The Indian rupee is nearing the Rs 100 per dollar mark, driven by rising crude oil prices and foreign investor outflows. This depreciation fuels imported inflation, complicates RBI policy, and creates uneven impacts across equity sectors. Investors are advised to focus on resilient businesses as currency volatility persists.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend