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

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 […]