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Indian Rupee steadies near monthly top, Fed Chair Powell, RBI Interest Rate Decision eyed

Indian Rupee steadies near monthly top, Fed Chair Powell, RBI Interest Rate Decision eyed

by admin | Feb 7, 2023 | Forex

Share: USD/INR grinds higher around monthly peak, bulls take a breather after three-day uptrend. Cautious sentiment ahead of Fed Chair Jerome Powell’s speech, RBI interest rate decision probes the Indian Rupee pair traders. Firmer Oil price, hopes of...
Indian refiners have begun paying for Russian oil via Dubai traders in UAE dirhams

Indian refiners have begun paying for Russian oil via Dubai traders in UAE dirhams

by admin | Feb 4, 2023 | Forex

An interesting weekend item from Reuters about oil, but also about circumventing trade payments in the dominant USD – helping Russia to de-dollarise its economy.Indian refiners have begun paying for most of their Russian oil purchased via Dubai-based traders in...

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