India Deploys Strategic Economic Measures to Counter Global Oil Price Shock.
India's government is implementing a series of fiscal and monetary interventions to mitigate the impact of surging global oil prices resulting from West Asia regional tensions, focusing on currency stabilization, fuel tax adjustments, and import controls.
Central Bank Governor Attributes Rupee Depreciation to Global Market Shifts.
Central Bank Governor Nandalal Weerasinghe has clarified that the recent depreciation of the Sri Lankan Rupee is primarily driven by global economic conditions, distinguishing it from the domestic-led crisis of 2022. He reaffirmed the bank's commitment to a flexible exchange rate while maintaining intervention to prevent excessive market volatility.
Iran Reintroduces Subsidized Exchange Rates to Combat Wartime Inflation.
Facing economic strain and high inflation due to recent conflicts, the Iranian government has reinstated a preferential currency exchange rate for importing essential goods like food and medicine.









