Russian Rouble, Stocks Push Higher

June 16 Reuters The Russian rouble and stocks gained on Thursday, as the head of the central bank said the currency would remain freefloating and that capital controls should continue to be relaxed. At 1435 GMT, the rouble was 0.7 stronger against the dollar at 56.61 and had gained 1.4 to trade at 58.96 versus […]
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Indian Shares Suffer Biggest Weekly Drop in Two Years

BENGALURU, June 17 Reuters Indian shares ended lower on Friday to post their biggest weekly decline in more than two years, drubbed by worries that rapid increases in interest rates to tame stubborn inflation could derail economic growth. The NSE Nifty 50 index fell 0.44 to 15,293.5, while the SP BSE Sensex fell 0.26 to 51,360.42. Both […]
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European Shares Steady at the End of Brutal Week

STOXX 600 eyes weekly declines of 4 Tesco slips on warning of changing consumer behaviour Santander inches up after CEO change June 17 Reuters European stocks edged higher on Friday, but were set for sharp weekly losses as a slew of interest rate hikes from major central banks fuelled worries about a sharp economic slowdown. […]
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