The Indian rupee ended FY26 as Asia’s weakest currency against the US dollar. It depreciated by 9.88% due to significant foreign investor withdrawals and strong global dollar demand. The Reserve Bank of India intervened to stabilize the rupee. The Japanese yen also saw a decline. The Malaysian ringgit emerged as the top performer.
Sebi to release FII compliance consultation paper within weeks, says chairman Tuhin Kanta Pandey
Sebi is likely to release a consultation paper on foreign investor compliance requirements within weeks, chairman Tuhin Kanta Pandey said. The proposed document will explore