Financial News
RBI’s $5 Billion Swap Maturity Escalates Cash Dollar Demand
26.10.2023
RBI’s $5 Billion Swap Maturity Escalates Cash Dollar Demand
The maturity of the Reserve Bank of India’s (RBI) $5 billion swap has led to an increased demand for…
Digital ruble launch not expected to overshadow other payment methods, says Central Bank of Russia
26.10.2023
Digital ruble launch not expected to overshadow other payment methods, says Central Bank of Russia
The Central Bank of Russia has indicated that the upcoming launch of its central bank digital currency (CBDC), the…
Dollar Index Slips, Euro Rises Amid Fed Chair’s Dovish Remarks
26.10.2023
Dollar Index Slips, Euro Rises Amid Fed Chair’s Dovish Remarks
The dollar index experienced a 0.33% decrease on Thursday, October 19, 2023, following Federal Reserve Chair Powell’s indication of…
Asia FX muted as Powell comments offer little cheer, dollar steadies
26.10.2023
Asia FX muted as Powell comments offer little cheer, dollar steadies
Investing.com— Most Asian currencies kept to a tight range on Friday, while the dollar steadied following somewhat mixed comments…
India cenbank sold net $3.86 billion in spot forex market in August – bulletin
26.10.2023
India cenbank sold net $3.86 billion in spot forex market in August – bulletin
FILE PHOTO: A Reserve Bank of India (RBI) logo is seen inside its headquarters in Mumbai, India, April 6, 2023.…
Johnson elected as House Speaker, averting potential government shutdown
26.10.2023
Johnson elected as House Speaker, averting potential government shutdown
In the latest turn of events, the U.S. House of Representatives elected Rep. Mike Johnson as Speaker on Wednesday, ending…
Oil traders race to negotiate deals after US eases Venezuela sanctions
26.10.2023
Oil traders race to negotiate deals after US eases Venezuela sanctions
FILE PHOTO: Cutouts depicting images of oil operations are seen outside a building of Venezuela’s state oil company PDVSA in…
EU on track to quit Russian fossil fuels — report
26.10.2023
EU on track to quit Russian fossil fuels — report
FILE PHOTO: European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo…
Oil tumbles 3% as world powers work on diplomacy for Gaza
26.10.2023
Oil tumbles 3% as world powers work on diplomacy for Gaza
Investing.com — The “no free lunch” metaphor is becoming clearer for the long-oil community that had doubled down on…
Oil drops over 2% as diplomatic moves in Gaza war ease supply concerns
26.10.2023
Oil drops over 2% as diplomatic moves in Gaza war ease supply concerns
2/2 FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out…