SINGAPORE (Reuters) -The dollar flirted with a two-year peak on Thursday after the Federal Reserve signalled a slower pace of rate cuts in 2025, while the yen slid after the Bank of Japan (BOJ) stood ...

SEOUL (Reuters) -The South Korean won dropped to its weakest level in 15 years on Thursday, weighed down by risk-averse sentiment after the U.S. Federal Reserve's cautious stance on more interest rate ...

The swap line, which allows the National Pension Service (NPS) to borrow from the central bank's foreign exchange reserves for overseas investment, will be expanded to $65 billion from the current $50 ...

But the biggest point of pressure on Asian currencies was a stronger dollar, as the greenback rallied to an over two-year high after the Federal Reserve slashed its outlook for interest rate cuts in t ...

The Bank of Japan kept its short-term policy rate unchanged at 0.25%, as policymakers remained cautious over Japan’s economic outlook and the path of inflation.The yen weakened against the U.S. d ...

The local currency hit its weakest-ever mark of 6.3139 to the dollar before closing down 2.9% at 6.2896. It was its largest daily decline since November 2022. The currency earlier closed for trading l ...

(Reuters) -The U.S. dollar held firm on Wednesday before the Federal Reserve policy meeting later in the session which is expected to deliver a so-called hawkish cut, trimming rates but suggesting few ...

Reports of more fiscal spending in China did little to improve sentiment towards regional currencies, with the yuan hovering around its weakest levels in 13 months. Beyond the Fed, central bank d ...

Following the resignation of Chrystia Freeland and other cabinet officers, Canadian Prime Minister Justin Trudeau faces increasing pressure to step down, with calls for his resignation emerging from w ...