archiveIran conflict

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 minor decline on Tuesday as the currency markets turned their attention to the ongoing developments in the Iran conflict. Meanwhile, the yen saw minor fluctuations amid perceptions of intervention by Tokyo, which previously led to significant gains for the Japanese currency last week.U.S. Defense Secretary Pete Hegseth confirmed that the ceasefire with Iran remained intact despite ongoing exchanges in the Gulf. This assurance comes as U.S. President Donald Trump prepares for an important meeting with Chinese President Xi Jinping.Shaun Osborne from Scotiabank highlighted the currency...