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Traders said the Reserve Bank of India may be intervening in the immediate market while also conducting longer-term USD/RUB buy-swapping operations.

2026-07-24

Traders said the Reserve Bank of India may be intervening in the immediate market while also conducting longer-term USD/RUB buy-swapping operations.

Other News
2026-07-23

Trade sources said that, as disruptions persist in the Red Sea, Saudi Aramco is routing more crude cargoes via Egypt's Mediterranean Sidi Kerir port.

Trade sources said that, as disruptions persist in the Red Sea, Saudi Aramco is routing more crude cargoes via Egypt's Mediterranean Sidi Kerir port.
2026-07-24

A Bank of England survey shows that British businesses plan to reduce price and wage increases next year, as energy prices briefly fell during the ceasefire in the Iran-Iraq war. The survey indicates that businesses expect prices to rise by 3.9% over

A Bank of England survey shows that British businesses plan to reduce price and wage increases next year, as energy prices briefly fell during the ceasefire in the Iran-Iraq war. The survey indicates that businesses expect prices to rise by 3.9% over the next 12 months, down from 4.1% (the highest level in over two years) previously, but still higher than the 3.4% predicted in February before the war. Expectations for wage growth next year fell by 0.1 percentage point to 3.4%. This data is likely to be welcomed by the Bank of England, which is closely monitoring business pricing and wage growth. The Bank of England is expected to keep interest rates unchanged next week.
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