The Russian stock market experienced a decline at the start of the main trading session on June 18, with MOEX and RTS indices falling by 0.8%. The yuan exchange rate also saw an increase against the ruble.
Iran urged Saudi Arabia to expel US troops, while Russia's SVR chief warned Armenia against relying solely on the West. News also covered a shelling attack off Yemen, Putin's communication with Trump, Macron's stance on French wine tariffs, US troop movements near Iran, China's automotive advancements, Trump's 'guardian of Middle East' proposal, Iran's Strait of Hormuz policy, and a potential US-Iran deal. Other reports included Israeli actions in Lebanon, Ukraine conflict updates, and Hungary's EU talks.
The dollar-won exchange rate rose in overnight trading, driven by higher-than-expected US May PPI data and a threat of further strikes on Iran by President Trump. However, Trump later canceled the strike and hinted at a deal, suggesting a potential drop in the Seoul market.
The dollar-won exchange rate narrowed its gains in overnight trading, closing at 1,520.20 won per dollar. This comes after the US May CPI largely met expectations, with the dollar index remaining flat, causing the exchange rate to give back some of its gains from the regular session.
The dollar-won exchange rate surged past 1,530 won in overnight trading, driven by foreign investors selling Korean stocks for 19 consecutive days. Despite verbal intervention from South Korean foreign exchange authorities, the market showed little reaction, with the rate reaching a 17-year high.
The Bank of Russia has increased the official exchange rates for the US dollar, Euro, and Chinese yuan for June 5, 2026. The dollar rate rose by 95.2 kopecks to 74.2956 rubles, the euro by 1 ruble 14.69 kopecks to 86.2712 rubles, and the yuan by 12.74 kopecks to 10.9536 rubles.
AvtoVAZ head Maksim Sokolov stated the company is considering adjusting its production plan due to the strengthening ruble and geopolitical turbulence. A stronger ruble makes exports less competitive, while global instability also influences production decisions.
Russia's United Aircraft Company (UAC) is nearing the final trials of heavy combat drones, with CEO Vadim Badekha stating they are on par with competitors. The UAC is also developing the next-stage engine for the Su-57 fighter jet.
The dollar-won exchange rate surged in overnight trading, approaching the 1,520 won mark. Despite a rising New York stock market, the rate showed risk aversion due to doubts about the smooth progress of US-Iran peace talks.
The dollar exchange rate in Russia's interbank market has climbed above 73 rubles, reaching its highest point since May 18, 2026, according to trading data. The euro also saw an increase.
The dollar-won exchange rate rose above 1,510 won in overnight trading, driven by heightened risk aversion due to Iran's threats to block the Strait of Hormuz and expand regional conflict if its demands are not met.
India's Commerce Minister Piyush Goyal stated the government does not control exchange rates, which are determined by market forces and global factors. He noted the rupee's recent appreciation and highlighted government efforts to boost exports, reduce import reliance, and attract investment through measures like free trade agreements.
RBI significantly increased dollar sales in FY26, with net sales reaching $53.1 billion, up from $41.1 billion in FY25, to manage rupee volatility. This intervention is estimated to have generated nearly Rs 50,000 crore in income for the central bank.
The dollar-won exchange rate closed at 1,517.40 won, showing a rebound after an overnight decline. Initial gains were pared due to hopes of a US-Iran ceasefire, but a hawkish remark from a Fed official and rising inflation expectations pushed the rate up.
A press review highlights US and Israeli plans for strikes on Iran, while Ukraine remains silent on Russia talks. Other reports cover US investigations into weapon theft in Ukraine, Russia's domestic product development, and EU LNG imports.
India faces significant economic challenges due to elevated commodity prices, foreign investor sell-offs, and import pressures, leading to a depreciating rupee. Chief Economic Advisor V. Anantha Nageswaran describes the situation as a "live balance of payments stress test."
Iran's parliament has declared a ten-point plan for talks with the US a 'red line,' emphasizing distrust and the need for self-strengthening. Meanwhile, reports indicate US ammunition stocks are low due to the Iran conflict, and Brent crude oil prices have surpassed $110 per barrel amid a global energy crisis.
Multiple geopolitical developments across the globe: Iran's strategic moves in the Hormuz Strait, US geopolitical tensions with Russia and China, European political shifts, and more.
The MOEX Index rose 0.18% to 2,694.72, and the RTS Index gained 0.79% to 1,157.45, amid high volatility and low trading volume, influenced by strong oil prices and a strengthening ruble.
Russia tests Sarmat ICBM, warns West over Bosnia-Herzegovina; US and Iran edge closer to war; Lavrov accuses West of pressuring countries to buy expensive US oil and LNG.
The regulator lowered the official euro exchange rate by 1 ruble 16.99 kopecks to 87.3791 rubles
As a ministry representative explained to reporters, there is still a trajectory toward a weaker ruble, but it is now expected to be milder
The official euro exchange rate was increased by 65.93 kopecks to 88.549 rubles
The Indian rupee is facing significant pressure, weakening against the US dollar due to soaring crude oil prices driven by Middle East geopolitical tensions and persistent foreign fund outflows. Despite India's robust economic growth, the currency's slide continues as the Reserve Bank of India intervenes to curb volatility rather than target a specific exchange rate.
