At the interbank foreign exchange, the rupee opened at 85.88, hit the intra-day peak of 85.85 before settling at the lowest-ever level of 86.00 (provisional) against the greenback, 14 paise lower from ...
After all, as a new report from the Global Capital Allocation Project (a joint hub between Stanford, Chicago and Columbia universities) notes, it is China that actually has hegemonic power over global ...
Inertia of convenience: Companies “find using the dollar very convenient: the dollar is accepted everywhere, it makes accounting simple, and surplus cash can be parked in US capital markets without ...