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FOREIGN CURRENCY CRISIS IRAN
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...
Iran vows 'devastating' response as US threatens toughest ever economic hitIran warns of devastating retaliation against new United States sanctions. United States Treasury chief Scott Bessent plans the toughest fi...
Bangladesh's gas crisis hits factories, homes and transportIn the face of an acute natural gas scarcity, Bangladesh is witnessing the shutdown of key fertiliser plants, impacting hundreds of factori...
'Abysmal return to full-scale classic colonialism...': Iran slams latest slew of US sanctionsIran's foreign ministry spokesperson condemned new United States economic sanctions as unlawful.He stated these sanctions represent an extr...
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 ...
Iran says Tehran must overcome 'unjust sanctions' as US ramps up economic pressureUS Iran war news: Iran's parliament speaker urged planning to overcome "unjust sanctions" after new US measures. Scott Bessent announced th...
'Essentially controlling the straits', Trump reiterates military destruction of IranPresident Trump stated US military actions have severely degraded Iran's military capabilities. He reiterated the United States' firm stanc...
Trump warns of 'economic D-Day' against Iran, but Tehran is well acquainted with sanctionsThe Trump administration is intensifying economic pressure on Iran amid a protracted war. This strategy aims to force Tehran's capitulation...
Economic pressure a 'delicate dance' against Iran, most effective tool: JD VanceUS-Iran war: United States Vice President JD Vance emphasized that applying economic pressure constitutes Washington's strongest measure ag...
Indian equity markets rally nearly 1% as dollar retreats and US bond yields coolThe Indian stock market rebounded on Thursday, marking the end of a downward trend. Major indices Nifty and Sensex enjoyed notable gains, s...
Rules eased to help exporters receive payments in rupeesIndia has eased rules for rupee-based export payments, allowing exporters to invoice and receive payments in Indian currency or foreign cur...
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...
Trump declares 'Economic D-Day' against Iran, warns nations aiding Tehran of 'tremendous' consequencesPresident Trump announced a severe economic operation targeting Iran's financial lifelines. He warned any nation aiding Iran would face sig...
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...
FCNR(B), nothing magical about itThe Reserve Bank of India is prematurely closing a special window for FCNR(B) bank deposits from the Indian diaspora, originally set to end...
India bonds dip as RBI's diaspora swap move dents sentimentEarly Monday saw a dip in demand for Indian government bonds following the RBI's closure of its swap window. This decision caused the bench...
Trump wants more economic pressure on Iran. What are his options?The United States plans to impose severe economic measures on Iran soon. Washington is considering sanctions on Chinese refiners and banks ...
What Bessent’s economic isolation of Iran could look likeThe US Treasury plans new economic pressure on Iran, facing skepticism from critics. Targeting China's oil purchases poses risks to US-Chin...
Iran President Pezeshkian said to attend BRICS summit in DelhiIranian President Masoud Pezeshkian will attend the BRICS summit in New Delhi this September. He joins other senior leaders, including Russ...