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Day: May 21, 2026

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India Announces $5 Billion Currency Swap as Rupee Slides to Record Low Against Dollar
Posted inMarkets & Economy

India Announces $5 Billion Currency Swap as Rupee Slides to Record Low Against Dollar

The Reserve Bank of India has announced a $5 billion dollar-rupee swap auction as policymakers move to stabilise liquidity conditions following a sharp depreciation in the Indian rupee and rising…
Posted by Marcus Leighton Marcus Leighton May 21, 2026
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India Announces $5 Billion Currency Swap as Rupee Slides to Record Low Against Dollar
India’s central bank announced a $5 billion currency swap after the rupee fell to a record low against the U.S. dollar, highlighting mounting pressure on emerging-market currencies and liquidity conditions.
India Announces $5 Billion Currency Swap as Rupee Slides to…
May 21, 2026
NewSpace Systems Opens Africa’s Largest Space Hardware Factory in Somerset West, Targeting High-Volume Production for Global Satellite Constellations
NewSpace Systems commissions Africa's largest space hardware factory in Somerset West, supplying satellite components to global constellation programmes including Eutelsat OneWeb's Airbus-built fleet.
NewSpace Systems Opens Africa’s Largest Space Hardware Factory in Somerset…
May 20, 2026
India and the European Union Set Year-End Deadline to Operationalise a 2-Billion-Person Free Trade Zone
India and the EU set a year-end deadline to activate a free trade zone covering 2 billion people, while Sweden commits to doubling bilateral trade as Modi's European tour reshapes global investment alignments.
India and the European Union Set Year-End Deadline to Operationalise…
May 19, 2026
Big Idea Ventures Deploys $1M Across 5 Foodtech Startups to Rebuild the Global Food System From the Ingredient Up
Big Idea Ventures has backed five foodtech startups with $200,000 each to commercialise ingredient and supply chain technologies that could reshape how the global food system is built, from the molecule up.
Big Idea Ventures Deploys $1M Across 5 Foodtech Startups to…
May 19, 2026
Johannesburg’s Sango Capital Closes $120 Million Secondary Deal, Becoming Africa’s Largest Private Equity Secondary Buyer
Johannesburg's Sango Capital closes Africa's biggest private equity secondary deal, acquiring $120 million in fund stakes across 14 markets and signalling the continent's liquidity infrastructure is finally maturing.
Johannesburg’s Sango Capital Closes $120 Million Secondary Deal, Becoming Africa’s…
May 19, 2026
May 2026
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