The yen tumbled about 2% against the dollar Wednesday, its worst day since June 2022, after Shigeru Ishiba said the economy isn’t ready for another hike. The currency fluctuated near 146.50 per dollar Thursday, near its weakest level in a month.
The larger the IPO, the lower the expense ratio, the data showed. Offerings under ₹500 crore incurred average costs of 9.3%, while mega IPOs above
Reliance shares surged over 5% on Monday-the highest single-day gains since June 2024-to a market valuation of ₹18.5 lakh crore, from ₹17.6 lakh crore.
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