Business
India’s central bank intervenes again to support rupee, traders say
The Indian central bank was seen back in the foreign exchange market on Thursday, selling dollars through state-run banks to reinforce…
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intervenes
Business
Indian central bank likely intervenes to prop up rupee before local market open, traders say
The Reserve Bank of Indian likely intervened to support the rupee before the local spot market opened on Monday, four traders told…
Business
Indian rupee slides to record low, central bank likely intervenes near 89.50/USD
The Indian rupee weakened to a lifetime low against the dollar on Friday (Nov 21), pressured by shrinking risk appetite amid fading…
Business
Thai central bank intervenes to slow currency moves
The currency’s strength relative to regional peers is seen as a threat to exports and tourism Thailand’s central bank has intervened to…
Business
Hong Kong intervenes to defend FX peg as local currency drops
In addition to pushing the currency back into its permitted trading range, the move will also make bearish bets more costly Hong Kong’s de…
Business
Bank Indonesia intervenes in offshore rupiah ahead of reopening
It will aggressively intervene in the onshore markets too when they reopen on Tuesday Bank Indonesia intervened in the offshore rupiah…
Business
Bank Indonesia intervenes in FX markets after rupiah slump
Bank Indonesia is intervening in the spot, domestic non-deliverable forwards and bond markets to maintain the balance of currency supply…