This week, the Indian rupee and government bond yields are expected to take cues from the Federal Reserve's guidance at a pivotal monetary policy meeting amid the turmoil in the U.S. and European banking sectors.
, UBS Group AG sealed a deal to buy Credit Suisse for $3.23 billion, a historic move which was followed by global central banks assuring markets of adequate dollar liquidity via standing swap lines.
Money markets largely point to a 25 basis point hike from the U.S. central bank on Wednesday, but there have been calls for a pause. We remain glued to the situation as a turn for the worse "can see a break of 83 and set up a test of 84 quickly for the rupee," said Jayaram Krishnamurthy, founding partner and COO at Almus Risk Consulting.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/INR Price News: Indian Rupee buyers flirt with 82.50 amid cautious optimism, Fed policy eyedUSD/INR Price News: Indian Rupee buyers flirt with 82.50 amid cautious optimism, Fed policy eyed – by anilpanchal7 USDINR RiskAversion Fed Currencies YieldCurve
Read more »
Papris (Crispy Indian Wheat Chips) RecipePapris are crispy chips made from a simple wheat dough. Much like nachos, papris are often served with assorted toppings that offer complementary and contrasting textures and flavors, all of it always dusted generously with chaat masala.
Read more »
From SVB’s Collapse to the Fed’s Balancing Act: A Week of Market TurmoilVideo: Silicon Valley Bank’s swift collapse prompted regulators to implement a series of emergency measures to stem the fallout and shore up confidence in the banking system. Here's how the week unfolded.
Read more »
Walmart pumps $200 million in Indian fintech PhonePe in ongoing fundraiseIndian digital payments firm PhonePe said on Friday it has raised $200 million from majority backer Walmart Inc at a pre-money valuation of $12 billion.
Read more »
Elena Rybakina stuns world No.1 Iga Swiatek to reach Indian Wells final | CNNElena Rybakina defeated world No. 1 Iga Świątek in straight sets on Friday to reach the Indian Wells final and continue her electric run of form this season.
Read more »
Indian Official: World Needs to 'Move On' from UkraineAmitabh Kant, India’s negotiator at the G20 summit, said on Wednesday that the world is too preoccupied with Russia’s war in Ukraine, and should “move on” to deal with issues like global poverty.
Read more »