India scrambles to steady rupee as oil shock bites
The rupee hit a record low of over 96 to the US dollar, prompting officials to signal that halting further...
Currencies
Build forex fortress: Monetise public assets in dollars
Instead of listing individual infrastructure investment trusts for roads, power or rail, why not offer a diversified bundle denominated in...
CBN’s new FX manual signals fresh phase of currency market reforms
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), has said the launch of the revised Foreign Exchange (FX)...
Ethiopia records export boom with $8.7 billion in revenue after currency reforms
The East African country exceeded its $7.25 billion export target by 20%, according to the Ministry of Trade and...
BOJ’s Himino calls for ‘holistic approach’ on global monetary system
By Leika KiharaTOKYO, May 16 (Reuters) – Bank of Japan Deputy Governor Ryozo Himino on Saturday called for a “holistic...
Russia Strengthens Ruble Against Dollar and Major Currencies…
The Central Bank of Russia adjusted the exchange rates of major currencies against the ruble on Friday, strengthening the national...
Sri Lanka imposes 50% surcharge on car imports to protect currency from further slide
President Anura Kumara Dissanayake, who is also the finance minister, said “by this order levy on imported goods specified in...
Indian Rupee Falls Sharply Against Pakistani, Bangladeshi and Afghan Currencies
The Indian rupee has weakened against several regional currencies in 2026, showing notable declines against the Pakistani rupee, Bangladeshi taka,...
Rupee ends mixed against major global currencies
The Indian rupee showed mixed movement against major global currencies during the week ending May 15, according to RBI data.The...
Mitsubishi UFJ NICOS to Raise Overseas Transaction Fees for Foreign Currency Shopping
Mitsubishi UFJ NICOS and its franchise partner companies will revise the administrative fee (overseas transaction fee) mainly charged for shopping...
