Dashboard

Financial News

AcreTrader Delivers over $135M in Investor Returns From Farmland Dispositions
cision4d ago

AcreTrader Delivers over $135M in Investor Returns From Farmland Dispositions

Latest Exits Demonstrate the Historical Strength of Farmland as an Asset Class FAYETTEVILLE, Ark., March 30, 2026 /PRNewswire/ -- Acretrader LLC ("AcreTrader"), a Proterra farmland investment platform, announced the successful disposition of 57 farmland assets across 13 states. Funded on...

#COMMODITIES
Rupee breaches 95/USD level; settles at 94.78 against US dollar
dailyexcelsior4d ago

Rupee breaches 95/USD level; settles at 94.78 against US dollar

MUMBAI, Mar 30: The rupee on Monday breached the 95/USD-mark in intra-day trade on Monday and settled at 94.78 (provisional) against the American currency after Iran war escalation jolted global markets, fuelling rupee volatility and risk-off sentiment. Forex traders said the USD/INR pair witnessed high volatility and swung 165 paise during intra-day trade as the West Asia crisis entered the 31st day keeping energy markets nervous. At the interbank foreign exchange, the rupee opened at 93.62 and then gained further ground [...] The post Rupee breaches 95/USD level; settles at 94.78 against US dollar appeared first on Daily Excelsior .

#FOREX
Indian rupee falls past 95/USD, logs worst fiscal year drop in over a decade
brecorder4d ago

Indian rupee falls past 95/USD, logs worst fiscal year drop in over a decade

MUMBAI: The Indian rupee fell to a record low in a volatile trading session on Monday, marking the end of a rough fiscal year in which trade frictions, geopolitics and unfavourable capital flows pummelled the South Asian currency. The central bank’s surprise cap on forex positions gave the battered rupee a fleeting reprieve on the day, but also left traders nursing losses as they rushed to unwind arbitrage positions. The rupee kicked off the trading session at a one-week high of 93.59 per dollar before shedding gains to touch a low of 95.21. The currency was shored up by likely central bank intervention, ending the session at 94.83, little changed from its previous close. “The rupee’s moves today were hard to predict and even harder to trade. Had the RBI not stepped in past 95, the rupee’s fall could have extended deeper,” a trader at a foreign bank said. The rupee declined 11% over India’s fiscal year which runs from April to March, its steepest fall since 2011-12. Rough seas The rupee has endured significant pressure in the last 12 months as foreign investors relentlessly sold Indian stocks and U.S. President Donald Trump’s policies rocked financial markets globally. Overseas investors net sold over $19 billion of Indian stocks over the last 12 months, touching a record monthly pace in March as a sharp surge in oil prices in the wake of the war in the Middle East left investors fretting over risks to net energy importer India. Meanwhile, analysts say that while the Reserve Bank of India’s move to tighten FX position limits may help steady the currency near-term, a depreciation bias is likely to linger. “The bottom line is that the RBI’s cap does not change the underlying dynamics that fuelled pressure on the currency,” analysts at Barclays said in a Monday note. “The INR remains particularly vulnerable to an oil supply shock, while India’s balance of payments position may deteriorate further, and capital and financial account pressures are increasing.” Oil on the boil Indian shares were under pressure on Monday and the benchmark Nifty 50 fell l1% in March, its steepest monthly drop since the Covid selloff in March 2020. The yield on India’s 10-year benchmark bond rose above 7% for the first time in 21 months as Brent crude oil futures climbed to $115 per barrel after Yemeni Houthis launched attacks on Israel, widening the U.S.-Israel war against Iran and its proxies. Global stocks also fell as investors dug in for a Gulf conflict they fear will bring an inflation spike and the risk of recession to much of the globe. Over the course of the crisis, the rupee has been a middle-of-the-pack performer among Asian peers, supported by central bank interventions and measures to support the currency.

#FOREX
Every Soldier a Software Builder: Governing the Army’s New Digital Workforce
warontherocks5d ago

Every Soldier a Software Builder: Governing the Army’s New Digital Workforce

Over the past decade, the Department of Defense has tested internal software development through efforts like the Air Force’s Kessel Run, the Army Software Factory, and the Marine Corps Software Factory. Those efforts showed that military personnel can build useful software when given the right tools and infrastructure.In its push to make better use of data, the Army fielded powerful digital platforms as a service across the force, such as Palantir’s Army Vantage and the Department of Defense’s GenAI.mil. These programs were meant to improve analysis and decision-making. But they also did something else: They gave soldiers built-in tools to The post Every Soldier a Software Builder: Governing the Army’s New Digital Workforce appeared first on War on the Rocks .

#TECH
Gen Z Digital Wallet Use Climbs 21% as Budgets Tighten
pymnts5d ago

Gen Z Digital Wallet Use Climbs 21% as Budgets Tighten

Financial stress is doing more than pushing consumers to hunt for lower prices. It is also changing how they organize purchases, where they shop and which payment tools they trust most when money feels tight. That is the broad takeaway from “The New Checkout: Crimped Consumers Lean Into Online Retail and Digital Wallets,” a PYMNTS Intelligence [...] The post Gen Z Digital Wallet Use Climbs 21% as Budgets Tighten appeared first on PYMNTS.com .

#ECONOMY
SEC DG Calls for Collaboration on Capital Market Development
thisdaylive5d ago

SEC DG Calls for Collaboration on Capital Market Development

Kayode Tokede TThe Director-General of the Securities and Exchange Commission (SEC) Nigeria, Dr. Emomotimi Agama, called for collaboration among all stakeholders in the nation’s financial system in its current regulatory drives aimed

#ECONOMY