As the US reciprocal tariffs hit global markets, Neelkanth Mishra, chief economist at Axis Bank, said on Monday that some ...

Some of these tariffs would ultimately be eliminated through negotiations, but others would stay, fulfilling the twin objective of raising revenue and undermining the U.S. dollar's status as the world ...

The deepening trade war triggered a buzz in money markets across the globe that China may devalue the yuan against the dollar in a departure from their policy of pursuing a stable currency ... A ...

Despite a slowed rate in the monthly devaluation of the peso currency, known as the crawling ... Nearly 100 killed after heavy rain in India, Nepal 5:24 AM UTC · Updated ago Worldcategory Iran ...

were convinced that the devaluation of the Pound was inevitable after England linked its currency in an exchange rate mechanism to the Euro that made British industry less competitive. The Bank of ...

Wall Street's main indexes were set to open higher on Friday following earnings from big banks including JPMorgan, while ...

The risk of a currency war is high, and once devaluation begins, the situation could spiral ... generation and to address the US dollar's dominance in global trade. For India, Mishra sees the risks as ...

India and China ... bank eased its grip on the currency. Charlie Robertson of FIM Partners said: “The biggest next round of risk comes from Chinese currency devaluation.” ...

The value of any currency and its exchange rate was, henceforth, based on the public’s (including global investors’) faith in its issuing country. The Volcker Shock The dollar’s devaluation and end of ...

Story continues below this ad Earlier, on Monday (April 7) the Indian stock markets experienced a sharp ... with existing External Commercial Borrowings (ECBs) 3. Devaluation of domestic currency ...