Heading into Friday’s settlement, the dollar scores golden cross as the 50-day average on the ICE U.S. Dollar Index a gauge of the buck’s value against a basket of its biggest rivals that’s heavily weighted toward the euro, stands at 103.15, higher than the 200-day moving average, which was 103.11. The index itself finished at…
In a week marked by financial developments, the Indian rupee closed higher on Friday, settling at 82.93 against the U.S. dollar, a weekly gain of 0.3%. This performance comes on the heels of an announcement by multinational investment bank JPMorgan, revealing its plans to incorporate India’s government bonds into its emerging market index. This process…
Pakistan is preparing to respond to the U.S’ policy of empowering the South Asian nation’s longtime rival India, caretaker Prime Minister Anwar-ul-Haq Kakar told Newsweek Senior Foreign Policy Writer and Deputy Editor of National Security and Foreign Policy Tom O’Connor in an exclusive interview on the sidelines of the United Nations General Assembly. Kakar assumed…
The bodies of two migrants were recovered from the Rio Grande separating the US and Mexico this week, including a three-year-old child. Migrant arrivals at the US southern border have spiked to near-record numbers in September, putting a strain on local resources. The child is believed to have drowned after being swept away while crossing…
(Bloomberg) — The Biden administration plans to seek UN Security Council approval as early as next week to deploy a Kenya-led multinational force to Haiti, people familiar with the matter said. The people asked not to be identified because the timing of the US push hasn’t been publicly released. In his address to the United…