The rupee is Asia’s top performer this year, up 0.4% versus the dollar with the lowest volatility among emerging market currencies, according to data compiled by Bloomberg. The South Korean won has weakened 3.2% in the same period, after gaining 4.8% in the fourth quarter.
Sebi permits use of mutual funds for IAs, RAs deposit compliance
Sebi has allowed investment advisers and research analysts to use liquid mutual funds and overnight mutual funds for meeting their mandatory deposit requirements, providing an