CEO Of Biggest Bank in BRICS Says Trade Between Russia and India Sidestepping US Dollar
The CEO of Sber’s India branch says a majority of trade between Russia and India is now being settled in...
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Indian rupee edges higher as Asian currencies gain, interbank dollar selling supports
The Indian rupee inched higher on Friday, supported by gains across Asian currencies and increased interbank dollar offers, as exporters...
Rupee bottomed out after being worst EM performer in 2025: Jefferies report
Jefferies attributed this potential stabilisation (bottoming out) to India’s resilient macroeconomics. | Photo Credit: VIJAY BATE India's currency rupee may...
IMF Issues ‘Currency Risk’ Warning As Countries Swap US Dollar Loans Into Yuan: Report
The International Monetary Fund (IMF) just issued a warning to countries converting their dollar loans from China into yuan. The...
Currencies in Flux: Will U.S. Shutdown Resolution Energize Global Markets?
The yen finds itself near its weakest position in months against riskier currencies, with traders observing developments in the...
India’s forex reserves drop further, but still around record high of $704.9 billion
In 2023, India added around $58 billion to its foreign exchange reserves, contrasting with a cumulative decline of $71 billion...
BRICS Nation Russia Accelerates De-Dollarization, Says 95% of Trade With China and India Now in Local Currencies
Russia is essentially sidestepping the US dollar for nearly all of its international trade, according to one of the BRICS...
Central banks’ buying pushes gold reserves to 60-year high
Dar es Salaam. A surge in gold purchases by central banks globally has pushed the precious metal to become the...
Elon Musk Hails Bitcoin As Energy-Based Alternative to ‘Fake’ Fiat Currencies
Elon Musk is touting Bitcoin as an energy-based system that counters constant debasement from traditional currencies like the US dollar....
How Asia can reduce its dollar dependence
SINGAPORE – The U.S. dollar remains the world’s leading reserve currency, but recent developments — particularly President Donald Trump’s unilateral...
