Investing in US treasury has a twin advantage at a time when the US Federal Reserve is increasing rates and the dollar is getting stronger, said Bank of Baroda chief economist Madan Sabnavis. It helps gain higher returns in the long term. “Also, investment value remains strong. Any other currency will face depreciated value on principal in the present environment,” he said.
Oil Price Today (September 23): Crude oil below $100 on hopes of US-Iran talks. What did Trump say?
Brent crude futures fell 7 cents, or 0.07%, to $99.18 a barrel, while West Texas Intermediate futures declined 35 cents, or 0.39%, to $90.17 a