China nears launch of mBridge as alternative to Swift – report
China is moving towards the commercial rollout of mBridge, a cross-border digital currency platform positioned as an alternative to established...
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India’s central bank likely sold $12 billion gold reserve in just two weeks to support the rupee – BE report
(Kitco News) – The Reserve Bank of India likely sold $12 billion of its gold reserves and bought $7.5 billion...
Aggressive Asia hikes show few signs of stabilising currencies
Published Fri, May 29, 2026 · 12:51 PMASIAN central banks are turning to ever more aggressive interest-rate hikes to shore...
India’s new gold and silver import duties trigger cascade of impacts across metals and currency markets
(Kitco News) – While short-term headwinds from the Iran war continue to cap precious metals prices, most analysts see the...
War turmoil drains Asian reserves with India, Philippines among hardest hit | World News
By Subhadip Sircar
Foreign-exchange reserves are slumping across Asia as policymakers shell out funds to defend their...
Top 10 currencies in 2026 include Hungarian forint: Why they’re beating the US dollar
At the start of 2026, currency markets were mapping a fairly conventional world: a US economy slowing enough for the...
Volatility Stymies Asian Carry Even as Returns Rise, ANZ Says
(Bloomberg) -- Elevated currency swings make carry trades unattractive in emerging Asia, according to Australia & New Zealand Banking Group,...
Dollar Dips as Global Currencies Soar After US-Iran Ceasefire
The dollar has plunged to its weakest point in a month amid a surprising rally by the euro, yen,...
Asia’s Currency Squeeze Amid Iran War Energy Shock
Amid the ongoing Iran war, several Asian nations, such as India and the Philippines, have intervened in foreign exchange...
Indians’ investments in gold ETFs triples in 2025
The total assets under management (AUM) more than doubled in 2025 globally, while it nearly tripled in India, data from...
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