Explore the role and impact of reserve currencies in global trade. Understand the dominance of the U.S. dollar and future challenges it faces in the international market.
India’s central bank is stepping up efforts to stabilise the rupee and government bond market as global crude oil prices surge above $100 a barrel, raising concerns about inflation, the trade deficit ...
India is driving a recalibration by fostering bilateral trade settlements in local currencies, a calculated bid to enhance monetary sovereignty and reduce dollar dependency.
The naira weakened against the United States dollar on Monday in the NFEM window despite a rise in foreign exchange inflows into the ...
Know about fiat-backed crypto and anchored digital assets solve market volatility. Learn how these stable tokens improve ...
Nigeria's naira weakens to N1,405.62 against the dollar despite rising FX inflows and improved reserves, signalling a potential convergence in the exchange market.
Nigeria's naira weakens to N1,405.62 against the dollar despite rising FX inflows and improved reserves, signalling a potential convergence in the exchange market.
Argentine President Javier Milei, a staunch ally of US President Donald Trump and Israel, hails the benefits of the Iran war for his country’s exports and foreign currency reserves.
Crude oil directly impacts fuel prices and indirectly affects transportation, manufacturing, logistics, and food supply chains.
While the Central Bank currently holds a healthy $7 billion reserve buffer to manage foreign exchange demand, a prolonged oil ...
Sri Lanka Prime Minister, on a visit to the Philippines, has held bilateral meetings to strengthen cooperation in education, skills development, and agricultural research.
Precious metals continued to trade in the green in the late session on March 10 (17:36 IST), supported by gains in international markets. On the MCX, gold was trading at Rs 1,61,693 per 10 grams, up ...