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OIL TRADE CURRENCIES
BRICS isn’t killing the dollar. The world is learning to live without itBRICS aims to decrease reliance on the US dollar by facilitating trade in national currencies among member countries. This trend is evident...- Rupee sinks to two-month low amid FPI selling and rising US yieldsOn Thursday, the Indian rupee declined to a two-month low against the US dollar due to foreign portfolio outflows. Overseas investors sold ...
- Indian rupee rebounds to 95.83 vs US dollar as crude prices easeThe rupee strengthened 0.16% to 95.83 against the dollar, recovering from morning weakness as crude prices eased below $103 a barrel. Dolla...
- Global Market: Euro under pressure from energy shock and political risksThe euro has fallen nearly 2% in September as energy prices, political uncertainty and a stronger dollar weigh on the currency. Concerns ov...
- 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, ...
- Rupee breaches 96 per dollar as oil surge stokes pressure; RBI intervention limits fallThe Indian rupee breached the 96-per-dollar mark for the first time since July as surging crude oil prices and a firm dollar weighed on the...
- Rupee ends nearly flat as traders remain glued to oil moves, RBI caps fallThe Indian rupee showed little change after reaching a two-month low in early trading. Crude oil prices significantly impacted the currency...
- Global Market: South Korean stocks under pressure ahead of trade data, Micron resultsSouth Korean shares were largely flat as semiconductor gains offset declines across other sectors. Investors awaited September trade data a...
- Dollar hold near two-month peak as yields rise, Fed data loomsThe dollar remained stable near a two-month peak while traders closely monitored upcoming US economic reports. Oil prices experienced a sli...
- Global Market Today: Asian shares mixed as surging oil, Treasury yields weighEquity-index futures for Asia were mixed, while contracts for US stocks edged higher after the S&P 500 erased its advance for the month and...
- Rupee, dirham and UPI: India, UAE push cross-border trade without frictionIndia and the UAE are working towards enhancing bilateral trade by adopting local currency transactions and payment system integration. The...
- Rupee slips toward 96 vs US dollar as crude, yields and stocks weigh on currencyThe rupee weakened 0.2% to 95.9825 against the dollar, pressured by surging crude oil prices, US bond yields and a sharp equity sell-off. R...
- Why did stock market crash today? Sensex tumbles 1,124 points, Nifty below 22,800; 6 factors behind Rs 8 lakh crore routOn Monday, the Indian stock market saw a major sell-off, with the Sensex and Nifty indexes plummeting due to escalating Iran-US tensions th...
- Rupee's likely to slip despite RBI push for stabilityThe rupee could decline to 96-97 per dollar by the end of FY27 due to several factors. Persistent outflows from Indian financial assets and...
- Gold price prediction: Experts predict Gold rate for last three months of 2026, first half of 2027Gold price has corrected sharply in September after gaining around 9 per cent in August, with prices down nearly 8 per cent during the mont...
- Global Market Today: Asian shares slide as bond selloff fuels rate fearsAustralian and New Zealand 10-year government bonds slipped in early Asian trading. The yield on a global bond index hit 4% for the first t...
- Global Market: Yuan slips as PBOC signals caution on currency appreciationChina’s yuan weakened Wednesday after the PBOC set a weaker midpoint, ending a 10-session streak of stronger guidance. Rising trade tension...
- Rupee strengthens to 95.59 amid drop in oil prices & RBI dollar salesOn Tuesday, the Indian rupee appreciated to 95.59, benefiting from a decrease in oil prices. The central bank's dollar sales helped mitigat...
- Rupee rises 13 paise to 95.65 against US dollar in early tradeThe rupee appreciated by thirteen paise against the US dollar during early trading, driven by lower crude oil prices and optimism in the lo...
- Rupee snaps losing streak on RBI support, oil retreatOn Friday, the Indian rupee managed to break its losing streak, thanks to active dollar sales by the Reserve Bank of India and a decrease i...
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