Bank of Japan Governor Kazuo Ueda’s comment on Monday that the central bank will raise interest rates further if the economy continues to improve also hit sentiment as worries grew about unwinding of yen carry trades-a strategy used by investors to borrow from a low-interest country and invest in a high-interest-yielding country.
Commodity Talk | January could be challenging for Gold, Silver: Anindya Banerjee, Kotak Securities
When there are outflows, the rupee tends to weaken. Additionally, most Asian currencies are depreciating against the dollar. When comparing the Indian rupee to the