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Thursday, April 9, 2026
TopicUS Treasury

Topic: US Treasury

Rupee expected to open marginally higher following dip in US Treasury yields

Non-deliverable forwards indicate rupee will open at around 83.24 to the US dollar, compared to the close of 83.28 in the previous session.

RBI’s dollar mopping spree could slow down as US puts India on currency watchlist

The US treasury has placed India under the currency manipulator watchlist. It says India intervened in the FX market in a sustained, asymmetric manner.

The chances of India being named a currency manipulator are slim

It is highly unlikely that India will be called a manipulator as it has persistently been running current account deficits since 2005.

On Camera

A stronger Iran has emerged from the rubble. US learned the lesson 40 days late

The US and Israel’s assassinations of Iranian leadership ended up bestowing martyrdom on those killed. Shias saw the deaths as a continuity of martyrdom from the Battle of Karbala.

Data centre gold rush risks blackouts, central electricity body warns states against tripping grids

India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.

Too early to draw lessons from US-Israel & Iran war, India monitoring like a hawk—Navy chief

Indian Navy chief Admiral Dinesh Tripathi said that the ongoing conflict in West Asia illustrates that speed is no longer merely an enabler of warfare but a distinct capability.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.