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The Indian rupee closed slightly weaker on Monday, unable to benefit from a broadly weaker dollar due to corporate demand for the dollar, in a trading session that was also marked by technical difficulties.The rupee closed at 90.7575 per dollar, down 0.1% from its close of 90.6550 on Friday. Market participants had noticed trade execution […]
At a time when global investors are grappling with changing geopolitics, uneven growth in advanced economies and policy uncertainty in the US, India continues to stand out as one of the fastest growing major economies in the world. But paradoxically, foreign portfolio flows into Indian markets have remained under pressure over the past year, raising […]
