
Uganda Shilling Hits Historic Low After Central Bank Intervention
Direct foreign exchange sales by the Bank of Uganda fail to stem currency depreciation driven by surging commercial dollar demand.
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Direct foreign exchange sales by the Bank of Uganda fail to stem currency depreciation driven by surging commercial dollar demand.

Tehran warns Washington against military action as geopolitical frictions threaten energy routes and regional stability.

Jakarta rejects credit rating and investment downgrade warnings, pointing to solid trade figures, robust consumption, and fiscal discipline.

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Central bank tightens monetary policy to tame imported inflation driven by rising crude oil prices and sovereign bond yields.

Editorial Wire details the confirmed facts, context, and next steps surrounding India's current account deficit widens marginally in April-June, RBI data shows.