Tuesday, March 4, 2025

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us dollar

News Reports

‘India has no interest in weakening US Dollar’: EAM Jaishankar responds to Trump’s threat to BRICS nations

ANI -
Speaking at the Doha Forum on Saturday, Jaishankar reflected on the positive relationship India had with the first Trump administration, highlighting the restart of the QUAD under Trump's presidency.
News Reports

Reports claim Maldives has run out of usable dollars after payment of oil bill, govt claims it has not reached zero and situation will...

OpIndia Staff -
Days after the Maldives Monetary Authority (MMA) sent a warning letter to the Finance Ministry warning about exhausting usable reserves of the country, the state's usable dollar reserves have actually run out, reported Adhadhu,
News Reports

Saudi Arabia stops selling oil exclusively in US Dollar: As 50-year-old US-Saudi Petrodollar Agreement expires, new avenues expected in the global economy

Anurag -
Saudi Arabia has decided to not renew the petrodollar agreement signed in 1974, under which it sold oil exclusively in US Dollar
News Reports

De-Dollarization: Indian refineries use Chinese Yuan for some oil imports from Russia, say reports

OpIndia Staff -
Some oil imports from Russia to India are being paid in Chinese Yuan, reports
News Reports

Kotak Mahindra Bank MD and CEO Uday Kotak says he inadvertently called USD ‘biggest financial terrorist’, here is what he meant

OpIndia Staff -
"I think we are at a crucial time in the world history where the world is desperately looking for an alternative reserve currency," Uday Kotak said.
News Reports

Indian media spreads fake news that Indian Rupee was the worst-performing Asian currency in 2022, here is the truth

Raju Das -
Indian media houses spread fake news claiming that Indian Rupee has ended the year as the worst-performing Asian currency
News Reports

Bangladesh cancels Bollywood actor Nora Fatehi’s performance in Dhaka: Read why

OpIndia Staff -
Bangladesh has cancelled Nora Fatehi performance in Dhaka as a part of broader austerity drive to ‘save dollars’.
OpIndia Explains

Nirmala Sitharaman said it’s not rupee sliding but dollar strengthening: Here’s what she meant and how she is right

Jinit Jain -
Indian Finance Min Nirmala Sitharaman said that rupee is not sliding but the US dollar is strengthening. And she is right.
Social Media Fact-Check

Fact check: Fake tweet attributed to Finance Minister Nirmala Sitharaman on Rupee vs Dollar debate goes viral

OpIndia Staff -
The satirical tweet took potshots at Nirmala Sitharaman based on another misleading claim attributed to her about rising onion prices.
News Reports

China reverts to its own currency in pursuing trade with Russia, opposes sanctions posed by the US, EU against Russia

OpIndia Staff -
China has demanded that US should not harm the legitimate rights and interests of China and other parties when handling the Ukraine issue and its relations with Russia.
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