The dollar strengthened to a near three-month high, driven by anticipation of U.S. economic data that could influence the Federal Reserve’s hawkish stance. Meanwhile, the yen weakened significantly against the dollar due to interest rate disparities. Investors are closely watching upcoming economic indicators for insights into the U.S. economy’s health.
Housing sales in 50 cities dip 3% to 6.14 lakh units, up 16% in value to Rs 8.4 lakh crore: CREDAI
Indian housing sales saw a slight dip in units last year but a significant rise in value. Demand for homes above Rs 1 crore drove