U.S. consumer inflation picks up in August as gas prices surge
WASHINGTON >> U.S. consumer prices accelerated in August, while a key measure of underlying inflation posted its largest increase in four months, reinforcing...
Daily Forex News & Market Updates
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RBI issues draft SOP for temporary debit holds on money-mule, cyber fraud accounts
The proposed framework sets out timelines for banks to identify suspicious transactions, notify customers, examine explanations and remove debit holds
Fed chief under pressure to defy Trump with interest rate hike as soaring oil price threatens fresh inflation shock
The head of the Federal Reserve is on collision course with Donald Trump after US inflation figures piled pressure on the central bank to defy the President and...
Russia's Central Bank holds key rate for the first time since mid-2025
The Russian Central Bank's board of directors on Sept. 11 decided to keep the key rate at 14%, the first time the regulator has opted not to cut it since mid-June...
India's forex reserves surge $44.90 billion to record $785.71 billion, RBI data shows
The increase was mainly driven by a sharp rise in foreign currency assets, while gold reserves declined during the week. The record reserves provide India with a...
CBN disowns fake viral $46 billion grant approval document
The Central Bank of Nigeria (CBN) has dismissed as fake a viral document claiming that it approved the release of $46 billion to a development organisation for...
US Dollar Weekly Forecast: No country for soft landings
There was no respite to the downward trend for the US Dollar (USD) this week, which added to the prior week’s retracement and at some point flirted with the area...
Fed rate hike likelihood jumps to nearly 90% after hotter CPI report
Investors believe the Fed will raise borrowing costs as it works to tame inflation, which has risen a full percentage point since the Iran war started.
BRICS finance chiefs urge reform of global development financial institutions
BRICS finance chiefs urge reform of global development financial institutions
Pushes cross-border payments, currencies
BRICS nations under India's 2026 Chairship prioritize local-currency settlements, cross-border payment interoperability, and financial resilience to combat global...
India partially cancels debt sale for first time in a year
India's RBI partially cancels a debt sale, signaling potential shifts in interest rates amid rising bond yields.
Bolivia's Diesel Crisis Just Got a Deadline: October 10, Democracy Day
Santa Cruz gave Bolivia's government until October 10 — its own Democracy Day — to fix a diesel crisis whose true monthly cost officials can't agree on.