Strength in dollar after the US Federal Reserve raised interest rates and maintained a hawkish stance weighed down the Indian rupee that depreciated by 10 paise to close at 82.90 (provisional) against the US dollar on Thursday. At the interbank foreign exchange market, the local unit opened at 82.87 and witnessed a high of 82.74 and a low of 82.92. It finally settled at 82.90 […]
Australia stock market finished session steep lower on Thursday, 03 November 2022, snapping three days of winning streak, on following weak lead from Wall Street overnight, as investors reacted to hawkish comments from Fed Chair Jerome Powell on the outlook for inflation and rates. At closing bell, the benchmark S&P/ASX200 index was down 128.78 points, or 1.84%, to 6,857.88. The broader All Ordinaries index dropped […]

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