In a dramatic shift, global equity funds experienced a staggering exit of billions as investors reacted to rising inflation fears and escalating tensions in the Middle East. This selloff marked the most significant retreat in three months, prompting major central banks to hint at tightening their monetary policies.
Rupee flat on hopes West Asia truce will hold
The Indian rupee remained stable against the dollar as risk assets gained across Asia and Europe. Falling oil prices and expectations of a West Asian
May 28, 2026