Japan’s yen weakened following the election of Sanae Takaichi as prime minister, with traders pointing to expectations of more government spending and uncertainty over monetary policy. First Female Prime Minister Takaichi, a conservative lawmaker, became Japan’s first female prime minister on
The Indian rupee rose by 26 paise to settle at ₹87.82 per U.S. dollar on Thursday, marking its strongest level in nearly a month. The rebound came after a period of weakness that saw the currency slip past the ₹88 mark earlier this month. Intraday trend The rupee opened at ₹87.90 and traded between a […]
U.S. President Donald Trump has alleged that the BRICS grouping was created to undermine the U.S. dollar, calling it “an attack on the dollar.” He said his administration responded by warning of tariffs on BRICS members if they attempted to reduce reliance on the U.S. currency. Claims of Members Dropping Out Trump also claimed that […]
On Monday, the Indian rupee gained 6 paise to close at ₹88.20 per US dollar in interbank trading. This was a marginal improvement driven by range-bound trading and a slightly weaker US dollar. Market Dynamics Traders noted controlled volatility in the forex market. Some attributed the rupee’s mild strengthening to possible intervention by the Reserve […]
India has firmly stated that de-dollarisation is not part of its financial agenda, even as discussions continue among BRICS nations on using local currencies for trade. MEA Clarifies India’s Position The Ministry of External Affairs confirmed that India has not taken steps to move away from the U.S. dollar. While other BRICS countries have floated […]
US President Donald Trump has once again threatened to impose an additional 10% tariff on imports from BRICS countries, accusing the group of promoting policies that undermine the United States. Speaking during a public address after signing a new cryptocurrency regulation bill, Trump warned that any nation engaging in what he called “anti-American” trade moves […]















