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Risk Currencies Reel as Geopolitical Shock Spoils New Year Cheer The Scandinavian currency was set for worst week against the dollar since early November amid escalating tensions in the Middle East after a U.S. ...
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Forex reserves at record high of $457 bn on gain in foreign currency assets In the reporting week, the increase in reserves was mainly on account of a gain in foreign currency assets, major component of the overall reserves, ...
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US-China trade war: Weak progress continues to hurt global currencies The news is even worse for China where the value of their currency, the yuan, dropped to 7.011 to the dollar, its lowest level in over a decade.
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