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Traders say the Reserve Bank of India may sell dollars via state-owned banks to support the rupee.

2026-06-24

Traders say the Reserve Bank of India may sell dollars via state-owned banks to support the rupee.

Other News
2026-06-24

The Bank of Thailand kept its policy rate at 1.00%, in line with market expectations, and said it is reassessing economic risks from the Middle East conflict. While war-related risks have eased, uncertainty remains elevated. Several central banks, in

The Bank of Thailand kept its policy rate at 1.00%, in line with market expectations, and said it is reassessing economic risks from the Middle East conflict. While war-related risks have eased, uncertainty remains elevated. Several central banks, including the Fed, have taken a wait-and-see stance; Japan, Indonesia and the Philippines raised rates last week to offset conflict-related shocks. The BOT said pre-ceasefire cost shocks had squeezed firms, weakened household purchasing power and hit tourism through higher costs and travel constraints, and that lagged effects will continue to weigh on growth. It also flagged El Nifio-driven food supply risks and ongoing uncertainty from US tariff policy. Many economists expect the BOT to remain on hold for the rest of the year, maintain an accomodative stance to support a still-fragile economy.
2026-06-23

The preliminary reading of the S&P Global Composite PMI for June in the United States was 52.2, a new high in five months; the preliminary reading of the S&P Global Services PMI for June in the United States was 51.3, a new high in four months; and t

The preliminary reading of the S&P Global Composite PMI for June in the United States was 52.2, a new high in five months; the preliminary reading of the S&P Global Services PMI for June in the United States was 51.3, a new high in four months; and the preliminary reading of the S&P Global Services PMI for June in the United States was 55.7, a new high in 49 months.
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