Africa
Naira and Ugandan shilling face pressure as other African currencies steady
Import demand is weighing on Nigeria and Uganda, while dollar supply and corporate sales are cushioning Kenya, Ghana and Zambia.
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Results for “Currency Intervention”
Africa
Middle East
Iran's rial falls to new low as central bank offers up to $2 billion
The currency weakened beyond 2.68 million rials per dollar as sanctions, the naval blockade and inflation above 70% drove demand for hard currency and gold despite a state-bank intervention.
India
India's rupee and bonds face renewed pressure as oil rises and Iran diplomacy fades
Elevated oil prices, multi-year highs in global yields and growing expectations of an RBI rate increase left Indian markets exposed during a holiday-shortened week, despite continuing central-bank support.
India
India moves to dismantle tax barriers for offshore funds managed onshore
A 2026 tax amendment would scrap investor-count, concentration and minimum-corpus tests for eligible offshore funds, unify treatment inside and outside India's financial services center and extend a broader drive to attract foreign capital.
Asia
Bank of Japan opens door to early rate hike as inflation and yen risks intensify
The central bank held its policy rate at 1 percent but warned for the first time that underlying inflation could exceed target, placing the September meeting and further monetary tightening in focus.