Recent developments affecting the Bosnia and Herzegovina Convertible Marka (BAM):
- Increase in Foreign Currency Reserves: As of October 2024, Bosnia and Herzegovina's foreign currency reserves rose to 17.04 billion BAM, an 8.1% annual increase. (sarajevotimes.com)
- Growth in Money Supply: The total money supply (M2) reached 38.07 billion BAM by October 2024, marking an 8.2% year-over-year growth. (sarajevotimes.com)
These factors may influence the BAM's exchange rate, impacting travelers, expats, and business owners.
Date: March 31, 2026
Key Developments Affecting the Indian Rupee (INR):
1. Geopolitical Tensions and Oil Prices
- Middle East Conflict: Escalating tensions, particularly the Iran-Israel-US conflict, have led to a surge in global crude oil prices, impacting India's import costs and current account balance. (insightsonindia.com)
2. Foreign Portfolio Outflows
- Equity Market Withdrawals: Foreign investors have pulled significant funds from Indian equities, contributing to increased demand for US dollars and exerting downward pressure on the INR. (finnovate.in)
3. Reserve Bank of India's (RBI) Policy Stance
- Flexible Exchange Rate Approach: Under Governor Sanjay Malhotra, the RBI has adopted a more flexible approach to currency movements, allowing the rupee to weaken to manage external pressures. (economictimes.indiatimes.com)
4. Economic Survey Projections
- Capital Flow Risks: The Economic Survey 2025-26 highlights potential disruptions in capital flows and their impact on the INR as key risks for India in 2026. (business-standard.com)
These factors collectively influence the INR's performance, with ongoing geopolitical developments and capital flow dynamics playing pivotal roles.