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Copper stayed near the flat line as dollar extended pullback ahead of the Fed minutes and on expectations that the Federal Reserve will hike interest rates at a slower pace in the near-term. The U.S. dollar index, which measures the currency against a basket of six counterparts, was broadly flat at 107.1. Meanwhile, copper tracked Asian stocks that ended mostly higher on Wednesday. However, lingering […]

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The Indian rupee depreciated 18 paise to close at 81.85 (provisional) against the US dollar on Wednesday on dollar demand from importers and recovery in crude oil prices. Besides, sustained foreign fund outflows and concerns over rising COVID-19 cases in China also weighed on investor sentiments. At the interbank foreign exchange market, the local unit opened at 81.81 and later witnessed an intraday high of […]

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Monster.com announced a significant milestone in its journey as it transforms to a full-fledged talent management platform. Starting today, Monster will be known as foundit.in with a new logo and vision, ushering in a new revolution in the job market. Synonymous with recruitment, Monster has been serving more than 70 million job seekers and 10,000 customers spread across 18 countries. As the company now transforms […]

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Rupee trenches

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At 81.9625 per Dollar

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The Singapore stock market finished session edge lower on Wednesday, 23 November 2022, amid concerns about economic fallout of stricter COVID-19 curbs in China, ahead of the minutes from the Federal Reserves latest meeting scheduled to be released later in the day and the US market Thanksgiving holiday on Thursday. At closing bell, the Straits Times Index (STI) index was down 3.57 points or 0.11% […]

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