Reeling rupee receives a lifeline from dollar's plunge to a near 4-month low.The under-pressure Indian rupee is poised to open higher on Tuesday after the dollar slumped to a four-month low, hit by the rally in the Japanese yen and unease over President Donald Trump's erratic policymaking.
Struggling Indian rupee to navigate Fed policy; bonds seen supported ahead of budget.A heavily pressured Indian rupee steps into a week in which the U.S. Federal Reserve is scheduled to deliver its first policy decision of the year, while local government bonds are seen supported in the run-up to the country's annual budget.
US Dollar Index declines to near 97.00 amid Fed uncertainty, US shutdown fears.US Dollar Index declines to near 97.00 amid Fed uncertainty, US shutdown fears
China industrial profits rebound in December as price pressures ease.China's industrial profits returned to growth in December, snapping a two-month contraction and coming in well above market expectations, according to official data released on Tuesday.
China to roll out policy to manage AI job impact and boost employment.China will roll out a dedicated policy framework to address the employment impact of artificial intelligence, as part of broader efforts to stabilise and expand the labour market, according to the Ministry of Human Resources and Social Security.