The US dollar is surging, becoming the strongest safe asset. War in the Middle East has sent oil prices soaring and other assets tumbling. This situation raises fears of a global recession. The dollar’s strength is supported by its status as an energy exporter and rising US Treasury yields. Asian currencies are experiencing significant losses.
Cube Highways Trust secures Rs.1,150 crore through AAA-rated NCDs
Cube Highways Trust has triumphantly secured Rs. 1,150 crore by issuing senior secured NCDs, boasting a competitive coupon rate of 7.50% per annum, payable quarterly