Macroeconomic stability getting bolstered, says RBI monthly bulletin

Jan 19, 2023

The article said emerging markets are appearing more resilient than in the year gone by, but their biggest risks in 2023 stem from US...

COVID-19 exposes Asian banks' vulnerability to US dollar funding: ADB

Jul 21, 2020

Manila [The Philippines], July 21 : The COVID-19 pandemic has yet again unravelled global financial markets, putting Asia's financial resilience to the test, the...

Rupee depreciates to fresh low, leaning towards 84 over global market concern

Aug 05, 2024

The Indian rupee depreciated versus the US dollar on Monday to touch its all-time low, tracking global heavy selling in stock markets, over risks...

Biden signs executive order on cryptocurrencies, places urgency on digital dollar research

Mar 10, 2022

Washington [US], March 10 (ANI/Xinhua): US President Joe Biden on Wednesday signed an executive order calling on the whole government to examine the risks...

Russia, China must move away from western-controlled payment systems, says Lavrov

Mar 22, 2021

Moscow [Russia], March 22 : Amid the growing bans by the United States on Beijing and Moscow, Russian Foreign Minister Sergey Lavrov has said...

US dollar gains strength as Chinese Yuan depreciates amid its shrinking economy

Jan 26, 2023

Notably, in the wake of the Covid-19 pandemic, people see the dollar as the safe place to put their money in, avoiding risks; not...