The dollar approached a one-week high on Friday, poised to end a five-week losing stretch. Strong U.S. economic data cut expectations for aggressive Federal Reserve rate reductions. Meanwhile, European inflation slowed and Japan’s yen weakened. The euro and yen reacted differently to these economic shifts, affecting currency trade.
Kumar Mangalam Birla’s Grasim gets cheapest rupee bond deal in 5 years
Grasim Industries Ltd. has secured its lowest-cost local-currency bond since June 2020, a sign that interest rate cuts and recent cash infusions by the Indian
May 22, 2025