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Rupee Set for Modest Gains as Dollar Retreats and US Yields Fall; Oil Surge at $117 Caps Upside

Rupee settled at 95.26 to the dollar on Thursday and is expected to open flat to marginally higher on Friday as US Treasury yields decline.

Oct 31, 2026

🇮🇳 India

Bank of Japan Holds Rates at 1.25% in 8-1 Vote, Signals Gradual Tightening Ahead

Bank of Japan kept its policy interest rate at 1.25% in an 8-1 decision, with board member Hajime Takata dissenting in favour of an immediate hike to 1.5%.

Oct 30, 2026

Gdp

Eurozone GDP Surges 0.4% in Q3, Double Forecasts Despite France's Surprise Slump

Eurozone Q3 GDP grew 0.4%, double the forecast, even as France posted a surprise slump ECB rate cut timeline likely delays as growth exceeds estimates, supporting the euro Watch ECB December guidance and France breakdown data for Q4 direction signals

Oct 30, 2026

🇺🇸 United States

New Zealand Central Bank Signals High Probability of Rate Hike

The Reserve Bank of New Zealand signaled a high likelihood of raising interest rates at an upcoming policy meeting.

Oct 29, 2026

🇨🇳 China

Hong Kong Tests e-CNY Interoperability to Bolster Yuan'\''s Global Reach Beyond Mainland China

Hong Kong is piloting e-CNY interoperability with digital assets as part of Chief Executive Lee's five-year plan to advance yuan internationalization

Oct 29, 2026

🇮🇳 India

Indian Rupee Opens Stronger at 95.02 as Investors Await Federal Reserve Decision

The Indian rupee opened 10 paise stronger at 95.02 against the dollar as markets positioned cautiously ahead of the US Federal Reserve rate decision, with crude oil above $115 providing offsetting downward pressure.

Oct 29, 2026

🇨🇳 China

Hong Kong Evolves From Yuan Gateway to Self-Sustaining Offshore Currency Ecosystem

Hong Kong has evolved from a yuan gateway into a full CNH currency ecosystem, with its five-year plan cementing the city's role as the global yuan internationalization hub.

Oct 29, 2026

🇦🇪 UAE / MENA

USD Near Two-Week High as Fed Decision Looms; Sterling Weakens on UK Budget Uncertainty

The U.S. dollar held near a two-week high as global investors positioned for the Federal Reserve's rate decision

Oct 28, 2026

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