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- Lebanon receives preliminary approval to increase World Bank loan to $400m
- China Exempts Some Goods from US Tariffs to Limit trade War Pain
- Saudi Arabia completes 674 Vision 2030 initiatives, achieves 93% of KPIs as 9th year milestone marked
- Foreign investors remain net buyers of GCC stock market in first quarter
- Quarterly earnings announcement, tariff hold supports QSE index rise
- Gold prices drop more than 1%
- Saudi Arabia's Vision 2030 enters final phase with strong momentum
- Saudi Arabia takes part in European Economic Congress
- UAE jobs: Etihad Airways to hold career fair for Emiratis on May 22
- Adnoc Distribution to operate 500 high-power EV chargers by 2028
31/08/2013 06:05 AST
The yen gained against the majority of its 16 most-traded peers as investors bet the financial turmoil that has weighed on emerging-market assets in August has longer to run, fueling demand for Japan's currency as a haven.
The yen strengthened versus all but one of its major counterparts this week amid the threat of U.S.-led military action against Syria. The euro fell to a one-month low versus the dollar. Norway's krone weakened for third day against the U.S currency after retail sales fell last month and unemployment climbed in August. India's rupee recorded its biggest monthly loss in 20 years on concern a deepening economic slowdown will deter investors.
"Given the situation in Syria, a lot of people are on the sideline," Vassili Serebriakov, a foreign-exchange strategist at BNP Paribas SA in New York, said in a telephone interview. "But there's an interest in turning more bullish on dollar-yen. We're seeing rebuilding in dollar-yen positions."
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Bloomberg
| Ticker | Price | Volume |
|---|
| US Dollar | 1.00 |
| Euro | 0.88 |
| British Pound | 0.77 |
| Japanese Yen | 113.21 |
| Saudi Riyal | 3.75 |
| Kuwaiti Dinar | 0.30 |
| Derham Emirati | 3.67 |
| Bahraini Dinar | 0.38 |
| Omani Riyal | 0.39 |
| Qatari Riyal | 3.67 |
23/04/2025
Bitcoin advanced above $90,000 for the first time since early March, fueling optimism that the biggest digital token is finally breaking free of a longstanding tendency to move in the same direction
Bloomberg
22/04/2025
The Indian rupee and other Asian currencies strengthened on Monday as the dollar remained under pressure, with the latest drag coming from US President Trump's criticism of Federal Reserve Chair Jero
Reuters
18/04/2025
The US dollar on Thursday lifted from a seven-month low against the yen, as US-Japan trade talks avoided the issue of foreign exchange, while it made small gains on other currencies ahead of the lon
ONA
18/04/2025
Already worn down by years of political turmoil and economic hardships, Libyans are now facing a sharp deterioration in their purchasing power after a sudden devaluation of the Libyan dinar.
AFP
18/04/2025
A few months ago, I was scrolling through TikTok when I came across a crypto creator from the Philippines. He said something that stopped me in my tracks: "I know you're trying to tell your friends a
Khaleej Times
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