India's foreign exchange reserves saw a significant boost, rising by $1.03 billion to reach $687.26 billion as of December 12 ...
Strategists expect the greenback to weaken again in 2026 as the US central bank continues to ease monetary policy just as others hold steady or move closer toward raising rates.
Forex traders said the rupee is expected to trade with a negative bias as the delay in the trade deal between India and the US may continue to dent investor confidence.
Greek politics reinforces a form of learned helplessness, provokes its people, and distances them from reality. Therefore, ...
China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to ...
Global foreign-exchange trading surged to an all-time high this year, averaging $9.5 trillion per day in April after US President Donald Trump’s trade tariffs roiled markets, according to the Bank for ...
In September 2024, China launched a highly ambitious economic stimulus program that sought to stabilize stock and real estate ...
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, ...
Bank of America Chairman and CEO Brian Moynihan cautioned that while the American consumer remains a powerful force keeping the economy afloat, the middle class is beginning to feel the strain.
The Iranian middle class, long a force of political moderation, stability, economic growth, and the base of the country’s reform movement, is shrinking fast under the pressure of Western sanctions, ...