dollar strength

Rupee Falls 12 Paise to Settle at Record Low of 92.40 Against US Dollar

Business News Desk4 days ago4 days ago03 mins mins

The Indian rupee continued its downward trajectory, closing at a record low of 92.40 against the US dollar, a fall of 12 paise compared to the previous session. This depreciation underscores the mounting pressure on India’s currency markets, driven by strong global demand for the dollar, elevated crude oil prices, and persistent foreign capital outflows….

FED’s Hammack Would Prefer Tighter Policy Given Too High Inflation: Implications for Global Economy and Investors

Business News Desk3 months ago3 months ago03 mins mins

The Federal Reserve continues to face a delicate balancing act as inflation remains stubbornly above its long-term target. In recent remarks, Federal Reserve policymaker Hammack stated that he would prefer a tighter monetary policy stance given the risks posed by persistently high inflation. His comments highlight the ongoing debate within the Federal Open Market Committee…

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Rupee Falls 12 Paise to Settle at Record Low of 92.40 Against US Dollar

FED’s Hammack Would Prefer Tighter Policy Given Too High Inflation: Implications for Global Economy and Investors