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The Indian Rupee is expected to maintain a steady trajectory, trading around Rs 95 per US dollar by the end of 2026, according to a BMI report released on Wednesday. Currently priced at Rs 95.20, the currency faces pressure due to ongoing US-Iran tensions, affecting emerging market currencies, particularly those of energy-importing nations like India.While factors such as the Iran conflict impact the Rupee's value, the Reserve Bank of India (RBI) plans strategic interventions to stabilize the currency, amid a weakening position caused by slowing profit repatriation and significant foreign...

The U.S. dollar experienced a sharp fall against the yen and other major currencies on Thursday, following intervention by Japanese authorities. The move was aimed at strengthening the yen amid ongoing geopolitical tensions that have impacted global markets. Finance Minister Satsuki Katayama hinted at the need for decisive market actions earlier in the day.Japan's intervention followed signals from the Finance Ministry about measures to support the weakening yen, which had reached its lowest level against the dollar since July 2024. The dollar's drop, the largest since December 2024, came as...