currency market - TodaysChronic

Rupee: Rupee may hit new low on FII selloff spree

Kolkata : If the offshore non-deliverable forwards (NDF) market is any indication, the rupee may see fresh all-time low against the US greenback, further weakening from 84.10 seen Thursday, the …

What would Japanese intervention to boost a weak yen look like?

by Mark McDuffie

Japanese authorities are facing renewed pressure to combat sharp declines in the yen, as traders drive down the currency on expectations the interest rate differentials between Japan and the United …