The index tracking the rupee’s value against a weighted basket of 40 trading partners, adjusted for inflation, climbed to 107.33, its highest level since December 2017, according to Reserve Bank of India data.
US stocks: Nasdaq and S&P 500 slip while Dow hits record high ahead of Fed rate decision
Technology stocks pressured the Nasdaq and S&P 500 lower on Tuesday, while the Dow Jones Industrial Average achieved its second consecutive record close. Investors digested