The Indian rupee has weakened in 2025 due to US tariff policies, foreign outflows, and market uncertainty, depreciating over 2% against the dollar. While exporters struggle with rising input costs, importers face higher expenses for essential goods. The depreciation has also made foreign education and travel costlier, though NRIs benefit...
At the BRICS summit in Kazan, member countries made significant strides toward de-dollarization, aiming to reduce their reliance on the U.S. dollar for international transactions. This initiative was underscored by the unveiling of a symbolic BRICS banknote featuring the flags of Brazil, Russia, India, China, and South Africa, signaling a...
World trade hit a record US$ 32 trillion in 2022, but growth turned negative in the closing months of 2022. A report by Geneva-based United Nations Conference on Trade and Development (UNCTAD), says that developing countries’ trade was particularly weak during the Quarter 4 of 2022. Inspite of the bleak...
The US dollar has enjoyed an exorbitant privilege for over a century, but its unwavering reign is now being seen as under threat. Analysis shows, on the other hand, that a clear contender is not emerging, and the dollar’s safe haven status continues to make it the overwhelming favourite in...
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