The yen edged lower Friday, trimming its weekly gain. Traders considered Bank of Japan rate increases and a leadership election. The dollar rebounded despite a US government shutdown. Markets expect Federal Reserve rate cuts this year. Japan’s political future and central bank policy are key factors. Global economic outlooks influence currency movements.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires