The bigger interest in Chinese technology giants these days is on account of cheaper valuations compared with their American peers and a general dip in appetite towards US equities in the wake of uncertainties around the trade tariff regime.
Rupee touches one-week high; RBI plans to ease dollar bids
The rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on the currency.