India’s forex reserves fell $7.05 billion to $709.76 billion on 9 March, from $716.81 billion.
GBP/USD slipped to 1.3380 as dollar rebounded; BoE held 3.75% unanimously, inflation risks persist.
China’s year-to-date FDI remained unchanged in February, with a continued 5.7% year-on-year contraction.
Russia’s central bank held its key interest rate at 15%, maintaining tight policy as inflation persists.
USD/INR hits record 94.23 as rupee falls on outflows, higher oil, stronger dollar; yields steady Fed bets.
Geopolitical optimism faded; risk aversion returned, boosting dollar, oil, yields; equities slid as rate expectations rose.
Silver hovered near $72.80 as dollar weakened; oil-driven inflation fears pressured prices, extending weekly declines.
Makhlouf says ECB has no preset rate path, targets 2% inflation, weighs possible hikes amid uncertainty.
Eurozone seasonally adjusted trade surplus increased to €12.1 billion in January, up from €11.6 billion previously.
Eurozone trade balance unexpectedly turned negative in January, posting a €1.9bn deficit versus €12.8bn surplus forecast.
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