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EXCHANGE RATE CHANGES IN IRAQ
China has no need or intention to weaken yuan for trade edge, central bank saysChina's central bank stated it does not intend to depreciate the yuan for competitive trade advantages. It emphasized that the market plays...- Global Market: Tokyo Financial Exchange unveils futures to hedge BOJ rate volatilityTokyo Financial Exchange will launch a futures contract linked to the Bank of Japan’s overnight call rate to help investors hedge rising in...
- Iraq devalues its currency as Mideast war disrupts oil shipping routesIraq has officially devalued its currency from 1,300 dinars to 1,500 dinars to the US dollar. The Central Bank announced this decision foll...
- Reserves drop as FCNR inflows dry, RBI dollar sales continueReserves have fallen to $734.6 billion in the week ended October 2, the fourth consecutive week of fall and down from a recent peak of $785...
- Rupee falls 22 paise to 96.57 against US dollar post RBI rate increaseThe Indian rupee experienced a drop following the Reserve Bank of India's decision to raise interest rates by 25 basis points. This move is...
- Global Market: China gold reserves rise for 23rd straight month, forex reserves fallChina’s central bank raised its gold holdings for the 23rd consecutive month in September, underscoring its efforts to diversify reserves a...
- From just-in-time to just-in-case: oil executives say world needs more export routesThe ongoing disruptions from the Iran conflict are reshaping energy supply chain strategies. TotalEnergies and BP are actively seeking alte...
- PPF, SCSS, NSC interest rates: Has the government changed rates for October- December 2026?
- Rupee edges higher as traders await RBI policy decision on ratesThe rupee ended marginally stronger at 96.2925 against the dollar, supported by lower Brent crude prices and improved sentiment. The curren...
- Global Market: OPEC+ keeps November oil output steady as Brent tops $100Seven major OPEC+ producers agreed to keep November crude output unchanged as the Iran conflict disrupted supplies and pushed Brent above $...
- First time in decades Iraq set to move its oil beyond the Strait of HormuzIraq's Oil Tankers Company has recently arranged for a Very Large Crude Carrier to transport oil. This shipment of 2 million barrels is sig...
- Iran airlines resume flights to Iraqi holy city after US exemptionIranian airlines have resumed flights to Najaf, Iraq, following a US exemption allowing sanctioned carriers to operate. The agreement permi...
- Let exchange rate act as shock absorber: IMF on Fed hike impact on IndiaThe International Monetary Fund has noted the potential impact of the US Federal Reserve's interest rate hikes on global markets. This situ...
- India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risksIndia’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the ...
- The US military says its withdrawal of troops from Iraq is completeThe US military has finished withdrawing all troops from Iraq, marking the end of a 12-year mission. This withdrawal culminated in the hand...
- Explained: How the US controls Iraq's oil revenuesUS troops are set to leave their last bases in Iraq, but Washington will retain significant economic leverage through Iraq’s oil revenues, ...
- US forces exit Iraq, emboldening Iran's proxies and Islamic StateUS forces completed their withdrawal from Iraq after 23 years of military presence. This departure is seen as a victory for Iran and its al...
- US Forces leave Iraq after two decades of warUS forces are set to withdraw from their last bases in Iraq by Wednesday, which is viewed positively by Iran. This military departure signi...
- Why is Marine Corps combat pay doubling to $450? The 23-year freeze is finally ending—here’s who qualifiesMarine Corps hostile fire pay increase: For the first time in 23 years, the U.S. military is adjusting how it compensates Marines for facin...
- India's Russian crude imports fall to five-month low as refiners diversify suppliesIndia's crude oil landscape shifted in September as imports from Russia plummeted to their lowest since April, prompting refiners to seek a...
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