By Divya Chowdhury and Savio Shetty MUMBAI (Reuters) -Indian bond markets won’t see a jump in volatility in the near-term after JPMorgan announced India’s inclusion in its widely tracked emerging market debt index, BlackRock (NYSE:)’s head of Asia Pacific fixed income said on Friday. JPMorgan said 23 Indian Government Bonds…

Investing.com– Most Asian currencies moved little on Friday as markets continued to fret over higher U.S. interest rates, while the yen came close to 10-month lows after the Bank of Japan maintained its ultra-dovish policy. The dollar remained relatively well-bid in Asian trade, recovering a measure of overnight losses. The…

The Japanese yen fell sharply on Friday after the Bank of Japan (BOJ) decided to keep interest rates in negative territory at -0.1 percent. This decision came just days after the Federal Reserve signaled that U.S. borrowing costs would remain high, exerting pressure on the Japanese currency and raising the…

On Friday, the yen fell sharply against the dollar, trading at 148.31, following the Bank of Japan’s decision to keep interest rates in negative territory. This move indicates that the bank is not in a hurry to wind down its large-scale stimulus program. Concurrently, the dollar rose by 0.2%, marking…

In a week marked by financial developments, the Indian rupee closed higher on Friday, settling at 82.93 against the U.S. dollar, a weekly gain of 0.3%. This performance comes on the heels of an announcement by multinational investment bank JPMorgan, revealing its plans to incorporate India’s government bonds into its…

BANGKOK (Reuters) – Thailand’s central bank is monitoring the weak baht, which is not entirely bad for the economy and could help the key export and tourism sectors, the prime minister said in remarks aired on Thursday, as the baht hit multi-month lows. Srettha Thavisin, speaking during a visit to…

The US Federal Reserve’s decision to maintain interest rates at the 5.25%-5.50% range during its monetary policy meeting on Wednesday, September 20, 2023, has had global impacts. The Fed’s hawkish stance towards monetary policy, aimed at curbing inflation without causing significant job losses or economic downturns, has led to a…

The dollar reached a 6.5-month peak on Thursday, September 21, 2023, after the U.S. Federal Reserve signaled a continuation of its restrictive policy, even as it held rates steady. This comes as the Swiss franc fell following the Swiss National Bank’s decision to maintain unchanged rates, marking the first time…

Mark Rosen, former U.S. representative to the International Monetary Fund (IMF), has endorsed the idea of Argentina adopting the U.S. dollar as its official currency to combat soaring inflation rates, a move that has been widely criticized by mainstream figures. Rosen, who served on the IMF’s executive board from 2019…

By Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar’s recent rally has put it on track to form a golden cross – a bullish technical trading chart pattern – affirming an upbeat near-term view on the currency, according to a BofA Global Research note published on Wednesday. A…