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Russian rouble hits weakest in almost two weeks vs dollar. Here's why

Russian rouble had gained 0.1% to trade at 97.36 versus the euro and firmed 0.1% against the yuan to 12.47.

A customer holds a Russian rouble banknote while looking at foodstuffs at a market in Saint Petersburg, Russia.(Reuters)
Published on Jan 29, 2024 01:25 PM IST
Reuters |

Oil price jumps after Houthis attack on fuel tanker in Red Sea

On February 1, OPEC will likely decide its oil production levels for April and beyond in the coming weeks.

A view of the oil tanker Marlin Luanda on fire after an attack, in the Red sea.(AP)
Published on Jan 29, 2024 06:25 AM IST
Reuters |

Oil rally pauses as Red Sea shipping risks plague global trade

The Red Sea is a vital trade conduit for oil, and has gained importance for barrels from Russia en route to Asia.

A forklift carries a shipping container at the Red Sea port of Hodeidah, Yemen.(Reuters)
Published on Dec 20, 2023 11:45 AM IST
Bloomberg |

Stock market today: Asian shares mixed, Bank of Japan monetary policy unchanged

Stock market today: Asian shares are mixed as Bank of Japan keeps its monetary policy unchanged

A person walks near an electronic stock board showing Japan's Nikkei 225, left, and New York Dow indexes at a securities firm Thursday, Dec. 14, 2023, in Tokyo. Shares are mostly higher in Asia after a powerful rally across Wall Street sent the Dow Jones Industrial Average to a record high as the Federal Reserve indicated that interest rate cuts are likely next year.(AP Photo/Eugene Hoshiko)(AP)
Published on Dec 19, 2023 01:23 PM IST
PTI |

IMF's Deputy Managing Director sees inflation, growth risks if Israel war widens

Modeling by IMF shows that 10% increase in oil prices leads to inflation being 0.4 percentage points higher a year later.

Gita Gopinath, first deputy managing director of International Monetary Fund (IMF), speaks during a Bloomberg Television interview at the annual meetings of the International Monetary Fund (IMF) and World Bank in Marrakesh, Morocco. (Bloomberg)
Published on Oct 11, 2023 07:23 PM IST
Bloomberg |
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