Sand Dollar

India's central bank is stepping up its defense of the rupee, with reports describing a line in the sand for the currency at 97 to the US dollar. The Reserve Bank of India is also widening the scope of its forex risk reserve requirements and tightening rules on non-deliverable forwards, moves analysts read as an effort to curb speculative pressure and stabilise the currency.

John Rolle, governor of the Central Bank of The Bahamas, has spoken about the country's fixed exchange rate pegged to the US dollar and its pioneering role in launching the Sand Dollar, the world's first nationwide central bank digital currency. The discussion covers how the peg constrains monetary policy and why the Bahamas moved early into digital currency to improve payments across its scattered islands.

The Reserve Bank of India is intensifying its defense of the rupee, signaling that 97 to the US dollar is the level it will not let the currency breach. Traders are watching closely to see whether the central bank can hold the line through dollar-selling interventions, as the rupee faces sustained pressure from broad dollar strength and capital outflows.

A development team is raising a few thousand dollars to bring its PWNies project to market and finish testing Linux patches for the iPhone 11. They say as few as 50 monthly supporters on Patreon would be enough to make native Linux on the device a reality, and are asking the open-source community to chip in and back the effort.

Las Vegas Sands October 2026 put options with a strike price of 38.00 dollars are drawing attention among options traders. The long-dated bearish contracts would profit if the casino operator's shares fall below that level by mid-October 2026. Investors typically track such puts as a read on sentiment toward the stock's outlook.