The U.S. dollar remained stable amidst concerns about President Trump’s repeated criticism of the Federal Reserve, specifically targeting Governor Lisa Cook. Investors are closely watching Fed Chair Jerome Powell’s upcoming speech for hints about potential rate cuts, especially after a weak jobs report.
Sebi relaxes re-KYC process for NRIs; removes physical presence clause
Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India