The Indian rupee fell below 84 per U.S. dollar for the first time due to rising oil prices, foreign equity outflows, and reduced hopes of a major U.S. rate cut. Despite RBI interventions, the rupee’s near-term outlook worsened, with Brent crude prices up over 10% in October.
NSE IX signs MoU with Cyprus stock exchange to boost cross-border market ties
The strategic partnership was officially sealed during Prime Minister Narendra Modi’s state visit to Cyprus, in the presence of Cypriot President H.E. Nikos Christodoulides, at