Thursday, February 25, 2021

Long bets on rupee hit over three-year high, peso bears return: Poll

Long bets on rupee hit over three-year high, peso bears return: Poll The dollar has hit multi-year lows this week, despite a jump in US yields, on the Federal Reserve#39;s dovish tone and as risk appetite improved due to vaccination efforts, with investors now looking to high-growth economies that will benefit from a pick-up in global trade.

from Moneycontrol Business News https://ift.tt/3uvj8cJ

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Sensex, Nifty slip 0.7% as Fed’s cautious outlook damps investor sentiment

Indian stock markets experienced a decline on Thursday. The NSE Nifty and BSE Sensex closed lower. This downturn followed the US Federal Res...