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Currencies

Rupee weakens alongside Asian peers, oil pullback cushions losses

MUMBAI, June 23 (Reuters) - The Indian rupee declined on Monday alongside Asian currencies, as investors turned to safe-havens such as the U.S. dollar amid escalating tensions in the Middle East, although a retreat in crude oil prices helped cushion their losses.Market participants remained focused on Iran's response to U.S. attacks on its nuclear sites. Sign up here.The rupee closed at 86.75 against the U.S. dollar, down 0.2% from its close at 86.5850 in the previous session.Brent crude oil futures hit a five-month peak of $81.40 per barrel earlier in...
Currencies

Supranext Launches Complementary Currencies in the US to Strengthen Local Economies and Support Small Businesses

Supranext launches complementary currencies in the US to revive local economies and empower small businesses through a stable, three-tiered system of crypto, paper, and coin-based tools. Rome, Italy, June 12, 2025 (GLOBE NEWSWIRE) -- Supranext, a next-generation hybrid financial operator, announces the launch of its three-tiered complementary currency system, comprising a crypto-based token, physical paper vouchers, and metallic coins. The system aims to function alongside national currencies, offering a new form of liquidity to underserved regions and businesses. Supranext"Our goal is to infuse vitality into the parts of the US...
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