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IRAN CURRENCY DEVALUATION
Weaponised dependency: Chinese mercantilism is more damaging to global trade than Trump tariffsThe recent US-China summit saw improved engagement but little progress on global economic challenges. China's trade practices continue to i...- Bessent says Gulf, Asian allies request swap lines, UAE and US would benefit from oneAmerica's Treasury Secretary Scott Bessent revealed that Gulf and Asian nations seek currency swap lines from the US. These requests aim to...
- Silver vs gold 2026: after a 150% silver rally, is silver still set to outperform gold or nearing a peak now?Silver vs gold 2026 is now trending across global markets. Silver touched near $80 while gold crossed $4,800 recently. This sharp rally sho...
- Iran's economy was weak before the war, now it's worseIran’s economy, already under strain with nearly 50% inflation, has worsened sharply after more than five weeks of war. Prices of basic goo...
- Indian AI startups navigate tricky waters of war impact and rupee devaluationIndian artificial intelligence startups are facing operational and cost challenges as well as uncertainty over plans to expand into West As...
- Why is gold price rallying today? Gold surges past $5,200 as US-Iran tensions rattle markets - experts reveal portfolio allocation strategyGold price today amid US-Iran tensions: Gold futures opened higher Friday, driven by ongoing geopolitical tensions and the potential for US...
- Iran's surging crypto activity draws US scrutinyCrypto use in Iran is surging amid sanctions and currency collapse, prompting U.S. scrutiny of platforms for possible sanctions evasion, wh...
- India closely following developments in Iran: MEAIndia is closely monitoring the situation in Iran. Protests over economic issues have gripped the country. New Delhi has advised Indian cit...
- Iran's parliament fires minister of economy over plummeting rial, mismanagementIran's parliament has impeached Economy Minister Abdolnasser Hemmati, resulting in his removal from office amid the crashing rial and misma...
- Tea, rice exports to Iran may take a hit on rial devaluationIran's currency devaluation threatens Indian tea and basmati rice exports. The increased cost of imports may hinder sales of premium orthod...
- Iran frees jailed Nobel laureate Narges Mohammadi for 21 days on medical grounds after surgeryNarges Mohammadi, Nobel Peace Prize winner, was released from an Iranian prison for 21 days. She had surgery for a possible cancerous bone ...
- Buffalo meat exports fall 9% as direct buys from China stopChina had stopped buying Indian meat on fear of the foot and mouth disease a few years ago.
- Rupee slips 23 paise, ends at fresh lifetime low of 71.99Earlier on Thursday, the rupee breached 72 level against the dollar for the first time ever.
- IMF panel says 'no room for complacency' on global growthThe recovery is not yet complete, with inflation below target in most advanced economies, it said.
- Five events that shook world economy in 2016From the Chinese markets crash to OPEC oil cut, several events impacted the world economy in 2016.
- Export contraction continues for 13th month , December exports down 14.75% as trade gap widensIndia’s exports contracted for the 13th consecutive month in December ,falling 14.75% from a year ago, data released by the commerce and in...
- 5 takeaways from the China-triggered market crashAs a massive selloff triggered the newly-introduced circuit breakers, the Chinese market saw trading halts for 2 days this week.
- India to benefit as oil prices fall more after China devalues YuanIndian consumers can expect fuel prices to decline as crude oil prices fall more tracking the devaluation of the Chinese currency.
- Iran’s multiple exchange rate to hit rice exportsTill October 31, 2012, India has exported 19.8 lakh tonne of basmati rice to Iran. Media reports from Iran say that the country has narrowe...
- Rupee turns stumbling block in trade with IranExporters to the region have been left to fend for themselves, as both governments wait for the rupee to stabilise.
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