Indian Rupee Outlook: Policy Measures Drive Currency Trajectory, Says DBS

The post Indian Rupee Hits Record Low Near 96 Against US Dollar: What It Means appeared on BitcoinEthereumNews.com. Indian Rupee Hits Record Low Near 96 Against US Dollar: What It Means Skip to content Home Forex News Indian Rupee Hits Record Low Near 96 Against US Dollar: What It Means Source: https://bitcoinworld.co.in/indian-rupee-record-low-96-usd/

The post US Dollar Faces Summit-Driven Correction, Warns DBS appeared on BitcoinEthereumNews.com. Singapore’s DBS Group Research has issued a note suggesting the US Dollar may be headed for a correction, driven by outcomes from recent international summits and shifting macroeconomic expectations. The analysis points to a confluence of factors—including trade policy adjustments and central bank signals—that could weaken the greenback in the near term. What Is Driving the Correction View? DBS strategists highlight that market sentiment has shifted following high-level diplomatic meetings, where trade and currency agreements have introduced new uncertainties. The bank’s report emphasizes that the dollar’s recent strength was partly built on expectations of aggressive Federal Reserve tightening, but summit outcomes have tempered those bets. Additionally, a potential easing in geopolitical tensions could reduce safe-haven demand for the dollar. Key Economic Indicators at Play The analysis d

The post Swiss Franc Slides As Risk Aversion Fuels US Dollar Demand appeared on BitcoinEthereumNews.com. Swiss Franc Slides As Risk Aversion Fuels US Dollar Demand Skip to content Home Forex News Swiss Franc Slides as Risk Aversion Fuels US Dollar Demand Source: https://bitcoinworld.co.in/swiss-franc-declines-usd-strength-risk-off/

The post Indian Rupee: Policy support amid pressure – MUFG appeared on BitcoinEthereumNews.com. MUFG’s Michael Wan highlights that India has unveiled several austerity-linked policy steps as Strait of Hormuz tensions pressure capital flows and the balance of payments. Authorities sharply raised import duties on Gold and Silver and capped duty-free Gold imports to support the Indian Rupee (INR), while also considering lower withholding taxes on bonds. MUFG remains cautious on INR versus G10 and Asian currencies. India policy shifts and Rupee outlook “India produced a cluster of significant policy moves this week, all tied to the government’s austerity push amid the Strait of Hormuz driven pressure on capital flows and balance of payments.” “The Finance Ministry raised import duties on gold and silver to 15% from 6%, effective 13 May, and on Thursday capped duty-free gold imports under the Advance Authorisation scheme at 100 kg per approval — measures aimed at curbing non-essential impor

The post Australian Dollar Retreats From Multi-Year Highs As RBA Minutes, China Data Loom appeared on BitcoinEthereumNews.com. Australian Dollar Retreats From Multi-Year Highs As RBA Minutes, China Data Loom Skip to content Home Forex News Australian Dollar Retreats From Multi-Year Highs as RBA Minutes, China Data Loom Source: https://bitcoinworld.co.in/australian-dollar-retreats-rba-minutes-china-data/

The post Chinese Yuan Gains Support From Earnings Stability, Limited FX Risk: BNY appeared on BitcoinEthereumNews.com. Chinese Yuan Gains Support From Earnings Stability, Limited FX Risk: BNY Skip to content Home Forex News Chinese Yuan Gains Support from Earnings Stability, Limited FX Risk: BNY Source: https://bitcoinworld.co.in/chinese-yuan-earnings-support-bny-analysis/

The post Indian Rupee Hits All-time Low As Oil Rally And Capital Outflows Intensify Pressure appeared on BitcoinEthereumNews.com. Indian Rupee Hits All-time Low As Oil Rally And Capital Outflows Intensify Pressure Skip to content Home Forex News Indian rupee hits all-time low as oil rally and capital outflows intensify pressure Source: https://bitcoinworld.co.in/indian-rupee-record-low-oil-surge-outflows/

The post South Korean Won Under Pressure As Volatility Persists, Says OCBC appeared on BitcoinEthereumNews.com. South Korean Won Under Pressure As Volatility Persists, Says OCBC Skip to content Home Forex News South Korean Won under pressure as volatility persists, says OCBC Source: https://bitcoinworld.co.in/south-korean-won-volatility-ocbc/