The rupee rose 5 paise to 90.67 (provisional) against the US dollar on Wednesday, driven by foreign fund inflows and positive domestic equity markets. However, higher global crude prices and a strengthening dollar blocked sharp gains in the local unit, forex traders said. At the interbank forex market, the rupee opened at 90.60 against the […]
Russia’s ruble has surpassed all major currencies against the dollar this year, a rally that has caught policymakers off guard and threatens to undermine the country’s wartime economy.The ruble has appreciated 45% since the start of the year and is trading at almost 78 per dollar, within easy reach of levels before Russia’s massive invasion […]