India’s foreign exchange reserves and strong economic fundamentals will help cushion against external shocks and increased volatility in the global markets, the Reserve Bank of India said https://t.co/vrJEccqQIT ...

The Reserve Bank of India’s recent defense of the rupee is weighing on the nation’s foreign exchange reserves https://t.co/ZSyPyHSLl7 ...

India’s foreign exchange reserves fell by the most since November 2024 as analysts said the central bank intervened to support the rupee amid volatility from the Iran War https://t.co/SIYU69jMJT ...

🇰🇿 JUST IN: Kazakhstan’s central bank plans a $350M crypto allocation sourced from its gold and fx reserves. https://t.co/QYveimOTtO ...

South Korea is offering $3 billion of dollar bonds, in an effort to bolster its foreign exchange reserves amid global uncertainties and massive investments pledged under a US trade deal https://t.co/0TVvHbMudd ...

South Korea is offering dollar-denominated bonds, an effort to bolster its foreign exchange reserves https://t.co/RJ091HGzr2 ...

India’s foreign exchange reserves climb to a record, bolstering the country’s ability to shield the rupee from excessive volatility and speculation https://t.co/86wf5aAQrF ...

I'm Ruth Carson, and this is what's important in FX and rates markets right now. We're going to talk about the Indian rupee, which has fallen against a dollar to an all-time low. It's weakened more than 5% this year, making it the worst-performing Asian currency.The Indian rupee has been in a free fall over the past month, coming under pressure from delays in clinching a trade deal with the US and with foreigners pulling out money from the stock market. Indian importers as well have been looking to beef up ...

Market Overview - The US stock market showed slight gains with the Dow Jones up 0.22% to 47,954.99 points, the S&P 500 up 0.19% to 6,870.4 points, and the Nasdaq up 0.31% to 23,578.13 points [9][10] - European markets had mixed results, with the German DAX index rising 0.73% to 24,056.06 points, while the French CAC40 and UK FTSE 100 indices fell by 0.09% and 0.45% respectively [9][10] - In the Asia-Pacific region, the Hang Seng Index increased by 0.58% to 26,085.08 points, while the Nikkei 225 index decreased by 1.05% to 50,491.87 points [9][10] Economic Indicators - The US GDP growth rate is projected to reach 3% for the year, with expectations of a significant decline in inflation next year [8][10] - China's foreign exchange reserves stood at $33,464 billion as of the end of November, marking a $30 billion increase from October [11] - The total number of credit cards and combined loan cards issued in China reached 707 million, reflecting a decrease of 8 million from the previous quarter and a decline of approximately 100 million from the historical peak in 2022 [13] Company News - Baidu Group saw a nearly 6% increase in stock price, while Qifu Technology and Wanguo Data also experienced gains of over 4% [14] - Yum China announced a planned acquisition of a 51% stake in Hefei Zhongke Shengu Technology Development Co., with a tentative purchase price of 100 million yuan [14] - A-share announcements included a final issuance rate of 0.03348913% for Muxi Co., and a licensing agreement between Aowei New Materials and its affiliate Zhiyuan Innovation for 26 million yuan [14]

Pakistan’s rupee recorded its longest daily streak of gains since April last year after the central bank said it will slow buying of dollars to build its foreign exchange reserves https://t.co/bjVVOnBfLq ...