India Rupee at Record Lows, but RBI Intervention Slows Slide

MUMBAI, June 28 Reuters The Indian rupee hit record lows against the U.S. currency on Tuesday after higher oil prices raised concerns of sustained inflation, although intermittent dollar selling by the central bank helped limit losses. The partially convertible rupee was trading at 78.7576 per dollar by 0745 GMT, compared to its close of 78.34 […]
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Major Gulf Bourses Track Asian Shares, Oil Prices Higher

June 28 Reuters Major stock exchanges in the Middle East rose on Tuesday, in line with Asian peers, driven by China39;s decision to ease some quarantine rules for international arrivals. MSCI39;s broadest index of AsiaPacific shares outside Japan was up 0.5, having spent most of the day in negative territory. China will halve to seven days […]
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China Vows Timely Policy Measures to Cope with Risks

BEIJING, June 28 Reuters China will roll out tools in its policy reserve in a timely way to cope with more economic challenges, as COVID19 outbreaks and risks from the Ukraine crisis pose a threat to employment and price stability, a state planner official said on Tuesday. Activity in the world39;s secondlargest economy is beginning […]
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