The Japanese yen continue to lose ground as it went past the 150-mark against the United States dollar on Thursday – the highest since 1990. It has been a tough time for the Japanese economy as the currency has weakened quite a bit and it has prompted an emergency Bank of Japan meeting.

Japanese yen hits 150-mark against US dollar - worst since August 1990

Gold prices rose more than 1% on Monday after declines in the previous two sessions, as the US dollar and treasury yields faltered, although risks from looming Federal Reserve interest rate hikes persisted.

Gold up about 1 per cent after falling 20% as US dollar, treasury yields falter

Many financial institutions have predicted that the world is headed for another recession. As rising inflation leads to a hike in interest rates, companies across the world have announced a freeze in hiring and planning to downsize their staff.

Five signs why global economy is headed for recession

News agency Reuters on Thursday (September 29) reported that China is stepping up efforts to stem the yuan's descent. Citing four sources with knowledge of the matter, it reported that China's central bank has asked major state-owned banks to be prepared to sell dollars for the local unit in offshore markets.

China stepping up efforts to stem the yuan's descent: Report

China’s currency yuan slipped to a 14-year low against the US dollar and also hit a record low in the international trading market on Wednesday, despite the country’s central bank’s best efforts to stem the flow.

China’s yuan slides to record 14-year low against US dollar

After the aggressive 75 basis points hike in interest rates by the US federal reserve, central banks across the globe hiked their key lending rates which sent jitters across the market. Rupee also touched all-time low against dollar.

US Fed rate hike sends jitters; dollar gains strength against other currencies

The rupee depreciated 44 paise and slipped below the 81-mark against the US dollar for the first time ever in early trade on Friday, weighed down by the strong American currency and risk-off sentiment among investors.

Indian rupee hits new low, slips below 81-mark against US dollar for the first time ever

How the strong US dollar can affect everyone

On Friday, the Japanese yen experienced the biggest decline against a strengthening U.S. dollar as a two-day rise in stocks acknowledged market expectations that the Fed will need to take additional action to keep inflation under control.

Japanese yen weakens against dollar fearing Fed's super-charged tightening policy

The rupee sunk to a record low of 80 per US dollar today. For seven straight sessions, the rupee has been hitting record lows. Should you be worried? How can India stabilise the rupee? Palki Sharma tells you.

Gravitas: How will India stabilise the rupee?

The Indian rupee breached 80 against the US dollar amid expectations of an aggressive rate hike by the US Federal Reserve. What explains the rupee's rapid depreciation? What does it mean for the average Indian citizen? Palki Sharma tells you.

Gravitas: Rupee's historic plunge, breaches 80 against dollar

For the first time in 20 years, the euro and the dollar have equalised, indicating that the market believes that the Russian invasion of Ukraine will cause a severe downturn in the European economy.

1 Euro equals 1 US dollar: For the first time in 20 years, Euro hits dollar parity

The Indian rupee crossed 79 against the US dollar amid rising fears of a recession. Agencies are predicting a Euro-zone recession in the last quarter of 2022. Are governments doing enough to curb this slowdown? Palki Sharma tells you.

Gravitas: Rupee hits record low against US dollar

The increasing global crude oil prices and inflation concerns turned slippery for the Indian rupee as it went down against the US dollar on Tuesday. Further, foreign investors (FII) continued to sell their equity holdings on the bourses.

Indian rupee slips to 78.68 against US dollar

The Indian rupee tumbled to a record low of 77.82 against the US dollar in opening trade on Friday during the intra-day trades. At the interbank foreign exchange, the rupee opened on a weak note at 77.

Indian rupee slides to record low of 77.82 against US dollar

The Pakistani rupee on Tuesday surpassed all prior records against the US dollar after shedding sheds Rs 2.77, or 1.37 per cent, against the US dollar in the interbank market.

Pakistani rupee nosedives to all-time low of 202.83 against US dollar

Global markets suffered their worst slide since June 2020 amid uncertainties surrounding the war and pandemic. The Indian Rupee hit an all-time low against the US Dollar. Are these indications of a looming recession? Palki Sharma tells you.

Gravitas: Worst day for global markets since June 2020

The Pakistani rupee fell to a new low of 191 rupees to the dollar on Thursday, as the country's currency was shaken by a continuing political turmoil. The rupee has been falling for months, but it plummeted in March after opposition parties filed a no-confidence vote against Prime Minister Imran Khan, which resulted in the national assembly being dissolved last week.

187 to a US dollar: Political crisis in Pakistan led to the free fall of its currency

The Pakistani rupee fell further against the US dollar on Monday, reaching a new low against the greenback during intra-day trade in the inter-bank market. The Pakistani rupee continued to fall, losing another 82 paisas versus the US dollar, which was trading at Rs173 in intra-day trading in the inter-bank market.

$1=PKR 173: Pakistani rupee hit an all-time low against the US dollar

Gold prices held steady on Tuesday, as concerns over a potential fallout of Chinese property developer Evergrande`s unsolved debt crisis provided some respite to the safe-haven metal against a firmer dollar and elevated U.

Gold holds firm as Evergrande crisis offsets firmer dollar, yields

The Indian rupee slumped 27 paise to 73.17 against the US dollar in opening trade on Wednesday tracking weak domestic equities and strong American currency. At the interbank foreign exchange, the domestic unit opened lower at 73.

Rupee falls 27 paise to 73.17 against US dollar in early trade

The Indian rupee ended 3 paise lower at 72.87 against the US dollar on Thursday amid a firm trend in the domestic equity markets. At the interbank forex market, the local unit opened at 72.

Rupee slips 3 paise to 72.87 against US dollar

Sri Lanka has repaid a billion US dollar international sovereign bond (ISB) that was due for settlement this week, the Central Bank said on Saturday. The ISB repayment on Friday came days after Moody's on Monday downgraded Lanka's sovereign credit rating by two notches, saying the South Asian nation would be hard-pressed to secure funding to service its huge foreign debt.

Sri Lanka repays billion US dollar sovereign bond

China wants to be the financial superpower and it is leaving no stone unturned in its quest to replace the U.S. Dollar with the Yuan as the global currency. Where does India stand in this race? On Gravitas Plus, Palki Sharma has the details.

Gravitas Plus: Does the Yuan pose a threat to the U.S. Dollar?

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