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The dollar remains overvalued by 5% to 10% against a broad basket of currencies, First Eagle said citing a proprietary model. The WSJ Dollar Index was flat.
Realistically, global use of the euro will have to increase massively for it to replace the dollar anytime soon, but it seems much more likely now than it did three months ago.
DRL's management has guided for double-digit growth in FY26, with margins expected to remain similar to FY25 levels. Here's ...
BRITISH multinational bank Standard Chartered PLC (StanChart) reported a US$172 million loss in 2024 tied to the sale of its ...
China's foreign exchange reserves reached $3.2817 trillion at the end of April 2025, up 1.27 percent from the end of March, official data showed ...
A teller counts U.S. dollar bills at a bank in Qionghai, south China's Hainan Province.Photo:Xinhua. China's foreign exchange ...
The combined effects of currency translation and asset price changes led to the increase in China's foreign exchange reserves in April, the State Administration of Foreign Exchange said in a statement ...
US presidents are always in a hurry to advance their agenda but Trump’s actions so far suggest an even greater sense of urgency. UBS’s Kurt Reiman discusses the president’s first 100 days in office.
DAR ES SALAAM, May 3 (Xinhua) -- Tanzania's central bank said in a statement late Friday that it has prohibited the use of foreign currency for local transactions and payments. The Bank of Tanzania ...
New Delhi: According to the latest report from the Reserve Bank of India (RBI), the country’s foreign exchange reserve, which is the foreign currency stock, increased by $1.98 billion to reach $ ...
The total liquid foreign reserves held by the country stood at US$ 15,251.8 million as of 25-Apr-2025. The break-up of the foreign reserves position is as under: i) Foreign reserves held by the State ...
Confidence in the world’s reserve currency is in doubt, leaving an opening for alternatives like the euro. But it won’t be easy. By Colby Smith I write about Federal Reserve and the U.S. economy.
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