Currencies News

Currency strength is defined by purchasing power—how much a unit can buy or exchange for foreign currency. In 2025, the top five highest-valued currencies stand out not due to popularity, but due to their real-world buying power. The UN recognizes 180 currencies used across 195 countries worldwide.

Following a tip-off, police intercepted two cars yesterday seized the currencies and arrested Shamir, police said.

New US single-family home sales fell to a 10-month low in December after three straight months of solid gains, but the housing market recovery remains intact as a tightening labor market boosts wage growth.

A strengthened US dollar and FCNR B (Foreign Currency Non Resident Bank) payments, drained $1.50 billion from India`s foreign exchange (Forex) kitty, experts said on Saturday.

Foreign exchange reserves hit a life-time high of USD 363.8 billion after it rose USD 592.1 million in the week ended June 17, the Reserve Bank said on Friday.

China's yuan has overtaken the Japanese yen and moved into fourth place among the world's payments currencies, global transactions organisation SWIFT said today, as Beijing pushes greater international use of its currency.

Japan`s Nikkei rose for the first time in four days, gaining 1.4 percent, while South Korea`s Kospi edge up 0.4 percent, although MSCI`s broadest index of Asia-Pacific shares outside Japan erased early gains.

The depreciation of the rupee is due in part to the U.S. dollar`s strength and it has fallen less, and in a less volatile fashion, than other currencies, Reserve Bank of India (RBI) Governor Raghuram Rajan said on Tuesday.

The report follows some other recent data showing higher inflation, although US Federal Reserve Chair Janet Yellen and others have downplayed those reports.