Topic
currency-depreciation
2 stories related to this topic, newest first.
Rapplerfinance48 days ago
Asia Grapples with Economic Effects of Energy Crisis from Iran War
Governments in Asia are seeking alternative energy sources and implementing measures to mitigate the impacts of the energy crisis triggered by the Iran war. The Asian Development Bank has lowered its growth forecasts for the region. Currency depreciations and rising fiscal strain…
Bloombergfinance59 days ago
Indian Rupee Hits Multiple Record Lows Amid Global Shocks Including Tariffs and Iran War
The Indian rupee has slumped to multiple record lows due to global shocks, including tariffs and the Iran war. These developments have impacted the currency's value recently. The situation reflects broader economic pressures on India.