The dollar strengthened 0.16% to 0.894 against the Swiss franc, hovering near its highest level since July. Against the yen, the dollar strengthened 0.31% to 154.12, after rising as high as 154.48 for the first time since November 26.
"Euro interest rates will go down due to the slowdown in the Euro Zone, while dollar interest rates may not fall significantly, particularly if Trump imposes tariffs. So, people are switching to these swaps," said Anil Kumar Bhansali, head of treasury at Finrex Treasury.
Esta historia es de la edición December 18, 2024 de Financial Express Bengaluru.
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Esta historia es de la edición December 18, 2024 de Financial Express Bengaluru.
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IIT-Madras to offer fine arts, culture courses
In a first for Indian Institutes of Technology (IITs), IIT-Madras on Tuesday said it would offer two supernumerary seats in each undergraduate programme to students who have achieved excellence in fine arts and culture, starting from the upcoming academic session.
The world's busiest airline routes in 2024 are largely in Asia
Leisure continues to outshine corporate trips
Not even 2% work-linked higher education courses yet: Report
EDUCATION-INDUSTRY MISMATCH
KYC masking to go live on Jan 20
DEADLINE EXTENDED; BIG RELIEF TO BANKS & FINTECHS
SME IPOs fetch rich returns in Dec
THE SME IPO market continues to see heightened interest and is delivering multibagger returns despite being under the lens of the markets regulator.
Indian firms use euro, yen swaps
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EPFO weighs higher equity investments
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China plans record budget deficit of 4% of GDP in 2025
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Markets slump over 1%
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