The Indian rupee finished higher for a second straight session on Wednesday on likely state-owned banks’ dollar selling, which traders said could come on behalf of the central bank, reversing pressure from slightly softer Asian signals.The rupee ended 0.3% higher at 89.88, its highest closing level in a week, after closing at 90.1650 in the […]
Investors in sovereign wealth and public pension funds will have poured as much as $132 billion, roughly half of their total investments for the year, into the United States by 2025, according to Global SWF’s latest annual report. In contrast, the major emerging markets attracted almost a third less than in 2024, despite strong returns.The […]
Investors who see the rupee weakening past $90 against the dollar have a new indicator to assess: Goldman Sachs believes the worst phase of the currency’s underperformance is largely behind it, even as India’s external balances remain under pressure and rate uncertainty clouds the outlook. The brokerage argued that while flows have deteriorated significantly, India’s […]
The Japanese bond market is once again central to global attention. With prolonged returns on the government bonds that rise to multi-decennia highlights, the concern about the enormous debt of the Land Die are about 250% of GDP intensifying. The situation was further exacerbated by political instability after the prime minister’s resignation, who rattled the […]