The Bloomberg dollar index, which evaluates performance of the US dollar against 10 other currencies, has risen by 13 per cent so far in 2022 to reach a 20 year high and is set for the best annual gain since 2004.
Foreign investors have resumed selling Indian equities in September, with FPI outflows crossing Rs 23,000 crore through September 19. Higher crude prices, elevated US bond
Indian equities extended their recovery, with Nifty gaining 0.33% as moderation in crude and global yields supported sentiment. Sensex slipped 0.03%, while broader markets outperformed.
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