RBI Burned $8 Billion in One Week — Is Your Rupee Safe?
The rupee bounced to 95.20 but RBI's forex reserves took a brutal $8.1 billion hit in a single week — here is what every Indian investor needs to understand right now.
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Mitrade Launches Mitrade Academy
Abstract：Recently, Mitrade, an online forex broker registered in Australia, announced the launch of Mitrade Academy. But what is Mitrade Academy?
Recently, Mitrade, an online forex broker registered in Australia, announced the launch of Mitrade Academy. Mitrade Academy can help traders to learn how to trade forex.
About Mitrade
Mitrade is an online CFD trading platform that offers access to over 100 different markets, including forex, indices, commodities, cryptocurrencies, and more. The platform aims to provide a transparent and user-friendly trading experience, with features such as a customizable dashboard, advanced charting tools, and multiple order types. Mitrade also offers educational resources and customer support to help traders improve their skills and succeed in the markets. The company is licensed and regulated in multiple jurisdictions, including Australia, the UK, and the EU. WikiFX has given this broker a decent score of 7.03/10.
About Mitrade Academy
Mitrade Academy is designed to cater to traders of all levels, providing them with step-by-step guidance in their respective learning journeys. Users are able to access a wide range of interactive courses, tutorials, and resources that cover all aspects of trading. The academy can be accessed via web and mobile browsers, providing a convenient and flexible way to learn to trade anytime, anywhere.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Further Reading
What? The Rupee’s Fall from 90 to 95 Remains the Fastest Five-Point Decline in a Decade!
No, we are not kidding! The rupee has indeed hit this low, from 90 to 95 against the US dollar, the fastest in nearly a decade, highlighting the slump due to rising crude oil prices and global uncertainty from the series of adverse events related to the geopolitical conflict in the Middle East. It just took five months for the rupee to weaken from 90 to 95, the sharpest five-point depreciation since the 2013 taper tantrum. During this period, the rupee declined from 60 to 65 within a month amid concerns over India’s current account deficit and large capital outflows.
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OANDA Japan to End Browser-Based MT4 and MT5 Access in May
OANDA Japan will shut down MT4 and MT5 web terminal access at the end of May, while desktop and mobile trading remain available as the broker continues its MT4 phase-out.
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Acetop UK Reports 2025 Loss as Trading Volumes Drop to $9.5 Billion
Acetop Financial Limited posted a £35,691 pretax loss in 2025 after revenue declined and trading volumes fell 21% to about $9.5 billion.
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