monetary policy

The South African Rand (ZAR) is the official currency of South Africa, introduced in 1961 to replace the South African pound. It is issued by the South African Reserve Bank…

The EUR/JPY pair extended its gains for the second consecutive day on Friday, trading near the mid-164.00s as European markets opened. Prices remain close to a three-week high reached on…

Japan’s Finance Minister Katsunobu Kato reaffirmed that decisions on monetary policy rest solely with the Bank of Japan (BoJ), responding to the recent US Treasury report urging further tightening. On…

The EUR/GBP pair extended its rally for the third straight day on Friday, trading near 0.8430 during Asian hours. The cross steadied following the European Central Bank’s (ECB) widely anticipated…

The Japanese Yen (JPY) extended its gradual intraday decline on Friday, bolstered by renewed US Dollar (USD) buying, pushing the USD/JPY pair toward the 144.00 level as European markets opened.…

EUR/USD extended earlier gains, trading near 1.1441 after bouncing off daily lows around 1.1404, following the European Central Bank’s (ECB) decision to cut interest rates by 25 basis points to…

The European Central Bank (ECB) is widely anticipated to implement its seventh consecutive interest rate cut on Thursday, with the decision expected at 12:15 GMT. Markets forecast a 25 basis…

The Indian Rupee (INR) edged lower against the US Dollar (USD) on Thursday, weighed down by renewed demand for the greenback from foreign banks and oil companies. Added pressure stemmed…

Exchange rates play a crucial role in the global economy by determining how much one currency is worth in terms of another. For individuals and businesses engaging in international transactions,…

The Indian Rupee (INR) lost ground on Wednesday, pressured by a continued rise in global crude oil prices. As the world’s third-largest oil consumer, India remains particularly vulnerable to increases…

The USD/CAD pair remains under pressure in early Asian trading on Wednesday, hovering near 1.3715, as the Canadian Dollar (CAD) strengthens on the back of rising crude oil prices. Market…

Before diving into the specifics of converting 500 Thai Baht (THB) into Hong Kong Dollars (HKD), it is essential to understand the concept of exchange rates. An exchange rate is…

The Australian Dollar (AUD) weakened against the US Dollar (USD) on Tuesday, erasing much of the roughly 1% gain it posted in the previous session. The AUD/USD pair remained subdued…

The Reserve Bank of Australia (RBA) released the minutes of its May monetary policy meeting on Tuesday, revealing that the board viewed a 25 basis point rate cut as the…

Currency exchange rates play a vital role in the global economy, impacting international trade, tourism, and investments. An exchange rate refers to how much of one currency you can obtain…

The Thai Baht (THB) is the official currency of Thailand and one of the most traded currencies in Southeast Asia. Managed by the Bank of Thailand (BoT), the baht has…

Currency pegging is a mechanism used by countries to stabilize their currency’s value by attaching, or pegging, it to another major currency such as the US Dollar (USD) or the…

When discussing whether Thai Baht is fixed or floating, it is essential to first understand what exchange rate systems are and how they work. Currencies can be managed under different…

The New Zealand Dollar (NZD) edged higher against its U.S. counterpart during Wednesday’s Asian trading session, pushing the NZD/USD pair to around 0.5965. The modest gain followed the Reserve Bank…

Acting Governor of the Reserve Bank of New Zealand (RBNZ), Christian Hawkesby, offered a cautious yet reflective tone during a press conference on Wednesday, following the central bank’s decision to…