Date: March 6, 2025 RBI Steps in to Ease Liquidity Stress The Reserve Bank of India (RBI) has announced a liquidity infusion through Open Market Operations (OMO) purchases and USD/INR Buy/Sell swap auctions to support the banking system. These measures come at a time when liquidity deficit has sharply reduced
President Trump has warned the BRICS countries (Brazil, Russia, India, China, South Africa) that if they try to move away from using the U.S. Dollar for international trade or create a new currency, they will face 100% tariffs. He stated that the U.S. will not allow any country to replace
The pound fell to its lowest since late 2023 on Thursday, under pressure from a selloff in global bonds that has driven the UK government’s borrowing costs to their highest in over 16 years, which has reignited concern about Britain’s finances. GBPINR pair was last down 0.42% at 105.69, having
The Indian rupee plunged to an all-time low on Friday, driven by maturing non-deliverable forwards andcurrency futures that boosted dollar demand. The sharp decline triggered panic dollar buying byimporters, adding to the pressure. The rupee weakened to a record low of 85.8075 against the U.S. dollar before the Reserve Bank of
Yen Soars 2% Amid Tariff Fears—What’s Next After Tokyo CPI? USD/JPY plunged below the 151.00 mark in Early Asian trade today USD/JPY plunged below the 151.00 mark in Early Asian trade today. The pair saw pressure following the release of strong November inflation figures from Tokyo, Japan’s capital, which backs
China’s yuan weakened against the U.S. dollar on Wednesday, hovering near a 4-month low, as industrial profits extended declines in October and investors assessed potential impacts of new U.S. tariffs. Official data showed October profits fell 10% year-on-year, following a 27.1% slump in September, highlighting ongoing demand weakness in China’s
The Indian rupee touched its weakest level on record on Monday, as persistent outflows from local stocks blunted the impact of a weaker dollar that helped lift the currency’s regional peers ahead of the U.S. presidential election. The rupee closed at 84.1150 against the U.S. dollar after touching its all-time
The pound rose and volatility edged up as traders awaited the details of the UK budget to be released today. Ahead of the release, UK Finance minister Rachel Reeves announced that the minimum wage for most adults will increase by 6.7% from April next year. The GBP/INR was last unchanged
This famous quote by David Hawkins seems to resonate with the situation that we can see at the BRICS summit these past 3 days. ” We change the world not by what we say or do but as a consequence of what we have become” As a consequence of Global
Ishiba’s Risky Election Bet May Boost BOJ, big swing expect in Yen Japan’s Prime Minister Shigeru Ishiba faces a crucial test in the Oct. 27 snap election, where the Liberal Democratic Party (LDP) risks losing its outright majority. Despite this, the LDP is expected to remain in power, providing stability
