turns up

SINGAPORE: The South Korean won hit a near six-year high on Friday, leading weekly gains among emerging Asian currencies

Published 27 Jun, 2014 01:07pm

Financial

Sri Lanka rupee tad weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended slightly weaker on Friday on importer dollar demand, while the central bank curbed t

Published 27 Jun, 2014 12:25pm

Financial

Indian rupee snaps four-week fall; seen ranged near-term

MUMBAI: The Indian rupee snapped a four-week falling streak while also gaining slightly on the day as continued foreign

Published 27 Jun, 2014 12:19pm

Financial

Dollar eases in Asian trade after losses on Wall Street

TOKYO: The dollar edged down against the yen and the euro in Asian trade on Friday after uninspiring US data and a slide

Published 27 Jun, 2014 06:21am

Financial

Sri Lanka rupee recovers on remittances, exporter dollar sales

COLOMBO: The Sri Lankan rupee pulled back from early losses on Thursday due to inflows from remittances and exporter con

Published 26 Jun, 2014 12:15pm

Financial

Indian rupee ends weak on importer dollar buy, FX inflows good

MUMBAI: The Indian rupee ended weak on Thursday, dragged down by month-end importer dollar demand and lower stocks, whil

Published 26 Jun, 2014 12:14pm

Financial

South Korean won logs best day in 7 weeks; stocks rebound

SEOUL: The South Korean won strengthened against the dollar, posting its largest daily gain in seven weeks as the greenb

Published 26 Jun, 2014 07:45am

Financial

Sri Lanka rupee weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee traded at a more than three-week low on Thursday due to importer dollar demand, while the

Published 26 Jun, 2014 07:33am

Financial

Dollar edges down in Asia trade

TOKYO: The dollar edged down in Asia on Thursday as Japanese exporters bought up the yen and following data showing the

Published 26 Jun, 2014 06:07am

Financial

China's yuan set for 2nd consecutive weekly drop

HONG KONG: China's yuan edged higher on Thursday but looked set for its second straight weekly loss against the doll

Published 26 Jun, 2014 05:25am

Financial

Dollar edges down in Asia trade

TOKYO: The dollar edged down in Asia on Thursday as Japanese exporters bought up the yen and following data showing the

Published 26 Jun, 2014 04:15am

Financial

Sri Lanka rupee tad weaker on importer dollar demand; Iran crude concerns hurt

COLOMBO: The Sri Lankan rupee closed at a three-week low on Wednesday due to importer dollar demand, while dealers expec

Published 25 Jun, 2014 12:33pm

Financial

Indian rupee recovers after hitting 1-week low, good inflows seen

MUMBAI: The Indian rupee hit a one-week low on Wednesday, weighed down by losses in other Asian currencies and shares bu

Published 25 Jun, 2014 12:31pm

Financial

China currency regulator says to encourage forex derivatives

BEIJING: China will encourage banks to sell a greater variety of foreign exchange derivatives as part of a plan to stead

Published 25 Jun, 2014 12:18pm

Financial

Rupiah leads Asia FX slides on oil, election concerns

SINGAPORE: The rupiah fell to its lowest level in more than four months on Wednesday, pressured by worries about Indones

Published 25 Jun, 2014 10:19am

Financial

Importer dollar demand drags Sri Lanka rupee down; Iran crude concerns weigh

COLOMBO: The Sri Lankan rupee fell to a three-week low on Wednesday due to importer dollar demand, while dealers said th

Published 25 Jun, 2014 07:53am

Financial

Indonesian rupiah falls to weakest level in more than 4 months

SINGAPORE: The Indonesian rupiah fell to its weakest in more than four months on Wednesday on worries about the country&

Published 25 Jun, 2014 07:33am

Financial

Pound sags after less hawkish BoE, G3 currencies adrift

SYDNEY: The British pound nursed losses on Wednesday after comments from the Bank of England governor cooled expectation

Published 25 Jun, 2014 07:26am

Financial

China's yuan slips, recovery expected in H2

HONG KONG: China's yuan slipped against the dollar on Wednesday after the central bank set a weaker midpoint to refl

Published 25 Jun, 2014 07:03am

Financial

Dollar moves narrowly in Asia trade

TOKYO: The dollar held up against the yen and euro in Asia on Wednesday as dealers await the release of key US data late

Published 25 Jun, 2014 05:13am

Financial

Sri Lanka rupee weaker on import demand; Iran crude import concerns weigh

COLOMBO: The Sri Lankan rupee ended at a three-week low on Tuesday on importer dollar demand, while dealers voiced conce

Published 24 Jun, 2014 12:21pm

Financial

Indian rupee snaps two-day fall as shares gain

MUMBAI: The Indian rupee gained on Tuesday, snapping a two-session falling streak as gains in the domestic share market

Published 24 Jun, 2014 12:20pm

Financial

Sri Lanka rupee edges down on import demand; concerns remain over Iran crude

COLOMBO: The Sri Lankan rupee traded slightly weaker on Tuesday as importer dollar demand outpaced greenback sales by ex

Published 24 Jun, 2014 07:46am

Financial

Euro holds up against dollar in Asia

TOKYO: The euro held up against the dollar in Asia on Tuesday despite poor economic data for the 18-nation eurozone poin

Published 24 Jun, 2014 06:07am

Financial

Australian and NZ dollars take breather, seek fresh catalyst

WELLINGTON/SYDNEY: The Australian and New Zealand dollars settled into a slim trading range on Tuesday in the absence of

Published 24 Jun, 2014 05:44am

Financial

Dollar bloc currencies outshine G3, Japan growth strategy eyed

SYDNEY/TOKYO: The dollar-bloc currencies held onto gains on Tuesday, having outperformed their G3 peers on optimism abou

Published 24 Jun, 2014 05:39am

Financial

China's yuan steady, central bank and oil prices in focus

HONG KONG: China's yuan was broadly unchanged on Tuesday in subdued trading, as firmer oil prices offset optimism fr

Published 24 Jun, 2014 05:35am

Financial

Euro holds up against dollar in Asia

TOKYO: The euro held up against the dollar in Asia on Tuesday despite poor economic data for the 18-nation eurozone poin

Published 24 Jun, 2014 04:06am

Financial

Aussie, Kiwi up after China survey, Canadian dollar at 5-month high

LONDON: The Australian and New Zealand dollars both jumped about half a percent on Monday after a survey pointed to the

Published 23 Jun, 2014 01:14pm

Financial

Indian rupee ends down on importer demand, weak shares

MUMBAI: The Indian rupee moved in a tight range on Monday as positive sentiment due to gains in other Asian shares and c

Published 23 Jun, 2014 12:21pm

Financial

Dollar stays firm on US optimism, but risks loom

TOKYO: The dollar maintained its strength during Asian trade on Monday, buoyed by optimism about the pace of the US reco

Published 23 Jun, 2014 04:31am

Financial

China's yuan rises for 2nd day on stronger midpoint, improved sentiment

SHANGHAI: China's yuan rose modestly against the dollar for the second day on Friday, buoyed by a marginally stronge

Published 20 Jun, 2014 01:49pm

Financial

Solid US data, firm oil prices hurt Asia FX; Philippine peso bucks trend

SINGAPORE: Most emerging Asian currencies eased on Friday after strong US data, and were set to show weekly losses as co

Published 20 Jun, 2014 01:22pm

Financial

Sri Lanka rupee edges up on remittances; seen stable

COLOMBO: The Sri Lankan rupee ended firmer on Friday after two days of falls as inward remittances outpaced importer dol

Published 20 Jun, 2014 12:42pm

Financial

Dollar edges down in Asia

TOKYO: The dollar edged down in Asia Friday, extending losses in New York that were driven by dovish comments from the h

Published 20 Jun, 2014 06:09am

Financial

Dollar edges down in Asia

TOKYO: The dollar edged down in Asia Friday, extending losses in New York that were driven by dovish comments from the h

Published 20 Jun, 2014 05:15am

Financial

Yuan sees first bullish bets in 4 months; rupee long positions cut

SINGAPORE: Investor sentiment on most emerging Asian currencies improved over the last two weeks, with the first bullish

Published 19 Jun, 2014 09:14am

Financial

Sri Lanka rupee down on importer dollar demand

COLOMBO: The Sri Lankan rupee fell for a second straight session on Thursday on dollar demand from importers, dealers sa

Published 19 Jun, 2014 09:13am

Financial

NZ dollar jumps to record highs on trade basis after Fed

WELLINGTON/SYDNEY: The New Zealand dollar vaulted to a lifetime high against a basket of currencies on Thursday, and alo

Published 19 Jun, 2014 06:41am

Financial

India rupee rises to 60 per dollar on dovish Fed comments

MUMBAI: The Indian rupee strengthened to 60 per dollar on Thursday, its highest in almost a week, after the US Federal R

Published 19 Jun, 2014 06:38am

Financial

China's yuan rebounds on stronger midpoint, bullish officials

SHANGHAI: China's yuan rebounded modestly against the dollar on Thursday, buoyed by a slightly stronger central bank

Published 19 Jun, 2014 06:36am

Financial

Dollar flat in Asia after Fed meeting

TOKYO: The dollar hovered in a narrow range in Asia on Thursday, bookended by dip-buying and selling pressure after the

Published 19 Jun, 2014 05:56am

Financial

Dollar flat in Tokyo as stocks rise

TOKYO: The dollar hovered in a narrow range in Tokyo Thursday, bookended by dip-buying and selling pressure after the US

Published 19 Jun, 2014 04:29am

Financial

US inflation hits Asia FX before Fed; rupiah near 4-month low

SINGAPORE: The Indonesian rupiah hit a four-month low, leading losses among emerging Asian currencies on Wednesday as st

Published 18 Jun, 2014 08:00am

Financial

Dollar firm ahead of Fed policy decision

TOKYO: The dollar held steady in Asia on Wednesday as investors awaited the end of a two-day US Federal Reserve policy m

Published 18 Jun, 2014 06:51am

Financial

Sri Lanka rupee flat at near 1-year high after central bank keeps rates steady

COLOMBO: The Sri Lankan rupee traded little changed on Wednesday, at its highest level in nearly a year after the centra

Published 18 Jun, 2014 06:34am

Financial

South Korean won skids for a 5th day before Fed meeting outcome

SEOUL: The South Korean won ended slightly weaker against the dollar on Wednesday, easing for a fifth straight session a

Published 18 Jun, 2014 06:32am

Financial

South Korean won on track for 5th day of losses, stocks edge down

SEOUL: The South Korean won eased slightly against the dollar on Wednesday morning, and looks set to post a fifth day of

Published 18 Jun, 2014 05:58am

Financial

Dollar firm, stocks subdued as inflation adds to Fed risk

SYDNEY: The dollar held firm with higher Treasury yields on Wednesday after a surprisingly high reading for US inflation

Published 18 Jun, 2014 05:56am

Financial

Australian and NZ dollars mark time as Fed outcome looms

SYDNEY/WELLINGTON: The Australian dollar steadied on Wednesday, a day after suffering its biggest one-day fall in nearly

Published 18 Jun, 2014 05:49am

Financial

Dollar firm ahead of Fed policy decision

TOKYO: The dollar held steady in Asia on Wednesday as investors await the end of a two-day US Federal Reserve policy mee

Published 18 Jun, 2014 05:29am

Financial

Indian rupee snaps two days of falls; central bank chief assurance helps

MUMBAI: The Indian rupee snapped two sessions of falls and recovered from a near two-month low on Tuesday after the cent

Published 17 Jun, 2014 12:21pm

Financial

Sri Lanka rupee steady at near 1-year high

COLOMBO: The Sri Lankan rupee ended little changed on Tuesday, at its highest level in nearly a year on Monday, as light

Published 17 Jun, 2014 12:14pm

Financial

Sri Lanka rupee weakens from near 1 year high on importer demand

COLOMBO: The Sri Lankan rupee traded little changed on Tuesday, from its highest level in nearly a year on Monday, as li

Published 17 Jun, 2014 07:17am

Financial

Dollar firms in Asia on Japan pension overhaul plan

TOKYO: The dollar and euro rose against the yen in Asia on Tuesday as investors bet Japan's public pension fund, the

Published 17 Jun, 2014 06:53am

Financial

South Korean won slips for a 4th day, stocks edge higher

SEOUL: The South Korean won weakened against the dollar on Tuesday for the fourth straight session as escalating violenc

Published 17 Jun, 2014 06:09am

Financial

South Korean won headed for 4th straight loss, stocks edge up

SEOUL: The South Korean won edged lower against the dollar early on Tuesday and appeared headed for a fourth day of loss

Published 17 Jun, 2014 05:44am

Financial

Australia dollar slips on dovish RBA, NZ dollar subdued

WELLINGTON/SYDNEY: The Australia dollar lost some altitude on Tuesday following dovish comments by the Reserve Bank of A

Published 17 Jun, 2014 05:42am

Financial

China's yuan slips after PBOC dashes appreciation hopes

SHANGHAI: China's yuan dropped against the dollar for the second session on Tuesday, dashing hopes of those who saw

Published 17 Jun, 2014 05:19am

Financial

Dollar firms in Asia on Japan pension overhaul plan

TOKYO: The dollar and euro rose against the yen in Asia on Tuesday as investors bet Japan's public pension fund, the

Published 17 Jun, 2014 05:09am

Financial

Indian rupee hits over one-month low as oil prices, inflation hurt

MUMBAI: The Indian rupee weakened to its lowest level in more than a month on Monday as surging crude oil prices threate

Published 16 Jun, 2014 12:41pm

Financial

Sri Lanka rupee up to near 1-year high on inward remittances

COLOMBO: The Sri Lankan rupee edged up on Monday to its highest level in nearly one year on strong inward remittances, w

Published 16 Jun, 2014 11:59am

Financial

Yen firms in Asia on Iraq, pound hit 5-year high

TOKYO: The yen rallied in Asia Monday on growing fears about the Iraq crisis, while the pound hit a near five-year high

Published 16 Jun, 2014 09:44am

Financial

Sri Lanka rupee hits near 1-year high on inward remittances

COLOMBO: The Sri Lankan rupee edged up on Monday to its highest level in nearly one year on strong inward remittances wh

Published 16 Jun, 2014 09:36am

Financial

Iraq insurgency, higher oil hurt Asia FX; rupee hits 6-week low

SINGAPORE: Most emerging Asian currencies fell on Monday as the Iraqi insurgency lifted oil prices and dented investor a

Published 16 Jun, 2014 08:49am

Financial

China's yuan slips as PBOC signals range-bound trading

SHANGHAI: China's yuan weakened slightly against the dollar on Monday after the central bank set a weaker midpoint i

Published 16 Jun, 2014 06:54am

Financial

South Korean won eases for 3rd day as Iraq unrest weighs, stocks flat

SEOUL: The South Korean won eased against the dollar for a third straight session on Monday, as rising tension in Iraq d

Published 16 Jun, 2014 06:51am

Financial

Australian & NZ dollars run into light profit-taking

SYDNEY/WELLINGTON: The Australia and New Zealand dollars drifted off multi-week highs against the US dollar and euro on

Published 16 Jun, 2014 06:21am

Financial

Dollar dips versus yen, euro remains under pressure

TOKYO: The dollar dipped versus the yen on Monday, taking a cue from weaker Tokyo equities, although potentially decisiv

Published 16 Jun, 2014 06:20am

Financial

Australian dollar high, could fall at some point

SYDNEY: The Australian dollar is at a high level given falls in prices for the country's major commodity exports, a

Published 16 Jun, 2014 05:56am

Financial

Indian rupee hits over one-month low as oil prices surge

MUMBAI: The Indian rupee weakened to its lowest level in more than a month on Monday as surging crude oil prices threate

Published 16 Jun, 2014 05:45am

Financial

Yen firms in Asia on Iraq, Ukraine jitters

TOKYO: The yen climbed against the dollar and euro in Asia Monday as fears grow about violent unrest in Iraq and possibl

Published 16 Jun, 2014 05:45am

Financial

Yen firms in Asia on Iraq, Ukraine jitters

TOKYO: Traders bought the yen on Monday in Asia as fears grow about violent unrest in Iraq and possible gas supply disru

Published 16 Jun, 2014 03:50am

Financial

Yen slips as BoJ calls for more reform in Tokyo

WASHINGTON: The yen slipped against the dollar and euro Friday after Bank of Japan governor Haruhiko Kuroda called for t

Published 13 Jun, 2014 09:29pm

Financial

Yuan helps Asia FX counter Iraq worries, baht at 3-week high

SINGAPORE: The Thai baht rose to its strongest level in more than three weeks on Friday and most emerging Asian currenci

Published 13 Jun, 2014 01:24pm

Financial

Indian rupee sees biggest fall in 4-1/2 months on Iraq worries

MUMBAI: The Indian rupee saw its biggest single-day fall in four-and-a-half months on Friday as escalating civil war in

Published 13 Jun, 2014 01:06pm

Financial

Yen edges down in Asia after BoJ holds fire on easing

TOKYO: The dollar edged up against the yen Friday after the Bank of Japan (BoJ) stood pat on its stimulus programme, par

Published 13 Jun, 2014 05:44am

Financial

Won cuts losses after central bank comments; yuan supports Asia FX

SINGAPORE: The South Korean won eased on Thursday, but cut some of its losses after the central bank chief said effects

Published 12 Jun, 2014 01:54pm

Financial

Indian rupee ends marginally higher; CPI watched for cues

MUMBAI: The Indian rupee closed slightly stronger on Thursday, tracking gains in shares but investors largely stayed on

Published 12 Jun, 2014 12:52pm

Financial

Dollar edges up against yen in Asia after US tumble

TOKYO: The dollar inched up against the yen in Asia Thursday after tumbling in New York as the Bank of Japan kicked off

Published 12 Jun, 2014 06:33am

Financial

Dollar edges up against yen in Asia after US tumble

TOKYO: The dollar inched up against the yen in Asia Thursday after tumbling in New York as the Bank of Japan kicks off a

Published 12 Jun, 2014 05:09am

Financial

Sri Lanka rupee edges up as state banks lower dollar-buying rate

COLOMBO: The Sri Lankan rupee edged up to hit a near one-year high on Wednesday as dollar sales by banks and exporters s

Published 11 Jun, 2014 12:53pm

Financial

Indian rupee wedged in tight band; retail inflation in focus

MUMBAI: The Indian rupee held in a tight range on Wednesday as lack of fresh domestic triggers prompted investors to sta

Published 11 Jun, 2014 12:28pm

Financial

Euro dips in Asia ahead of ECB comments

TOKYO: The euro dipped in Asia on Wednesday as investors looked to comments from European Central Bank officials later i

Published 11 Jun, 2014 07:45am

Financial

South Korean won hovers near 6 year high, foreign capital inflow extended

SEOUL: The South Korean won strengthened against dollar on Wednesday, lingering around a near six-year high on stock inf

Published 11 Jun, 2014 06:43am

Financial

Euro under a cloud in Asia, stocks sit on gains

SYDNEY: The euro came under mounting pressure on Wednesday as the European Central Bank's embrace of negative intere

Published 11 Jun, 2014 06:39am

Financial

Australian dollar climbs to 7 month peak vs euro in yield search

SYDNEY/WELLINGTON: The Australian dollar climbed to seven-month peaks against a soggy euro and Swiss franc on Wednesday,

Published 11 Jun, 2014 05:49am

Financial

Euro under fire in Asia, stocks sit on gains

SYDNEY: The euro came under mounting pressure on Wednesday as the European Central Bank's embrace of negative intere

Published 11 Jun, 2014 05:47am

Financial

China's yuan breaks 3-day rising streak on central bank guidance

HONG KONG/SHANGHAI: China's currency consolidated recent gains on Wednesday after the People's Bank of China fix

Published 11 Jun, 2014 05:45am

Financial

South Korean won hovers near 6-year high; stocks shrug off MSCI move

SEOUL: The South Korean won gained modestly against the dollar on Wednesday morning, following a local foreign exchange

Published 11 Jun, 2014 05:43am

Financial

Euro slides in Asia in wake of ECB stimulus

TOKYO: The euro extended its slide in Asia on Wednesday as investors look to comments from European Central Bank officia

Published 11 Jun, 2014 05:05am

Financial

Sri Lanka rupee steady near 1-year high; gains curbed

COLOMBO: The Sri Lankan rupee ended steady near a one-year high on Tuesday as dollar sales by banks and exporters were o

Published 10 Jun, 2014 12:37pm

Financial

US yields pressure Asia FX, yuan climbs to strongest in more than a month

SINGAPORE: Most emerging Asian currencies eased on Tuesday as US Treasury yields lifted the dollar, while the Chinese yu

Published 10 Jun, 2014 08:46am

Financial

Dollar mixed in Asia trading

TOKYO: The dollar was mixed in Asia on Tuesday with few immediate trading cues to move markets, after sentiment got a bo

Published 10 Jun, 2014 06:44am

Financial

South Korea forex official denies report of plans to inspect banks

SEOUL: South Korea has no plans to inspect banks over foreign exchange trading but is looking into the surges in dollar/

Published 10 Jun, 2014 06:41am

Financial

Sri Lanka rupee steady near 1-year high; stocks little changed

COLOMBO: The Sri Lankan rupee was steady near its one-year high on Tuesday as dollar sales by banks and exporters were o

Published 10 Jun, 2014 06:26am

Financial

Dollar steady, draws support from rise in US yields

TOKYO: The dollar held steady versus a basket of major currencies on Tuesday, clinging to gains made the previous day th

Published 10 Jun, 2014 05:10am

Financial

Australia dollar hits 6-month highs vs euro & Swiss franc, NZ dollar firm

SYDNEY/WELLINGTON: The Australian dollar held near six-month highs against the euro and Swiss franc on Tuesday as yield-

Published 10 Jun, 2014 05:08am

Financial

China's yuan advances for 3rd day after another midpoint surprise

HONG KONG: China's yuan rose for a third consecutive day on Tuesday after the central bank again fixed the daily tra

Published 10 Jun, 2014 05:06am

Financial

Sri Lanka rupee ends near 1-year high; state banks curb volatility

COLOMBO: The Sri Lanka rupee ended near a one-year high on Monday as exporters and dollar sales by banks outpaced import

Published 09 Jun, 2014 12:13pm

Financial

Global economic recovery signs boost Asia FX, yuan jumps

SINGAPORE: Emerging Asian currencies rose on Monday as US and China data pointed to a strengthening global economic reco

Published 09 Jun, 2014 07:55am

Financial

South Korean won closes near 6-year high; stocks edge down

SEOUL: The South Korean won hit a near six-year peak against the dollar on Monday, supported by persistent stock inflows

Published 09 Jun, 2014 06:40am

Financial

Sri Lanka rupee hovers near 1 year high; state banks check volatility

COLOMBO: The Sri Lanka rupee traded near a one-year high on Monday as dollar sales by exporters and banks outpaced light

Published 09 Jun, 2014 06:34am

Financial

Dollar steady in Asia after solid jobs data

TOKYO: The dollar and euro held steady against the yen in Asia on Monday as confidence was boosted by upbeat US jobs dat

Published 09 Jun, 2014 06:04am

Financial

New Zealand and Australian dollars nudge higher, eye data

WELLINGTON: The New Zealand and Australian dollars traded a touch firmer in holiday dampened markets on Monday as invest

Published 09 Jun, 2014 05:53am

Financial

South Korean won up near 6-year high; stocks steady

SEOUL: The South Korean won rose to its strongest level in nearly six years early on Monday, playing catch-up to global

Published 09 Jun, 2014 05:51am

Financial

China's yuan rises on surprisingly strong midpoint, trade surplus

HONG KONG: China's yuan rose against the dollar on Monday after the central bank set the daily fixing higher, by the

Published 09 Jun, 2014 05:47am

Financial

China's yuan bounces after another surprisingly strong fix

HONG KONG: China's yuan jumped on Monday after the People's Bank of China fixed the daily midpoint surprisingly

Published 09 Jun, 2014 05:46am

Financial

Dollar steady in Asia after solid jobs data

TOKYO: The dollar and euro edged up against the yen in Asia on Monday as confidence was boosted upbeat US jobs data that

Published 09 Jun, 2014 04:57am

Financial

ECB easing, firm yuan lift Asia FX; ringgit up on trade data

SINGAPORE: Most emerging Asian currencies rose on Friday as the European Central Bank's policy easing boosted hopes

Published 06 Jun, 2014 03:14pm

Financial

Indian rupee ends stronger tracking shares; RBI checks rise

MUMBAI: The Indian rupee rose on Friday, tracking a rally in domestic shares to record highs, but broader gains were cap

Published 06 Jun, 2014 03:05pm

Financial

Sri Lanka rupee near 1 year high; central bank allows gradual appreciation

COLOMBO: The Sri Lankan rupee ended firmer near a one-year high on Friday as dollar sales by exporters and banks offset

Published 06 Jun, 2014 03:01pm

Financial

Euro dips in Asia after ECB easing measures

TOKYO: The euro dipped a touch in Asia on Friday after the European Central Bank (ECB) launched unprecedented easing mea

Published 06 Jun, 2014 07:03am

Financial

Euro dips in Asia after ECB easing measures

TOKYO: The euro dipped a touch in Asia on Friday after the European Central Bank (ECB) launched unprecedented easing mea

Published 06 Jun, 2014 04:36am

Financial

Indian rupee ends flat; RBI intervention seen

MUMBAI: The Indian rupee ended steady on Thursday after trading in a tight range for much of the session, as gains in lo

Published 05 Jun, 2014 12:27pm

Financial

Sri Lanka rupee near 1-yrar high; state banks lower dollar-buying rate

COLOMBO: The Sri Lankan rupee ended near a one-year high on Thursday as exporters and banks sold dollars, while state ba

Published 05 Jun, 2014 12:22pm

Financial

Sri Lanka rupee near 1 year high; state banks lower dollar-buying rate

COLOMBO: The Sri Lankan rupee rose on Thursday to near its one-year high as exporters and banks sold dollars, while stat

Published 05 Jun, 2014 08:33am

Financial

Baht short positions near 4-month high, rupiah pessimism revives

SINGAPORE: Short positions in the Thai baht rose to a near four-month high in the last two weeks after the military seiz

Published 05 Jun, 2014 08:08am

Financial

Australian & NZ dollars sidelined as ECB holds centre stage

SYDNEY/WELLINGTON: The New Zealand dollar dangled near three-month lows on Thursday and the Aussie struggled to make hea

Published 05 Jun, 2014 05:41am

Financial

Euro near four-month lows as ECB looms; yen gets respite

SYDNEY/SINGAPORE: The euro languished near four-month lows on Thursday with investors firmly sidelined as they waited to

Published 05 Jun, 2014 05:21am

Financial

Weakening of rupiah is only temporary

JAKARTA: The weakening of the Indonesian rupiah will only be temporary, Bank Indonesia senior deputy governor Mirza Adit

Published 05 Jun, 2014 05:15am

Financial

Yuan weakens slightly on central bank guidance but stays range-bound

SHANGHAI: The Chinese yuan softened slightly on Thursday following a weaker official guidance rate from the central bank

Published 05 Jun, 2014 05:13am

Financial

Yen up in Asia as cautious investors eye ECB meeting

TOKYO: The yen ticked up in Asia on Thursday as cautious investors bought the unit on the back of weak US jobs data and

Published 05 Jun, 2014 04:52am

Financial

High US yields hit Asia FX, rupiah near 4-month low

SINGAPORE: The Indonesian rupiah hit a near four-month low on Wednesday, leading a decline among emerging Asian currenci

Published 04 Jun, 2014 12:53pm

Financial

Sri Lankan rupee firmer on exporter, bank dollar sales

COLOMBO: The Sri Lankan rupee ended firmer on Wednesday as exporters and banks sold dollars due to tight rupee liquidity

Published 04 Jun, 2014 12:34pm

Financial

Indian rupee edges up on dollar inflows, importer demand caps rise

MUMBAI: The Indian rupee edged higher on Wednesday on foreign fund inflows into debt and equity, though a sharper rise w

Published 04 Jun, 2014 12:32pm

Financial

Dollar rises ahead of ECB meet, US jobs data

TOKYO: The dollar rose in Asia on Wednesday with investors expecting a solid US jobs report in the coming days and for t

Published 04 Jun, 2014 05:05am

Financial

Indian rupee hits near 3-week low; RBI, importers buy dollars

MUMBAI: The Indian rupee hit a near three-week low and weakened for a fourth consecutive session on Tuesday as the centr

Published 03 Jun, 2014 03:17pm

Financial

Dollar near 4-month high as data lifts sentiment, euro wary of ECB

SYDNEY/TOKYO: The dollar hovered near a four-month high against a basket of major currencies early on Tuesday, bolstered

Published 03 Jun, 2014 11:10am

Financial

China's yuan edges firmer, traders suspect influx of IPO dollars

SHANGHAI: China's yuan firmed marginally against the dollar on Tuesday despite the central bank setting a weaker mid

Published 03 Jun, 2014 11:06am

Financial

A$ & NZ$ edge up after no surprises by RBA

SYDNEY/WELLINGTON: The Australian dollar inched up on Tuesday after the Reserve Bank of Australia (RBA) said the currenc

Published 03 Jun, 2014 11:04am

Financial

Sri Lanka rupee steady on state banks dollar buying; stocks slip

COLOMBO: The Sri Lankan rupee traded steady on Tuesday as dollar inflows from exporters and remittances were offset by s

Published 03 Jun, 2014 10:59am

Financial

Thai economic plan hopes lift baht; rupee falls on central bank

SINGAPORE: The Thai baht snapped a five-session losing streak on Tuesday as the military government listed urgent steps

Published 03 Jun, 2014 10:49am

Financial

Dollar steady in Asia after upbeat US manufacturing data

TOKYO: The dollar held steady in Asia on Tuesday after getting a lift from positive US and Chinese manufacturing data, w

Published 03 Jun, 2014 06:01am

Financial

Dollar steady in Asia after upbeat US manufacturing data

TOKYO: The dollar held steady in Asia on Tuesday after getting a lift from positive US and Chinese manufacturing data, w

Published 03 Jun, 2014 04:30am

Financial

India rupee weakens for third straight day; RBI policy watched

MUMBAI: The Indian rupee weakened for a third consecutive session on Monday as caution ahead of the central bank's p

Published 02 Jun, 2014 12:57pm

Financial

Sri Lanka rupee steady; state banks curb gains

COLOMBO: The Sri Lanka rupee ended steady on Monday as dollar inflows from remittances and banks' dollar sales were

Published 02 Jun, 2014 12:56pm

Financial

Dollar gains in Asia following upbeat China data

TOKYO: The dollar rose in Asia on Monday as upbeat Chinese manufacturing data lifted investor sentiment ahead of key US

Published 02 Jun, 2014 07:10am

Financial

Sri Lanka rupee steady amid upward pressure; state banks curb gains

COLOMBO: The Sri Lanka rupee traded steady on Monday as dollar inflows from remittances and banks' dollar sales were

Published 02 Jun, 2014 06:51am

Financial

South Korean won logs worst day in nearly 3 weeks; stocks rebound

SEOUL: The South Korean won posted its biggest daily loss versus the dollar in almost three weeks on Monday, with the gr

Published 02 Jun, 2014 06:26am

Financial

Australian dollar hit by weak local data in thinned markets

SYDNEY: The Australian dollar lost some altitude on Monday after disappointing data reinforced the case for the central

Published 02 Jun, 2014 05:59am

Financial

South Korea won headed for biggest loss in 3-weeks; stocks inch up

SEOUL: The South Korean won was headed for its biggest daily loss against the dollar in three weeks on Monday as suspect

Published 02 Jun, 2014 05:53am

Financial

Dollar gains in Asia following upbeat China data

TOKYO: The dollar rose in Asia on Monday as upbeat Chinese manufacturing data lifted investor sentiment ahead of key US

Published 02 Jun, 2014 05:08am

Financial

India rupee sees worst week in four months; gains on month

MUMBAI: The rupee weakened on Friday after trading in a tight band for much of the session as month-end dollar demand fr

Published 30 May, 2014 12:59pm

Financial

Dollar sinks deeper in Asia on low US bond yields

TOKYO: The dollar fell further in Asia on Friday with investors discouraged by low yields on US bonds and caution ahead

Published 30 May, 2014 05:50am

Financial

Dollar sinks deeper in Asia on low US bond yields

TOKYO: The dollar fell further in Asia on Friday with investors discouraged by low yields on US bonds and caution ahead

Published 30 May, 2014 04:17am

Financial

Sri Lanka rupee edges down on importer dollar demand; state bank defends

COLOMBO: The Sri Lankan rupee ended weaker on Thursday on thin importer dollar demand amid greenback sales by a state ba

Published 29 May, 2014 01:00pm

Financial

India rupee falls on month-end importer demand, weak shares hurt

MUMBAI: The Indian rupee weakened for a fourth session in five on Thursday as continued month-end dollar demand from oil

Published 29 May, 2014 12:48pm

Financial

Dollar falls in Asia ahead of revised US growth data

TOKYO: The dollar weakened against the yen and euro in Asia Thursday as markets await the release of US indicators later

Published 29 May, 2014 07:50am

Financial

Sri Lanka rupee weaker on importer dollar demand; state bank defends

COLOMBO: The Sri Lankan rupee traded weaker on Thursday on thin importer dollar demand amid greenback sales by a state b

Published 29 May, 2014 07:02am

Financial

South Korean won ends slightly higher amid suspected intervention

SEOUL: The South Korean won ended firmer on Thursday, after it hit a new high for the year on month-end demand from expo

Published 29 May, 2014 06:39am

Financial

China's yuan snaps 5-day losing streak but outlook wary

HONG KONG: China's yuan broke a five-day losing streak and edged higher on Thursday as investors judged that a recen

Published 29 May, 2014 05:30am

Financial

Dollar falls in Asia ahead of revised US growth data

TOKYO: The dollar weakened against the yen and euro in Asia Thursday as markets await the release of US indicators later

Published 29 May, 2014 04:49am

Financial

China 9-month fin min deposits sold at 4.60 percent

SHANGHAI: China's central bank auctioned 40 billion yuan ($6.39 billion) of nine-month finance ministry deposits to

Published 29 May, 2014 04:34am

Financial

South Korean won steady on suspected intervention, stocks inch down

SEOUL: The South Korean won held its ground on Thursday morning, even as local foreign exchange authorities were spotted

Published 29 May, 2014 04:24am

Financial

Australian dollar cheered by solid investment outlook, NZ dollar sags

SYDNEY/WELLINGTON: The Australian dollar gained on Thursday, underpinned by an encouraging outlook for Australian busine

Published 29 May, 2014 04:19am

Financial

US data, weak yuan drag on Asia FX; won, Singapore dollar up on exporters

SINGAPORE: Most emerging Asian currencies eased on Wednesday, pressured by a stronger US dollar and a weaker Chinese yua

Published 28 May, 2014 12:58pm

Financial

India rupee snaps three-day fall on good dollar inflows

MUMBAI: The Indian rupee snapped a three-day losing streak on Wednesday as dollar inflows related to foreign funds and c

Published 28 May, 2014 12:15pm

Financial

Sri Lanka rupee weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended weaker on Wednesday on importer dollar demand, but dealers expect the local currency

Published 28 May, 2014 12:09pm

Financial

Sri Lanka rupee weaker on importer dollar demand; stocks down

COLOMBO: The Sri Lankan rupee traded weaker on Wednesday on importer dollar demand, but dealers expect the local currenc

Published 28 May, 2014 07:38am

Financial

Dollar holds steady in Asia

TOKYO: The dollar held largely steady against the yen in Asia on Wednesday after enjoying a pick-up in New York thanks t

Published 28 May, 2014 06:46am

Financial

NZ dollar eases on fall in business sentiment, Australian dollar steady

SYDNEY/WELLINGTON: The New Zealand dollar eased on Wednesday after a private survey showed a sharp slide in business sen

Published 28 May, 2014 05:50am

Financial

China's yuan heads towards 18-month lows on economy worries

HONG KONG: China's yuan flirted with fresh 18-month lows against the dollar on Wednesday as investors focused on a r

Published 28 May, 2014 05:19am

Financial

Dollar holds steady in Asia

TOKYO: The dollar held steady against the yen in Asia on Wednesday after enjoying a pick-up in New York thanks to an upb

Published 28 May, 2014 05:06am

Financial

Sri Lanka rupee ends steady; importer demand offsets early dollar sales

COLOMBO: The Sri Lankan rupee ended steady on Tuesday as late importer dollar demand offset early exporter greenback sal

Published 27 May, 2014 01:39pm

Financial

India rupee sees worst fall in over two months; eyes set on new fin min

MUMBAI: The Indian rupee posted its biggest single-day fall in more than two months on Tuesday, dropping for a third str

Published 27 May, 2014 01:31pm

Financial

Sri Lanka rupee up on exporter dollar sales; stx down

COLOMBO: The Sri Lankan rupee traded firmer on Tuesday as exporter dollar sales outpaced thin greenback demand from impo

Published 27 May, 2014 07:39am

Financial

Euro drifts off low but US holiday saps momentum

SYDNEY: The euro struggled to gain any momentum early in Asia on Tuesday after drifting off a three-month low against th

Published 27 May, 2014 05:00am

Financial

Australian and NZ dollars at one-week highs vs yen, broadly firmer

SYDNEY/WELLINGTON: The Australian and New Zealand dollars rose to one-week highs against the yen on Tuesday with gains i

Published 27 May, 2014 04:41am

Financial

China's yuan slips, seen rangebound in short term

HONG KONG: China's yuan fell against the dollar on Tuesday after the central bank set the midpoint near its weakest

Published 27 May, 2014 04:22am

Financial

Sri Lanka rupee ends tad firmer

COLOMBO: The Sri Lankan rupee ended a tad up on Monday as late dollar sales by a foreign bank offset importer demand for

Published 26 May, 2014 12:27pm

Financial

India rupee sees biggest single-day fall in a month; FM awaited

MUMBAI: The Indian rupee saw its biggest decline in a month on Monday as investors covered short dollar positions ahead

Published 26 May, 2014 12:23pm

Financial

Stocks support Asia FX in thin trading; baht underperforms on politics

SINGAPORE: Most emerging Asian currencies rose on Monday with regional shares at a one-year high, while the Thai baht un

Published 26 May, 2014 07:54am

Financial

Sri Lanka rupee steady in dull trade; bourse up

COLOMBO: The Sri Lankan rupee traded steady on Monday in light business as importer demand for dollars absorbed exporter

Published 26 May, 2014 06:50am

Financial

Euro down in Asia on weak German business confidence

TOKYO: The euro extended its losses against the dollar in Asia on Monday after hitting a three-month low last week in re

Published 26 May, 2014 06:18am

Financial

Euro still in the doldrums, ECB Draghi speech in focus

SYDNEY: The euro slipped early on Monday, while the other major currencies got off to a steady start as the results of a

Published 26 May, 2014 05:05am

Financial

Australian and NZ dollars subdued, hold gains vs euro

SYDNEY/WELLINGTON: The Australian and New Zealand dollars struggled to make headway on Monday against their US counterpa

Published 26 May, 2014 04:50am

Financial

Yuan consolidates after weakest midpoint in eight months

HONG KONG: China's yuan slipped on Monday after its central bank fixed the daily trading midpoint against the dollar

Published 26 May, 2014 04:44am

Financial

Indian rupee hits 11-month high before RBI steps in

MUMBAI: The Indian rupee retreated from an 11-month high to fall on Friday as the central bank stepped in to temper gain

Published 23 May, 2014 02:54pm

Financial

Buoyant sentiment boosts dollar in Asia trade

TOKYO: Buoyant investor sentiment lifted the dollar against the yen and euro in Asia on Friday, while the Thai baht logg

Published 23 May, 2014 04:31am

Financial

Sri Lanka rupee ends tad weaker on importer dollar demand

COLOMBO: The Sri Lanka rupee edged down on Thursday as late importer dollar demand outpaced greenback inflows, but deale

Published 22 May, 2014 12:30pm

Financial

Indian rupee sees biggest single-day rise in nearly a week

MUMBAI: The Indian rupee posted its biggest single-day rise in nearly a week after Reuters reported that India's fin

Published 22 May, 2014 12:24pm

Financial

Bullish India rupee bets largest in over 2 years

SINGAPORE: Investors built up the largest bullish bets on the Indian rupee in more than two years in recent weeks, while

Published 22 May, 2014 09:43am

Financial

China PMI, Fed relief support Asia FX; baht firms on political hopes

SINGAPORE: Most emerging Asian currencies rose on Thursday, underpinned by improved Chinese factory activity and after t

Published 22 May, 2014 09:38am

Financial

Sri Lanka rupee steady despite upward pressure; stocks slip

COLOMBO: The Sri Lanka rupee was steady on Thursday as importer dollar demand offset greenback inflows, but dealers expe

Published 22 May, 2014 08:59am

Financial

Dollar gains in Asia on Fed meeting minutes

TOKYO: The dollar rallied in Asia Thursday after minutes from the Federal Reserve's April policy meeting showed it w

Published 22 May, 2014 07:17am

Financial

Sri Lanka rupee rebounds, ends up on exporter dollar sales

COLOMBO: The Sri Lanka rupee ended slightly firmer on Wednesday, recovering from early losses as late exporter dollar sa

Published 21 May, 2014 12:22pm

Financial

Indian rupee falls for second day; oil cos buy, shares retreat

MUMBAI: The Indian rupee weakened for a second consecutive session on Wednesday, weighed down by large demand for dollar

Published 21 May, 2014 12:19pm

Financial

Weak risk sentiment hurts Asia FX; baht up on calm after martial law

SINGAPORE: Most emerging Asian currencies eased on Wednesday as risk sentiment soured, though the Thai baht rose as the

Published 21 May, 2014 08:19am

Financial

Sri Lanka rupee tad weaker on importer dollar demand; stocks slip

COLOMBO: The Sri Lankan rupee traded a tad weaker on Wednesday as a state bank bought dollars to pay import bills amid s

Published 21 May, 2014 07:44am

Financial

Yen rises in Asia after BoJ holds fire on easing measures

TOKYO: The yen rose against the dollar in Asia on Wednesday after the Bank of Japan (BoJ) held off fresh easing measures

Published 21 May, 2014 06:29am

Financial

China's yuan steady, seen stabilising for now

SHANGHAI: China's yuan barely moved against the dollar on Wednesday, sustaining its recent trend, after the central

Published 21 May, 2014 06:02am

Financial

Wounded dollar eyes BoJ, Aussie slides to 2-week low

TOKYO: Lower US Treasury yields held the dollar near a 3-1/2 month low against the yen early on Wednesday, with markets

Published 21 May, 2014 05:41am

Financial

South Korean won eases slightly, stocks up on foreign inflows

SEOUL: The won was slightly weaker on Wednesday morning, on dollar demand following suspected intervention by South Kore

Published 21 May, 2014 05:24am

Financial

Australian and NZ dollars on the defensive, local data weighs

SYDNEY/WELLINGTON: The Australian dollar fell to a fresh 2-1/2-week low against the greenback on Wednesday, staying unde

Published 21 May, 2014 05:23am

Financial

Yen rises in Asia after BoJ holds fire on easing measures

TOKYO: The yen rose against the dollar in Asia on Wednesday after the Bank of Japan (BoJ) held off fresh easing measures

Published 21 May, 2014 04:54am

Financial

Sri Lanka rupee steady as rates unchanged; stocks ease

COLOMBO: The Sri Lankan rupee traded steady on Tuesday after the central bank held its key policy rates at multi-year lo

Published 20 May, 2014 12:10pm

Financial

Dollar firms in Asia as crisis-hit Thailand's baht slips

TOKYO: The dollar rose against the yen in Asia on Tuesday as investors await clues about future US and Japanese monetary

Published 20 May, 2014 06:45am

Financial

Dollar firms in Asia as crisis-hit Thailand's baht slips

TOKYO: The dollar firmed against the yen in Asia on Tuesday as investors await clues about future US and Japanese moneta

Published 20 May, 2014 04:38am

Financial

Indian rupee retreats from 11-month high on central bank intervention

MUMBAI: The Indian rupee strengthened to an 11-month high on Monday, gaining for a fourth consecutive session as strong

Published 19 May, 2014 04:07pm

Financial

Sri Lanka rupee ends steady ahead of policy rate decision

COLOMBO: The Sri Lankan rupee ended steady on Monday, a day ahead of a monetary policy decision by the central bank, as

Published 19 May, 2014 03:22pm

Financial

Rupiah weaker after Golkar move; ringgit leads Asia FX gains

SINGAPORE: The rupiah turned weaker on Monday after Indonesia's second largest party, Golkar, unexpectedly said it w

Published 19 May, 2014 08:59am

Financial

Sri Lanka rupee firmer ahead of rate decision; seen gaining

COLOMBO: The Sri Lankan rupee traded slightly firmer on Monday ahead of a looming policy rate decision by the central ba

Published 19 May, 2014 07:22am

Financial

Australia & NZ dollars firm, bond prices off highs

SYDNEY/WELLINGTON: The Australian and New Zealand dollars spent Monday on the sidelines with progress capped by stiff ch

Published 19 May, 2014 06:11am

Financial

Indian rupee hits 11 month high; RBI intervention in focus

MUMBAI: The Indian rupee rose to its strongest in 11 months against the dollar on expectations of continued robust forei

Published 19 May, 2014 05:56am

Financial

Euro inches up vs dollar in face of pressure on the upside

TOKYO/SYDNEY: The euro edged up slightly versus the dollar on Monday after two punishing weeks as investors waited for f

Published 19 May, 2014 05:37am

Financial

Dollar under pressure in Asia after mixed data

TOKYO: The dollar came under pressure in Asia Monday following mixed US data and simmering geopolitical concerns, while

Published 19 May, 2014 04:55am

Financial

Sri Lankan rupee edges up on inflows; seen gaining

COLOMBO: The Sri Lankan rupee traded firmer on Friday on dollar inflows from stock-related transactions amid dried-up im

Published 16 May, 2014 01:01pm

Financial

NY coffee faces resistance at $1.9660

SINGAPORE: New York July coffee faces resistance at $1.9660 per lb, a break above which will lead to a further gain to $

Published 16 May, 2014 12:49pm

Financial

India election result lifts rupee for week, most Asia currencies dip

SINGAPORE: The Indian rupee led gains among emerging Asian currencies on Friday as opposition parties were set to sweep

Published 16 May, 2014 12:26pm

Financial

Dollar weaker in Asia as US, eurozone data disappoint

TOKYO: The dollar was under pressure in Asia Friday following a disappointing batch of data out of the United States and

Published 16 May, 2014 06:19am

Financial

Dollar weakens in Asia as US, eurozone data disappoint

TOKYO: The dollar weakened in Asia Friday following a disappointing batch of data out of the United States and eurozone

Published 16 May, 2014 04:06am

Financial

Rupee leads Asia FX gains as India inflation eases

SINGAPORE: The Indian rupee hit a near 10-month high on Thursday after inflation eased, leading gains among emerging Asi

Published 15 May, 2014 08:28am

Financial

Euro pressured as ECB easing expectations push yields lower

TOKYO: The euro wallowed near six-week lows against the dollar on Thursday, weighed by lower government debt yields amid

Published 15 May, 2014 06:01am

Financial

Australian & NZ bonds track global rally, currencies subdued

SYDNEY: Australian and New Zealand government bonds surged on Thursday, tracking a global rally on heightened speculatio

Published 15 May, 2014 05:46am

Financial

Dollar weakens further as eyes turn to US, Europe data

TOKYO: The dollar extended the previous day's losses against the yen and euro in Asia Thursday as traders await the

Published 15 May, 2014 04:54am

Financial

Euro recovers in Asia after weak German investment survey

TOKYO: The euro was slightly firmer in Asia Wednesday after taking a hit from a drop in German investor confidence, whic

Published 14 May, 2014 06:18am

Financial

Euro mixed in Asia after weak German investment survey

TOKYO: The euro was mixed in Asia Wednesday after taking a hit from a drop in German investor confidence, which raised m

Published 14 May, 2014 04:02am

Financial

Sri Lankan rupee steady near 11-month high; stocks slip

COLOMBO: The Sri Lankan rupee was steady on Tuesday as exporter dollar conversions were offset by thin importer demand a

Published 13 May, 2014 06:16am

Financial

China's yuan sees respite from recent bruising

HONG KONG: China's yuan's crept higher on Tuesday but remained within striking distance of a 18-month low as inv

Published 13 May, 2014 05:38am

Financial

Dollar edges up in Asia

TOKYO: The dollar edged up against the yen in Asia Tuesday following a record close on Wall Street, while investors awai

Published 13 May, 2014 05:34am

Financial

Euro stabilises for now but seen shackled by ECB prospects

TOKYO: The euro stabilised near one-month lows against the dollar on Tuesday, although it remains under pressure as inve

Published 13 May, 2014 04:38am

Financial

PBOC to drain 97bn yuan via 28-day repos

SHANGHAI: China's central bank will drain 97 billion yuan ($15.6 billion)from the money markets through 28-day forwa

Published 13 May, 2014 04:35am

Financial

Aussie & kiwi steady vs dollar and euro; China data, Australian budget in focus

SYDNEY/WELLINGTON: The Australian and New Zealand dollars held gains versus their US counterpart and euro on Tuesday, wi

Published 13 May, 2014 04:27am

Financial

Sri Lankan rupee gains over 6-month high; state bank limits gain

COLOMBO: The Sri Lankan rupee traded firmer on Monday at its highest level in more than six months on stock-related infl

Published 12 May, 2014 08:50am

Financial

Profit-taking hurts Asia FX; rupee shines on election optimism

SINGAPORE: Most emerging Asian currencies eased on Monday with some investors taking profits from their gains last week,

Published 12 May, 2014 08:30am

Financial

Indian rupee strengthens to 10 month high on exit poll hopes

MUMBAI: Indian rupee rallied to its strongest level against the dollar since July 2013 on widespread hopes that exit pol

Published 12 May, 2014 06:13am

Financial

Australian & NZ dollars hold near one month highs vs euro

SYDNEY/WELLINGTON: The Australian dollar consolidated recent gains versus the US dollar and euro on Monday with markets

Published 12 May, 2014 05:10am

Financial

Euro stabilises but still in the doldrums on ECB threat

SYDNEY/SINGAPORE: The euro started the week on a steadier footing after two straight sessions of steep losses, but shoul

Published 12 May, 2014 05:09am

Financial

Dollar stable in Asia after surging on ECB talks

TOKYO: The dollar was sluggish in Asian trade Monday, but held on to last week's gains against the euro after Mario

Published 12 May, 2014 05:08am

Financial

China's yuan slips on PBOC guidance, market cautious

HONG KONG: China's yuan fell against the dollar on Monday after the central bank set the daily midpoint at its lowes

Published 12 May, 2014 04:45am

Financial

Sri Lankan rupee rises to over 10-month high as central bank allows gain

COLOMBO: The Sri Lankan rupee ended 0.06 percent firmer on Friday at its highest level in more than 10 months, as the ce

Published 09 May, 2014 02:25pm

Financial

India rupee hovers close to one-month high

MUMBAI: The Indian rupee gained for a second consecutive session on Friday to a near one-month high, sparking suspected

Published 09 May, 2014 02:24pm

Financial

Euro slips further but little faith in dollar rally

LONDON: The euro fell another third of a percent against the dollar on Friday after strong words from European Central B

Published 09 May, 2014 02:20pm

Financial

Euro, dollar on soft ground over Ukraine, ECB comment

TOKYO: The dollar was delicately balanced in Asia on Friday as investors braced for disputed local independence referend

Published 09 May, 2014 11:33am

Financial

Philippine peso NDFs near 6 month high after inflation outlook raised; baht falls

SINGAPORE: The peso hit a near six-month high in the offshore non-deliverable forwards market on Thursday after the Phil

Published 08 May, 2014 09:44am

Financial

NZ dollar faces selling as markets trim rate rise bets

WELLINGTON: Growing signs that the New Zealand dollar could be in for a fall may grant the Reserve Bank of New Zealand&#

Published 08 May, 2014 07:43am

Financial

Sri Lankan rupee steady amid lower credit, imports; stocks up

COLOMBO: The Sri Lankan rupee traded flat on Thursday as importer dollar demand was offset by exporter sales of the gree

Published 08 May, 2014 06:52am

Financial

Dollar mixed in Asia after Fed chief comments

TOKYO: The dollar was mixed in Asia Thursday after it rose on Federal Reserve Chair Janet Yellen's comments that the

Published 08 May, 2014 06:38am

Currency	Rate
USD PKR Interbank Selling / Jun 4	278.62
USD PKR Interbank Buying / Jun 4	278.42
USD to Japanese Yen / Jun 4	160
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 4	3.63

Stock	Volume
S&P 500 / Jun 4	7,584.31
India Sensex / Jun 4	74,360.01
Tokyo Nikkei / Jun 4	67,470.69
Nasdaq / Jun 4	26,830.96
Hang Seng / Jun 4	25,253.40
FTSE 100 / Jun 4	10,332.30
Dow Jones / Jun 4	51,561.93
Germany DAX 30 / Jun 4	24,944.95
France CAC40 / Jun 4	8,244.29

Item	Value
Crude Oil USD/Barrel / Jun 4	92.89
Gold 10 Grams PKR / Jun 4	402,335
Gold Spot USD/Ounce / Jun 4	4,470.19
Cotton US¢/pound / Jun 4	78.49
Petrol/Litre / Jun 5	381.78
Diesel/Litre / Jun 5	380.78

Stock	Price
Paramount Spinning / Jun 5 Paramount Spinning Mills Limited(PASM)	8.41 ▲ 1 (13.5%)
Waves Home Appliances / Jun 5 Waves Home Appliances Limited(WAVESAPP)	8.79 ▲ 0.81 (10.15%)
Zephyr Textile / Jun 5 Zephyr Textiles Limited(ZTL)	17.57 ▲ 1.6 (10.02%)
Ruby Textile / Jun 5 Ruby Textile Mills Limited(RUBY)	20.54 ▲ 1.87 (10.02%)
Pak Qatar Gen.Takaful / Jun 5 Pak Qatar General Takaful Limited(PQGTL)	16.70 ▲ 1.52 (10.01%)
Zahid Jee Textile / Jun 5 Zahidjee Textile Mills Limited(ZAHID)	60.80 ▲ 5.53 (10.01%)
Leiner Pak Gelat / Jun 5 Leiner Pak Gelatine Limited(LPGL)	99.09 ▲ 9.01 (10%)
Zuma Resources / Jun 5 Zuma Resources Limited(ZUMA)	79.88 ▲ 7.26 (10%)
Kohinoor Power / Jun 5 Kohinoor Power Company Limited(KOHP)	28.51 ▲ 2.59 (9.99%)
Pak Qatar Family / Jun 5 Pak Qatar Family Takaful Limited(PAKQATAR)	27.97 ▲ 2.54 (9.99%)

Stock	Price
F.Credit & Inv / Jun 5 First Credit and Investment Bank Limited(FCIBL)	40.49 ▼ -4.5 (-10%)
Aisha Steel(ConPS) / Jun 5 Aisha Steel(ConPS)(ASLPS)	29.43 ▼ -3.27 (-10%)
AN Textile Mills / Jun 5 AN Textile Mills Limited(ANTM)	29.10 ▼ -2.7 (-8.49%)
Fateh Ind. / Jun 5 Fateh Industries Limited(FIL)	166.02 ▼ -14.04 (-7.8%)
Shahzad Tex. / Jun 5 Shahzad Textile Mills Limited(SZTM)	69 ▼ -5.2 (-7.01%)
Tri-Star Power / Jun 5 Tri-Star Power Limited(TSPL)	14.38 ▼ -0.76 (-5.02%)
Din Tex. / Jun 5 Din Textile Mills Limited(DINT)	54 ▼ -2.72 (-4.8%)
Frontier Ceramics / Jun 5 Frontier Ceramics Limited(FRCL)	75 ▼ -3.64 (-4.63%)
Next Capital / Jun 5 Next Capital Limited(NEXT)	12.51 ▼ -0.57 (-4.36%)
Sana Ind / Jun 5 Sana Industries Limited(SNAI)	40 ▼ -1.72 (-4.12%)

Stock	Volume
Hascol Petrol / Jun 5 Hascol Petroleum Limited(HASCOL)	14,172,071 ▲ 0.56
Waves Home Appliances / Jun 5 Waves Home Appliances Limited(WAVESAPP)	12,555,477 ▲ 0.81
WorldCall Telecom / Jun 5 Worldcall Telecom Limited(WTL)	10,108,225 ▲ 0.01
Pak Qatar Gen.Takaful / Jun 5 Pak Qatar General Takaful Limited(PQGTL)	10,107,261 ▲ 1.52
TPL Properties / Jun 5 TPL Properties Limited(TPLP)	9,428,368 ▲ 0.31
Maple Leaf Cement / Jun 5 Maple Leaf Cement Factory Limited(MLCF)	8,300,569 ▲ 1.15
Beco Steel Ltd / Jun 5 Beco Steel Limited(BECO)	8,181,042 ▲ 0.04
TRG Pak Ltd / Jun 5 TRG Pakistan Limited(TRG)	8,178,617 ▲ 1.35
Thatta Cement / Jun 5 Thatta Cement Company Limited(THCCL)	8,013,568 ▲ 4.74
Treet Battery / Jun 5 Treet Battery Limited(TBL)	5,121,812 ▲ 0.2