29-March-2026
Markets and Finance
 
In hawala universe, it's a partial eclipse of dollar
28-Mar-2026

Away from the dust, death and debris of the war, a strange story is playing out in the underbelly of the Indian money market. The dollar-rupee exchange rate in the hawala market has slipped into a discount - something that rarely happens - amid stalled flights, fall in smuggled gold from Dubai, and muted trade and travel to and from the Gulf.

News Source:- https://economictimes.indiatimes.com/news/economy/finance/in-hawala-universe-its-a-partial-eclipse-of-dollar/articleshow/129853690.cms
 
 
 

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