Dollar Strengthens, Yen Weakens Amid Iran Tensions
Global financial markets recently witnessed the United States dollar strengthen and the Japanese yen weaken past 160, largely attributed to rising tensions involving Iran and a subsequent bond market selloff.
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RBI Notifies Over $65 Billion FCNR-B Inflows, Ends Swap Scheme
The Reserve Bank of India has reported substantial foreign exchange inflows, with FCNR B deposits alone exceeding $65 billion, prompting an early end to its foreign currency swap scheme ahead of the August deadline.
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Markets Brace for Fed Decision, Big Tech Earnings
Financial markets are closely watching the upcoming Federal Reserve rate decision and eagerly anticipating major earnings reports from tech giants Meta and Microsoft.
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