Customs Seizes ₹7.63 Crore Smuggled Foreign Currency In Mandavi Raid; Illegal Forex Dealer Arrested
Customs officials seized foreign and Indian currency worth Rs 7.63 crore during a raid at an office in Mandavi, South...
Currencies
NZD outperforms, higher on all the key crosses
The overnight trading session has been quiet given the US Thanksgiving holiday, with little news or price action. S&P500 futures...
Nepal reignites border dispute with India; issues ₹100 bank notes with map showing Kalapani, Lipulekh, Limpiyadhura
Nepal on Thursday issued new ₹100 currency notes, featuring a new map that includes Kalapani, Lipulekh and Limpiyadhura territories. The...
Dollar’s Unexpected Dance: A Fluctuating Week in Global Currency Markets
The U.S. dollar is on track for its steepest weekly decline in four months, driven by investor belief in upcoming...
IMF reclassifies India’s exchange rate as ‘crawl-like’, signals greater flexibility
In its latest policy assessment released Wednesday, the International Monetary Fund shifted India’s “de facto” exchange rate classification to a...
Rupee Up 45th Consecutive Day Against US Dollar, Performs Poorly Against Others
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) 45th day in a row on Thursday. Meanwhile,...
How India’s Rupee ended up as Asia’s worst currency in 2025
The Indian rupee is currently Asia’s worst-performing currency of 2025. It is also on track for its largest annual decline...
How India’s rupee ended up as Asia’s worst currency this year
To stabilise the rupee, India’s central bank has sold over US$30b in FX assets since late July The Indian rupee...
Asian Currencies Edge Higher as Fed Rate-Cut Bets Strengthen
Asian currencies saw modest gains on Thursday as the U.S. dollar softened, driven by rising expectations that the Federal Reserve...
Foreign Currency Hawala Racket Busted in Mumbai, Rs 2.07 Cr Seized; Middle East Link Under Probe
Mumbai: In a major crackdown, the Mumbai Customs Rummaging and Intelligence (R&I) unit has busted an illegal foreign currency hawala...
