1d ago
RBI's rupee defence may drain banking liquidity, ease currency pressure
RBI has introduced measures to curb rupee volatility, which could ease immediate depreciation pressures in the currency market. These measures include limiting foreign exchange derivative contracts and increasing hedging costs for importers. Experts predict that these actions may lead to a reduction in USD/INR rates and forward premiums. However, external factors like crude oil prices may still pose challenges.
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1d ago
Prominent Republican senator says Trump's Russian diesel deal may be illegal
By Jan WolfeOct 11 (Reuters) - Republican US Senator Thom Tillis on Sunday said President Donald Trump's diesel supply ​deal with Russia may be illegal and will put American lives at risk, adding to bipartisan criticism of the arrangement announced by the president on Friday.Trump saidthat Russia had agreed to supply ​diesel to global markets, and his administration temporarily lifted US sanctions on Russian fuel that were designed to deprive Moscow of revenue for its ‌war on Ukraine.
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The world’s largest phone maker is putting Solana in its wallet. Samsung Wallet is getting USDC crossborder payments, BNY opened SOL custody, Securitize brought U.S. stocks onchain, and blocks got 2x faster underneath. Here’s everything that shipped: Headline News Samsung partnered with Solana to bring USDC crossborder payments via Samsung Wallet 200ms slot targets went live on Solana mainnetbeta, completing @anza_xyz’s SIMD0525 rollout @SolanaFndn launched Solana DvP, opensource de
SOL
SOL-3.41%
1d ago
1d ago
Sberbank Begins Testing Bitcoin, Ether and USDT Trading in Banking App
Sberbank began testing cryptocurrency trading and transfers for bitcoin, ether and USDT inside its mobile banking app on October 8, with the pilot limited to a small group of users. Two days earlier, the Bank of Russia admitted the lender as a digital depository under the country's new digital currency market framework. Sberbank said it will open the service to a wider set of customers from December 1 if the relevant regulatory framework takes effect by then.
BTC
BTC-1.43%
1d ago