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On 21 May 2022

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The Indian rupee extended its losses and slumped 60 paise to close at a record low of 77.50 (provisional) against the US dollar on Monday, pressured by the strength of the American currency overseas and unabated foreign fund outflows. At the interbank foreign exchange market, the rupee opened lower at 77.17 against the greenback, and finally settled for the day at 77.50, down 60 paise […]

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The Mainland China stocks closed mixed on Monday, 09 May 2022, with the Shanghai Composite rising fractionally while the Shenzhen Component settled marginal down, as sluggish April trade data reaffirmed market worries that COVID-19 induced lockdowns across the country are taking a toll on economy. Shanghais tightening COVID-19 curbs sparked worries about economic growth and a possible recession in the worlds second-largest economy. Shanghai was […]

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