The news on COVID rules had stoked a short-covering bounce in the yuan last week, which added to broad pressure on the dollar as yields dived. The dollar regained a little ground early on Monday as its index added 0.4% to 106.870, but remained well short of last week’s 111.280 top.
Jio Platforms shares jump 5% on Day 2 after ending 27% higher on debut day. Buy, sell or hold?
Jio Platforms shares rose further after a strong market debut, climbing over 32% above the IPO price. Nomura, Motilal Oswal and Elara Capital initiated coverage