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IRAN FOREIGN CURRENCY RESERVES
RBI intervention, dollar flows push Indian rupee to two-month peakThe Indian rupee surged to a two-month peak against the U.S. dollar, buoyed by decisive central bank interventions and dollars flowing in f...- Iran says it has enough foreign currency despite US sanctionsIran's Central Bank Governor stated sufficient foreign currency reserves exist despite sanctions. He announced plans to inject two billion ...
- Uday Kotak sees GDP resilience, warns India not to lower guardIndia's economy grew 7.8 percent in the April-June quarter, showing resilience. Veteran banker Uday Kotak noted ongoing geopolitical and ec...
- Trump declares Iran ‘dead’ and a ‘Failed Nation’, claims inflation has hit 300%In a striking assessment, Donald Trump has characterized Iran as a failed state, bringing attention to the dire political and economic inst...
- Global Market: Emerging Asian currencies fall as Fed hike bets rise, oil prices surgeMost emerging Asian currencies and equities fell on Monday as hawkish comments from US Fed Chair Kevin Warsh boosted bets on a possible Sep...
- India rupee hits near four-week high on equity-related flows, RBI support; logs monthly riseThe Indian rupee hit its highest level in almost four weeks against the US dollar, buoyed by fresh investments due to stock index adjustmen...
- Dollar near two-week high as Warsh boosts rate-hike bets; yen slips past 160On Monday, the dollar maintained its strength close to a two-week peak, fueled by expectations of a rate hike in September following assert...
- Turkey’s cheap travel reputation is being undone by high costsTurkey's tourism sector is experiencing significant price increases for visitors. This makes the country less affordable compared to previo...
- At $729 billion, India's forex kitty a recordIndia's foreign exchange reserves achieved a historic high of $729.3 billion by August 21, fueled by substantial NRI deposits under a speci...
- India's forex reserves hit record high of $729.33 billion after $12.4 billion weekly jumpIndia's foreign exchange reserves have reached an all-time high of $729.328 billion. This surge marks a significant build-up in the nation'...
- RBI is showing up whenever rupee weakens in intervention shiftIndia's central bank is intensifying efforts to support the rupee. Foreign deposit inflows have bolstered the Reserve Bank of India's inter...
- D-Street set for a positive start as GIFT Nifty trades firmly higherThe Nifty index recovered 0.5 percent, closing at 24,334 after touching a low. Positive global cues and FII buying supported this recovery ...
- Dollar moves in a narrow range ahead of inflation data, Jackson HoleIn Asian markets, the dollar held steady as traders looked ahead to crucial inflation reports, particularly the US PCE data set to be relea...
- Oil fall lifts rupee to over one-week high after central bank keeps lid on lossesThe Indian rupee surged to a one-week peak on Tuesday, empowered by the recent dip in oil prices alongside measures taken by the central ba...
- RBI’s great dollar haul: Where are the $73 billion going?India has mobilised about $73 billion in foreign currency in under 11 weeks, largely through FCNR(B) deposits, yet the rupee remains near ₹...
- Iran’s rial plunges past 2 million per dollar as Trump unleashes ‘crushing economic operation’Iran’s rial has fallen to a record low, crossing 2 million per dollar on the unofficial market as US President Donald Trump escalates press...
- Rupee dips on week as oil pangs linger, intervention prevents fall past 96/USDThe Indian rupee exhibited stability on Friday, though it faced a weekly decrease. Factors such as increasing oil prices and apprehensions ...
- India amends Foreign Trade Policy for easier rupee invoicing and payments for exportersThe government has amended its Foreign Trade Policy to ease rupee invoicing for exporters. Eligible rupee receipts now qualify for export b...
- India eases rules for rupee export payments, seeks to widen trade settlementIndia has eased export payment rules, allowing rupee settlements with non-Asian Clearing Union countries. This move aims to promote wider u...
- Rupee may slip on oil, risk-off mood; RBI once again expected to ride to rescueThe Indian rupee is likely to experience a lower opening on Wednesday amidst climbing oil prices and increasing U.S. Treasury yields. The s...
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