The Chinese yuan reached its highest point against the U.S. dollar in seven months due to a stronger Japanese yen and investors reversing carry trades. The weak U.S. labor data and potential Federal Reserve rate cuts contributed to the yuan’s rise. Future movements hinge on Chinese exporters’ decisions and domestic economic factors.
Swiggy management on increasing size of IPO to Rs 4499 cr, Q-commerce strategy & more
Swiggy is raising Rs 4,499 crore through an IPO to invest in its quick commerce business and expand its dark stores. The company plans to
October 30, 2024