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Indiaโs rupee extended its gains on Tuesday as the central bank announced more measures to support the currency which faces constant pressure from high oil prices and foreign outflows.
Morocco's currency has fallen 6.5% against the US dollar since late July, making the country cheaper for American visitors and US goods dearer for Moroccans. The post Morocco’s Dirham Drops 6.5% Against Dollar Since August appeared first on The Rio Times.
Egypt's EGX30 jumped 2.24% to 53,055 points on Thursday, its best day since July, as 218 stocks rose and the pound eased to 52.27 per dollar. The post Egypt Markets: EGX30 & the Pound โ October 1, 2026 appeared first on The Rio Times.
The yen strengthened past the 157 level against the dollar on Wednesday as a series of government warnings on the currency and quarter-end flows provided support.
US President Donald Trump raised concerns about yen weakness at a summit with Japanese Prime Minister Sanae Takaichi, Japanโs Finance Minister Satsuki Katayama said on Friday, offering an unusually detailed account of the leadersโ talks on currencies. โAt the recent Japan-US summit meeting, President Trump expressed concern about the yenโs weakness,โ Katayama said at a regular news conference, adding that she was disclosing the exchange for the first time after consulting with the โPrime...
The dollar is headed for its best two-week stretch in six months in a reversal of fortunes thatโs likely to support the currency through the rest of the year, asset managers and strategists say.