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Europe's cryptocurrency industry is mounting a fresh challenge to the overwhelming dominance of the US dollar in digital assets, with eToro joining a group of European firms seeking to expand the use of a regulated euro denominated stablecoin
Italy's financial regulator has ordered another group of unauthorised investment websites to be blocked, pushing the number of sites targeted under its enforcement powers to a total of 1834.
The Reserve Bank of India (RBI) said on Wednesday it would ensure that the "undervalued" rupee finds its correct level, after the currency slid to a five-month low of 96.8450 per dollar. The central bank also raised its policy rate by 25 basis points, its first tightening since February 2023, but the rupee still weakened as foreign capital flowed out of Indian markets.
India's foreign exchange reserves stood at $747.56 billion in the week ended September 25, according to The Economic Times, which reported the figure alongside a headline decline of $18.34 billion. The same report said the fall was driven mainly by a reduction in foreign currency assets, the largest component of the reserves.
The Reserve Bank of India raised its policy repo rate by 25 basis points to 5.50% on Wednesday, October 7, its first increase in nearly four years, and shifted its stance to "calibrated tightening". Governor Sanjay Malhotra said outright that rate cuts are off the table for now. "Rate cuts are off the table in the near term and policy action ahead can only be a rate hike or a pause, depending on the evolving conditions and the outlook," Malhotra said. The six-member Monetary Policy Committee voted unanimously, according to multiple reports. For a retail trader, the number to sit with is not 5.50%. It is 5.25% — the Standing Deposit Facility rate, the floor of the RBI's corridor, and the rate that effectively sets what it costs to fund a short-rupee position overnight. The rupee has been weakening, and reports describe that weakness as one of the reasons the RBI moved.
Ethiopia's central bank has allocated $840 million for foreign exchange auctions in the second quarter of the 2026/27 fiscal year, according to a statement reported by CNBC Africa on Tuesday. The funds will be released in six batches through auctions held every two weeks, beginning October 13.
Greek authorities have arrested 17 people over an alleged cryptocurrency pyramid scheme that targeted more than 10,000 investors and collected around $9 million, according to a report by News Mobile. The case centres on an organisation called AT Team Greece, which investigators say presented itself as an artificial intelligence-focused association.
India is being hit by four shocks at once, according to a post on X published on Tuesday night: food, fuel, fertiliser and finance. The four numbers behind it are the ones worth checking. Monsoon rainfall running about 13% below normal and the weakest since 2015. Crude oil near $100 a barrel. None of them has been confirmed. The post attributes the framing to External Affairs Minister S. Jaishankar. Nothing published about Jaishankar in the past 72 hours mentions a four-F warning. Treat the attribution as unverified. What is verifiable is the timing. The post went out hours before an RBI policy decision, with Brent already slipping below $100 and US equity futures sitting at records. That split matters more to a USD/INR position than the label does. The four numbers, one at a time Everything in this section comes from the post. Food. El Niño left this year's monsoon about 13% short, the weakest since 2015, which points to lower crop harvests. Fuel. The US-Iran war has kept crude
Two public complaints raise different questions about account funds. A Pakistan-labelled RoboForex post dated 9 July 2026 alleges removal of $1,627.39 and blocked profile access. A Malaysia-labelled Trading Pro post dated 15 August 2024 describes a rejected withdrawal followed by a deduction. Their attached images preserve narrower observations: a displayed balance in the first case and a declined transaction in the second. Comparing the evidence helps readers identify what remains unverified, without ranking the brokers or treating either account as a proven fraud case.
Did your deposit fail to show on the FBS platform? Were you denied fund withdrawals by the Belize-based brokerage firm? Faced an unaccounted fund deduction from your trading account? Did you face losses due to the incorrect triggering of your stop-loss order on the FBS login? These issues have allegedy become widespread among users worldwide, and some of them have reported the same on broker evaluation platforms such as WikiFX. This FBS review 2026 investigates reported issues while providing an overview of the broker's regulatory status.
Panchkula Police have described Rajesh Kumar, a man also known as "Nana", as a key local recruiter in an alleged investment and cryptocurrency fraud spanning Haryana and estimated at Rs 8 crore or more. Four men have been arrested so far, luxury vehicles have been seized, and investigators suspect some alleged operators are based in Dubai, according to a News18 report that attributes its police account to The Indian Express.
Gold was trading around $4,141 an ounce on Monday after a closely watched gauge of United States service-sector activity came in slightly below expectations for September, according to Kitco News. The Institute for Supply Management (ISM) reported that its Services Purchasing Managers Index (PMI), a survey-based measure of business conditions, eased to 54.9 from 55.4 in August.
Indian stocks have fallen for eight straight weeks. The economy grew 7.8% in the June quarter. In a post on flow problem, not a growth problem. For anyone trading USD/INR, that distinction decides where the pressure lands. The rupee has been hovering around 96 per dollar, with the Reserve Bank of India selling dollars to keep the move orderly (Rediff MoneyWiz). Orderly spot is not the same thing as cheap carry. The cost of that stability shows up elsewhere.
This Deriv review separates an account-history deduction from proof that money reached a bank. In a complaint dated 15 August 2025, a user labelled India said a withdrawal appeared successful but had not arrived. The uploaded image shows a withdrawal figure of −15.09 in a history summary; it does not identify a currency or bank recipient. Rechecked on 5 October 2026, this remains a historical report with an unverified final outcome.
Did you witness an opposite market movement to the candlestick chart shown on the XTrend Speed platform? Were your profits being allegedly cancelled by the South Africa-based brokerage firm? Faced losses due to incorrect trigger of limit order on the XTrend Speed login? Did the broker cancel your multiple withdrawal requests? Many traders have reportedly raised these issues on broker evaluation platforms such as WikiFX. This XTrend Speed review examines user-reported allegations and shares an outlook on the regulatory status.
A 28-year-old software professional from Visakhapatnam (Vizag) has lost ₹20 lakh to an online cryptocurrency investment scam, according to a Times of India report by Nalla Ram Babu. The victim, who works at a private company, was contacted on WhatsApp by a woman who identified herself as Khushi and claimed to be a finance manager at a firm called Thornston and Ross.
Bangladesh's Anti-Corruption Commission (ACC) has filed a case against eight people, including a serving executive engineer of the Public Works Department (PWD), over the alleged embezzlement of about Tk23.68 crore through forgery and fraud involving government land in Chattogram. The ACC announced the case at a press conference on 4 October, as reported by The Business Standard, which published the details of the filing.
This review separates an official UK warning from an individual withdrawal allegation. The FCA notice dated 26 June 2025 names Trading PRO / TradingPRO and tradingpro.com. A different record, posted by a Malaysia-labelled user on 15 August 2024, describes a rejected withdrawal. For South Asian readers, Trading Pro regulation cannot be reduced to a single global yes-or-no label.
Foreign funds pulled roughly Rs 3 lakh crore out of Indian equities in 2026, with about Rs 36,000 crore of that leaving in September alone. Those are the numbers in a widely shared post on X by Vivek Khatri (@CaVivekkhatri), whose argument runs in one direction: the Nifty is cheap in rupees and expensive in dollars. The post's snapshot: Nifty PE near 19.2, the rupee near 96.3, the US 10-year Treasury at 5.28%. Individually, those look calm. Over a year, they do not. According to the post, the rupee is down about 8.5% over the year, about 7% in 2026, and almost 10% in the last financial year alone. The Nifty is down about 13% over the same stretch. Nifty IT is down about 27%. "They still bought IPOs," the post says of foreign investors. "They sold the secondary market." Put in position terms: a single-currency valuation is not a cushion if the currency itself is moving against you.
The RBI's Monetary Policy Committee begins its three-day meeting today, October 5, and the rate decision lands on Wednesday, October 7 at 10:00 am. The repo rate is 5.25%. A 25 basis point increase takes it to 5.50% — the first hike since February 2023. Most of the street expects exactly that. A Reuters poll of 61 economists had 35 forecasting 25 bps. An ET Poll published Monday pointed the same way: 25 bps, to 5.50%. Governor Sanjay Malhotra holds a press conference at 12:00 pm, two hours after the statement, and the RBI livestreams both on its YouTube channel. If you hold USD/INR, or any floating-rate loan priced off an external benchmark, Wednesday morning is the only scheduled event this week that moves your numbers.
