#asian-currencies
Rupee falls 21 paise to 94.71 against US dollar in early trade
The rupee depreciated 21 paise to 94.71 against the US dollar due to the US Federal Reserve's hawkish stance and a strong dollar index. Asian currencies also weakened, impacting the rupee. Meanwhile, positive sentiment emerged from reports of a US-Iran memora…
Global Market: Oil crisis and strong dollar intensify pressure on Asian currencies
Asian economies face a global energy shock. Policymakers are enacting emergency measures as currencies weaken and fuel costs surge. India urges reduced overseas travel and gold purchases. Indonesia hikes interest rates and tightens export earnings control. Th…