The Iran conflict could raise additional challenges for some emerging market sovereigns, including India, as far as energy imports, remittances, fiscal subsidies, exchange rates and access to international finance are concerned, said Fitch Ratings.
The Bangladesh Energy Regulatory Commission (BERC) on Sunday announced a revision in the price of Jet A-1 aviation fuel for March 2026, following a detailed review of international price trends, foreign exchange rates, and local fuel cost factors, as escalated conflict in West Asia has choke
The report noted, "If the crisis persists, it could have material implications for the exchange rate and the current account deficit and could stoke inflationary pressures."
Asian economies should strengthen policy frameworks and focus on stabilisation measures as the ongoing conflict in the Middle East threatens the region's energy, trade, and financial resilience, according to Albert Park, Chief Economist of the Asian Development Bank (ADB).
New Delhi [India], February 3: Global or international payment gateways help businesses accept payments from customers shopping overseas. These gateways accept payments in different currencies, convert them into the business's native currency at a predetermined exchange rate, and transfer th
Pakistan's exports have remained stuck in the USD 25-30 billion band for nearly twenty years, even as regional competitors surge ahead. During this period, Bangladesh's exports have exceeded USD 50 billion, and Vietnam's have surpassed USD 350 billion. This widening gulf stems not from globa
Capital flows could also turn more favourable. Potential inclusion of Indian government bonds in global bond indices, stabilisation in corporate earnings, and the likelihood of renewed FPI equity inflows may ease pressure on the rupee.
India is well poised to remain the fastest-growing large economy in the world over the coming decades, with its Gross Domestic Product projected to reach USD 26 trillion in market exchange rate terms by 2047-48, according to EY's report 'India@100: Realizing the potential of a USD 26 trillio
The Oil Companies Advisory Council (OCAC) has once again sounded the alarm, drawing the attention of the Oil and Gas Regulatory Authority (Ogra) to a host of pressing issues from unrecovered sales tax and exchange rate losses to port inefficiencies and the rushed digitisation of retail outle
Tewari said that during the time of the UPA leadership, the BJP had mocked the government for the falling rate, with BJP spokesperson Ravi Shankar Prasad saying in 2013, "The worth of the Indian rupee against the dollar was equivalent to Rahul Gandhi's age when the United Progressive alli
The Indian rupee vis-a-vis the US dollar is currently trading in a tight range, under pressure from a mix of domestic strength and external challenges, including US tariffs and persistent capital outflows.
The higher US interest rates and a cautious risk appetite among foreign investors are also resulting in continuous pressure on the Indian Rupee. Experts believed that the rupee's weakness is being reinforced by deteriorating trade fundamentals.