The Indian rupee weakened to a record low against the US dollar due to broad gains in the American currency and corporate outflows. The Reserve Bank of India intervened but refrained from significant action. The Chinese Yuan’s weakness and corporate outflows also contributed to the rupee’s decline, as noted by Shinhan Bank’s vice-president.
Polycab India shares fall 6% in two sessions. What’s triggering the selloff?
Polycab India shares dropped 6% in two sessions after NSE announced its exclusion from the equity derivatives segment effective December 30. The move follows an