India’s capital inflows may have a mild impact on the rupee as the central bank tightens its grip. Prospects of bond and stock inflows from JPMorgan Chase & Co’s inclusion of Indian debt in its emerging market index and a global risk-on sentiment favor the rupee. However, analysts are cautious about expecting a significantly stronger rupee. The Reserve Bank of India is likely to allow gradual appreciation with limited volatility.
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest