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forex

Second Consecutive Weekly Decline: Forex Reserves Plummet by $3 Billion to $603.87 Billion

by Craig Fedirighi
Second Consecutive Weekly Decline: Forex Reserves Plummet by  Billion to 3.87 Billion

MUMBAI: India’s forex reserves dropped by $3.165 billion to $603.87 billion for the week ended July 28, the RBI said on Friday. This is the second consecutive weekly drop in …

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Categories Business

Ueda patiently waits as Nikko Asset turns optimistic about the yen market

by Craig Fedirighi
Ueda patiently waits as Nikko Asset turns optimistic about the yen market

Cooling U.S. inflation is proving to be a gamechanger for Nikko Asset Management’s Yasushi Ishikawa. He’s ditched his bearish view on the yen, and now has a ¥135 target against …

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Categories Business

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