Swiss Francs
IRFC explores some Swiss franc swap to cut dollar risk
To address currency volatility, IRFC is considering converting part of its dollar loans into Swiss francs and diversifying its funding sources. With nearly $8 billion in overseas exposure, the company is also exploring refinancing metro rail projects, aiming to improve earnings.
4 min read26 Jan 2026Accounts officer booked for siphoning off ₹2 cr from India's Permanent Mission in Geneva to bankroll gambling venture
It is suspected that the accounts officer surreptitiously replaced some of the vendor QR codes with a self-generated QR code, which diverted the payments to his personal CHF account in UBS instead of the vendor's account.
3 min read21 Dec 2025US dollar advances against major currencies amid Middle East conflict, all you need to know
The US Dollar has surged against major currencies in the world while the conflict in the Middle East between Israel and Iran continues to increase.
1 min read14 Jun 2025Wait for it…
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