SINGAPORE, March 11 (Reuters) – Emerging Asian currencies
edged higher versus the dollar on Tuesday with sentiment
improving as the Chinese yuan stabilised and regional equities
The Indian rupee hit a fresh seven-month high against the
dollar at 60.5925. Traders said moves in local equities
were being watched for cues on foreign fund inflows.
SINGAPORE, March 10 (Reuters) – Most Asian currencies fell
on Monday as the dollar rose after U.S. nonfarm payrolls
increased more than expected, and as Chinese trade data added to
worries of a slowdown in the world’s second-largest economy.
Moves in the Chinese yuan also weighed on Asian currencies.
China’s central bank fixed the yuan’s mid-point at a
much lower level than the Friday’s fix.
TOKYO/SINGAPORE (Reuters) – The euro held steady near a two-month high against the dollar on Friday, pausing in the wake of a European Central Bank inspired rally, as trade turned cautious ahead of U.S. jobs data.
The euro last stood at $1.3858, within a stone’s throw of a two-month peak of $1.3873 hit on Thursday after the ECB decided to stand pat on policy and held off from fresh monetary stimulus.
SYDNEY/SINGAPORE, March 5 (Reuters) – The yen held steady
versus the dollar on Wednesday, nursing heavy losses from the
previous day as safety demand faded after Russian President
Vladimir Putin played down the prospect of a war in Ukraine.
The dollar held steady at 102.23 yen, after having
risen 0.8 percent against the Japanese currency on Tuesday for
its biggest one-day gain since mid-January.
SINGAPORE, March 4 (Reuters) – The euro rose against the yen
on Tuesday following reports that Russian President Vladimir
Putin has ordered troops who took part in military exercises in
central and western Russia to return to base.
The euro rose to intraday highs versus both the yen and the
dollar after the reports by Russian news agencies, which quoted
the Kremlin spokesman.
SYDNEY/SINGAPORE, March 4 (Reuters) – The yen slipped on
Tuesday, taking a breather from its recent rally that was
sparked by investors flocking to the safe-haven currency, but
tensions over Russian military intervention in Ukraine were seen
likely to lend it support in the near term.
The dollar edged up 0.2 percent to 101.60 yen, edging
away from a one-month low of 101.20 yen set on Monday. The euro
rose 0.2 percent to 139.56 yen.
TOKYO/SINGAPORE (Reuters) – The New Zealand dollar hit a seven-week high on Friday as an upbeat business survey underscored expectations for a rate hike next month, while the euro eased ahead of a closely-watched reading on euro zone inflation.
China’s yuan looks set for its biggest daily loss on record on Friday, as the central bank stepped up its intervention to weaken the currency ahead of a key government meeting next week. In midday trades, the yuan briefly weakened to 6.1808 per dollar, more than 0.8 percent below Thursday’s close.
SYDNEY/SINGAPORE (Reuters) – The U.S. dollar held near a two-week high against a basket of major currencies on Thursday, as heightening tensions in Ukraine helped support safe-haven demand for the greenback.
The dollar index was steady at 80.405 .DXY, not very far from Wednesday’s peak of 80.524, its highest since February 13.
SINGAPORE, Feb 25 (Reuters) – Ministers in 12-nation
Trans-Pacific trade talks said on Tuesday that they had yet to
reach agreement on tariffs and other market access issues, with
the timing of a completed deal looking increasingly unclear.
Ministers stressed that they had made significant progress
during four days of meetings in Singapore, but the talks ended
with no clear indication of a time frame to clinch the TPP
(Trans-Pacific Partnership) agreements.
SINGAPORE, Feb 21 (Reuters) – Singapore plans to allocate
billions of dollars to support the elderly and low-income
families in the coming fiscal year, during which the city-state
expects its first budget deficit since 2010.
The government unveiled on Friday a budget for 2014/15 that
includes steps to support citizens born by 1949 via subsidies to
help cover health-care costs. It said it will set aside S$8
billion ($6.33 billion) in the year starting April 1 to help its