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Hundreds of jobs at risk as John Lewis plans to cut some services

Around 200 John Lewis staff could lose their jobs as the retailer looks to close its in-store money exchange services and dedicated gift wrapping areas. No final decision has been made but the job cu

bbc.co.ukJuly 8, 2026

India’s central bank deploys $12bn to defend rupee as Iran war jolts markets, bankers say

MUMBAI: India’s central bank has mounted an aggressive defence of the rupee this week, deploying an estimated $12 billion to contain the fallout from an escalating Middle East war that has pummelled m

brecorder.comMarch 6, 2026

India’s central bank deploys US$12 billion to defend rupee as Iran war jolts markets

The scale of the intervention underscores the challenge it faces in containing volatility triggered by the conflict Share [MUMBAI] India’s central bank has mounted an aggressive defence of the rupee

businesstimes.com.sgMarch 6, 2026

PBOC cuts FX risk reserve ratio to 0%, slowing yuan appreciation

China’s central bank will cut the foreign-exchange risk reserve ratio for forward FX sales to 0% from 20%, effective March 2, 2026, aiming to enhance currency market development and support companies’

investinglive.comFebruary 27, 2026

Global Market | China moves to cool yuan rally, eases FX forward rules

The yuan recorded its biggest annual gain against the dollar since 2020 last year, strengthening beyond the psychologically significant 7-per-dollar threshold. (What's moving Sensex and Nifty Track l

economictimes.indiatimes.comFebruary 27, 2026

USD/CNY & USD/CNH jump as PBoC cuts FX RRR to zero, cooling yuan gains

Summary: PBOC will cut FX risk reserve ratio to 0% from 20%, effective March 2 Move reverses a September 2022 tightening aimed at curbing yuan losses Lower ratio reduces cost of USD buying via forw

investinglive.comFebruary 27, 2026