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LATEST

Softbank eyeing acquisition of ETH spinout Gravis, reports suggest●American Express rides a boom in Platinum cards to its strongest spending growth in years●Can AI replace your financial adviser? Why bots still can’t match human judgment.●Odos Protocol to shut down, gives users until July 30 to withdraw assets●EU hits Russia with massive 21st sanctions package targeting $120B crypto network●Burnham urged to lobby EU leaders directly to waive EES border controls●Farmers are already set for a $55 billion payday — why does Washington want to give them even more?●Crypto market maker B2C2 held sale talks with multiple potential buyers●Softbank eyeing acquisition of ETH spinout Gravis, reports suggest●American Express rides a boom in Platinum cards to its strongest spending growth in years●Can AI replace your financial adviser? Why bots still can’t match human judgment.●Odos Protocol to shut down, gives users until July 30 to withdraw assets●EU hits Russia with massive 21st sanctions package targeting $120B crypto network●Burnham urged to lobby EU leaders directly to waive EES border controls●Farmers are already set for a $55 billion payday — why does Washington want to give them even more?●Crypto market maker B2C2 held sale talks with multiple potential buyers●

Asia

RBI Intervention shields rupee in face of oil, hedging strain

Markets-Economic Times · 1h ago · 🇮🇳 India

RBI Intervention shields rupee in face of oil, hedging strain

On Friday, the Indian rupee dodged a plunge to record lows thanks to decisive action by the Reserve Bank of India. State-run banks stepped in to sell dollars, likely under central bank directives, to alleviate mounting pressure. Escalating oil prices and increased corporate hedging had nearly pushed the currency to historic lows.

Read the full story at Markets-Economic Times →

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