Currencies

External Affairs Minister Dr S Jaishankar (left) and Russia’s Foreign Minister Sergey Lavrov | Photo Credit: ANI India’s high-level delegation that will visit Russia next week will also include senior trade officials, as bilateral trade would be a crucial part of the talks, sources said. Local currency settlement is also likely to be a part of the talks.The Indian team will be in Moscow on August 20-21 and is expected to take forward discussions on a free trade agreement (FTA) with the Eurasian Economic Union (EEU) countries, a source tracking...

Investing.com-- Most Asian currencies firmed on Thursday, with the Japanese yen in the lead as the dollar was pressured by markets pricing in an interest rate cut by the Federal Reserve in September.  The yen was boosted by increased speculation over a rate hike by the , after U.S. Treasury Secretary Scott Bessent warned that the BOJ was falling behind in its efforts to curb inflation.  Broader Asian markets benefited from improving risk appetite and a softer dollar, as markets priced in an almost 100% chance the Fed will cut rates...