A pedestrian walks past an Indian rupee symbol installation outside the Reserve Bank of India (RBI) building in Mumbai on May 17, 2026. Punit Paranjpe | Afp | Getty Images India’s central bank on Friday held interest rates at 5.25% at a time when surging global energy costs have hammered its currency, while the Iran … Read more
People walk past Reserve Bank of India signage in front of an installation stall at Global Fintech Fest in Mumbai, India, on Aug. 28, 2024. Indranil Aditya | Nurphoto | Getty Images India’s central bank may defy expectations that it will leave its benchmark interest rate unchanged during its monetary policy decision meeting on Friday. … Read more
The US Treasury Department in Washington, DC, US, on Thursday, April 16, 2026. Taxday inflows jolted the US Treasury’s cash balance on Wednesday, lifting it by the most since September, a shift that briefly pulled liquidity out of the financial system even as pressures remained contained. Matt McClain | Bloomberg | Getty Images Foreign governments … Read more
While authorities have typically refrained from immediately confirming currency interventions, they usually issue warnings beforehand — an intentional, strategic ambiguity that keeps the element of surprise to maximize market impact. Richard A. Brooks | Afp | Getty Images After multiple warnings against the “speculative” and “one-sided” currency moves, Japan’s Ministry of Finance appears to have put its … Read more
A month into the worst oil supply disruption since the 1970s Arab embargo, the economic pain spreading across Asia is reviving an uncomfortable question: Could this be 1997 all over again? The parallels are hard to ignore. Asian currencies are under pressure, risking the risk of capital outflows. Spiking energy costs have pushed governments to … Read more
It may be time to dive deeper into the emerging markets trade. Despite risks tied to the war with Iran, Global X ETFs’ Malcolm Dorson points to weaker dollar trends and uncertainty at home as a tailwind for the group. “It might be time to double down,” the firm’s senior portfolio manager told CNBC’s “ETF … Read more
The People’s Bank of China (PBOC) building in Beijing, China, on Tuesday, April 18, 2023. Bloomberg | Getty Images China’s central bank kept its benchmark lending rates unchanged Tuesday as authorities navigate a balancing act of supporting a slowing economy while maintaining currency stability. The People’s Bank of China held its 1-year and 5-year loan … Read more