RBI-spurred rupee rally sparks importer rush, hedging costs soar most since global financial crisis [Yahoo! Finance]
Shinhan Financial Group Co Ltd American Depositary Shares (SHG)
US:NYSE Investor Relations:
shinhangroup.co.kr/en/invest/main.jsp
Company Research
Source: Yahoo! Finance
positions, sparked a scramble among ?importers to lock in dollar exposure, pushing hedging costs up by the most since ?the 2007-2009 global financial crisis. One-year dollar hedging costs climbed 30 basis points to 3.96% on Monday, building on a ?70-bp surge on Thursday - which was the biggest single-day jump since the global financial crisis. Indian FX and money markets were off on Friday. Bankers attributed the surge in hedging costs to importers rushing to cover dollar payments after the RBI-triggered rupee rally. Thin forward market liquidity amid uncertainty ?over the fallout of the ?RBI's measures further amplified the move, along with a shift of offshore positions to the onshore market. The rupee rallied nearly 2% on Thursday to ?near the 93 to the dollar level after the RBI took steps to rein in arbitrage and speculative activity by corporates. This move came as restrictions on position sizes of banks had a ?limited impact ?due to the arbitrage activity of corporates.
Show less
Read more
Impact Snapshot
Event Time:
SHG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SHG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SHG alerts
High impacting Shinhan Financial Group Co Ltd American Depositary Shares news events
Weekly update
A roundup of the hottest topics
SHG
News
- Here's Why Momentum in Shinhan Financial (SHG) Should Keep going [Yahoo! Finance]Yahoo! Finance
- India Forces Banks to Unwind Rupee Bets, Squeezing Short Sellers 1 / 3 [Yahoo! Finance Canada]Yahoo! Finance Canada
- India Forces Banks to Unwind Rupee Bets, Squeezing Short Sellers [Yahoo! Finance]Yahoo! Finance
- DeepBrain AI Launches Interactive AI Video Agents for Enterprise [Yahoo! Finance]Yahoo! Finance
- UBS Group to Expand U.S. Wealth Operations After Securing OCC Approval [Yahoo! Finance]Yahoo! Finance
SHG
Sec Filings
- 4/8/26 - Form 6-K
- 3/31/26 - Form 6-K
- 3/26/26 - Form 6-K
- SHG's page on the SEC website