Carry trade gains traction as investors eye emerging markets. Expectations of Federal Reserve rate cuts weaken the dollar. Money managers are investing in currencies of Brazil, South Africa, and Egypt. A weaker dollar and easing volatility create favorable conditions. The trade paused in July but is now reviving. Dismal US jobs data fuels bets on lower borrowing costs.
Stock Market Holiday 2026: Are NSE, BSE closed today for Bakri Id? Check market closing dates list
Indian stock markets will be closed on May 28 for Bakri Id, marking another trading holiday in 2026. Following this, seven more market closures are