US puts sanctions on Iranian foreign currency exchange, front companies
The US Treasury Department's Office of Foreign Assets Control (OFAC) imposed sanctions on an Iranian foreign currency exchange house and...
archiveoil
The energy crisis is becoming a currency crisis
Have a look at a list of the worst-performing currencies since the start of the U.S. and Israeli war with...
India curbs foreign currency inflows with new measures
New Delhi, India – The Indian government has announced a package of urgent measures to restrict silver imports in an...
Asia Scrambles as Oil Shock Deepens
Governments across Asia are scrambling to cushion their economies from a deepening energy crisis triggered by the Iran war, as...
Japan just put a ‘Band-Aid’ on the yen. Why high oil prices could soon rip it off.
Why Japan’s recent intervention to boost its weak currency is like putting a Band-Aid on a wound that needs stitches,...
Stock market today: Dow, S&P 500, Nasdaq drop as chip stocks sink on OpenAI report, oil rises
US stocks slipped from record highs on Tuesday as OpenAI (OPAI.PVT) doubts weighed on tech stocks and the United Arab...
Ringgit closes flat against US dollar, higher against other currencies
KUALA LUMPUR: The ringgit closed higher against major and regional currencies but was flat against the US dollar today amid...
Manila Bulletin – Peso takes biggest hit as oil shock pressures Asian currencies
While Asian currencies have been on a modest decline since Middle East tensions flared up, Japanese financial giant MUFG Bank...
India Settles Payments for Iranian Oil in Yuan
WANA (Apr 17) – Reports indicate that Indian refineries are settling payments for Iranian oil shipments...
Macroscope | Bullish narrative around India’s economy at odds with struggling rupee
At first glance, the rupee is staging a recovery. India’s battered currency has gained around 1.5 per cent since March...
