Currencies News and Headlines

Covering the latest forex news in the currency market and breaking financial news stories.

USD/INR Exchange Rate Holds Steady amidst Chinese Economic Concerns and Rising Inflation Expectations

The exchange rate between the US Dollar (USD) and the Indian Rupee (INR) remains stable as the new week begins, following significant gains in the

Bitcoin Poised for $120,000 Valuation by End of 2024: Standard Chartered Analyst

Bitcoin, the leading cryptocurrency, may see a surge in value and reach $120,000 by the conclusion of 2024. This prediction comes from Geoff Kendrick, an

The US Dollar Steady as Markets Digest Mixed Data

The dollar steadied on Monday, as markets digested mixed economic data from the United States and China. The dollar index, which tracks the U.S. currency

Dogecoin Prices Soar as Coinbase Announce Plans to Enable Trading in 2 Months

Dogecoin is coming to the most popular US crypto trading platform, Coinbase, the company said on Thursday during a call with investors and analysts to

Japanese Games Maker Nexon, Buys $100 Million worth of Bitcoin

Japanese games maker, Nexon said on Wednesday morning that it has spent around $100 million to buy bitcoin, making it one of the major companies

Egypt to Roll out New Plastic Currency in 2020

Egypt will start rolling out plastic currency this year, Deputy Governor of the Central Bank of Egypt (CBE) Gamal Negm announced yesterday, Egypt Today reports.

China’s Central Bank to Inject US$174 Billion of Liquidity into Markets amid New Coronavirus Outbreak

China’s central bank will pump 1.2 trillion yuan (US$174 billion) into financial markets on Monday, as part of an effort by regulators to mitigate volatility

Vodafone Group Quits Facebook-Led Libra Currency Group

One of the top backers of the Libra, Britain’s Vodafone Group PLC, has left the entity that manages the Facebook-led effort to launch Libra, a

7 Central Banks Team up to Look at Launch of Central Bank Digital Currency (CBDC)

The Bank of England has joined forces with a raft of global counterparts to look at the case for launching their own digital currencies. The

Syria Cracks down on Currency Exchange Firms to Halt Currency Collapse

Syria cracked down on exchange firms and currency exchange blamed for speculation on Tuesday as part of several measures to stem a rapid collapse in