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Keywords: Exchange


World bank warns of downside risks to India’s growth outlook

The World Bank has cautioned that risks surrounding India’s projected economic growth remain tilted to the downside, despite a generally stable macroeconomic environment. India’s economy is expected to grow by around 6.6% in the 2026–2027 fiscal year, maintaining its position among......

Turkish stock exchange rebounds with strong midweek opening

Türkiye’s main stock index posted a strong recovery at midweek, reflecting renewed investor confidence after a previous session marked by losses. On Wednesday morning, the benchmark BIST 100 index opened at 13,353.43 points, recording a notable increase of 3.34%, equivalent to a gain of 431.87......

US court rules States cannot block prediction market platform Kalshi

A U.S. federal appeals court has ruled that the state of New Jersey cannot block the operations of Kalshi, a platform that allows users to trade on the outcomes of real-world events, including sports. The decision marks a significant development in the legal debate surrounding prediction markets and......

Rupee rally drives surge in hedging costs as importers rush to secure dollars

A recent rally in the Indian rupee has triggered a sharp increase in hedging activity, as importers move quickly to secure favorable exchange rates for future dollar payments. The appreciation of the currency follows measures introduced by the Reserve Bank of India to curb speculative trading and arbitrage......

India tightens foreign exchange rules to support the rupee

India’s central bank has introduced stricter foreign exchange measures aimed at stabilizing the national currency, as authorities seek to reduce volatility linked to global market pressures. The Reserve Bank of India (RBI) recently implemented new rules limiting banks’ exposure to foreign......

Japan warns speculators as yen nears 160 amid escalating Iran conflict

Japanese Finance Minister Satsuki Katayama intensified warnings to currency speculators on Friday as the yen traded near the critical level of 160 per dollar, a threshold widely regarded as a trigger for government intervention. The warning came hours after President Donald Trump's televised address......

India tightens currency controls as rupee faces growing pressure

India’s central bank, the Reserve Bank of India (RBI), has introduced new restrictions on currency trading as the rupee continues to face sustained pressure in global markets. The move aims to stabilize the currency and limit speculative activity. Under the new directive, banks and authorized......

Indonesia to send Komodo Dragons to Japan for breeding exchange

Indonesia announced on Monday that it will loan two Komodo dragons to Japan's Shizuoka prefecture as part of a breeding programme aimed at supporting the survival of the endangered reptiles. In exchange, Japan will send several animals to Indonesia, including red pandas and giraffes, officials said. Ahmad......

Indian banks request three-month window to comply with new FX limits

Several Indian banks have asked the Reserve Bank of India (RBI) for a three-month period to comply with newly imposed foreign exchange position limits, according to sources familiar with the matter. Banks warn that immediate enforcement could lead to disorderly position unwinding and potential financial......

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