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News world Message To Trump? India To Debate De-Dollarisation With Allies At BRICS Summit 2026 Last Updated:September 08, 2026, 3:56 PM IST Alternative payment arrangements could reduce the need for BRICS countries to use the dollar for some bilateral and multilateral transactions. India’s BRICS Dedollarisation Push India’s push for local-currency trade and easier cross-border payments…
News world The Struggle Is ‘Rial’: Inside Iran’s Currency Collapse & What Rs 100 Now Buys In Tehran Last Updated:August 27, 2026, 03:41 IST As Washington intensifies its financial pressure campaign against Tehran, the free-market exchange rate crashed past 2.02 million rials per dollar A man withdraws Iranian rial notes from an automated teller machine…
Preparations have started in America to release 250 dollar note with Donald Trump’s picture. The Trump government says that if Congress (Parliament) changes the law, the way for printing new notes will be cleared. US Treasury Secretary Scott Besant said that currently there is a rule in America, under which the photograph of any living…
Last Updated:May 21, 2026, 5:40 PM IST The People’s Bank of China fixes the yuan’s midpoint at 6.8349 per dollar on Thursday, its strongest fixing since February 2023. The yuan has been gradually appreciating in value since last year, helped by strong Chinese exports and improving investor sentiment towards China. The Chinese yuan is gaining…
For the first time in America, the signature of a sitting President will be on the dollar note. President Donald Trump’s signature will soon appear on American currency. This decision has been taken by the US Treasury. Trump’s signature will be on the note along with the signature of Treasury Secretary Scott Besant. Dollar notes…
New Delhi: Global markets have been tumultuous since the beginning of the ongoing Iran war as the conflict has disrupted oil supply significantly. Since the war has triggered a sell-off of equities (considered riskier), investors are scrambling to park their money in safe-haven assets. Traditionally, gold or the US dollar have been the go-to asset(s)…
United Kingdom: The surge in energy prices triggered by the conflict in the Middle East has significantly strengthened the dollar, paradoxically undermining US President Donald Trump’s economic objectives. AFP looks at the reasons behind the greenback’s rise against rivals. King Of Oil At the start of the conflict almost two weeks ago, investors began massively…
New Delhi: The overnight signs of a climbdown in Greenland-related tensions will provide relief to market sentiments and rupee volatility is likely to persist in the near term but depreciation is expected to be more gradual than the recent sharp moves, a report showed on Thursday. The rupee rebounded from its all-time low levels to…
New Delhi: Sharing his annual outlook for the new year, S Naren, Executive Director and Chief Investment Officer at ICICI Prudential Mutual Fund said 2025 turned out to be a “year of hibernation” for Indian markets, even though the country’s macroeconomic fundamentals remained strong. “India maintained low fiscal and current account deficits, controlled inflation and…
New Delhi: The prices of major imported agricultural goods in South Korea have risen sharply in recent years, outpacing global price increases due to the weakening of the South Korean won against the US dollar, data showed on Sunday. According to the Bank of Korea, the import price index for coffee came to 307.12 in…