Volatility in the rupee is hovering near the lowest in almost two decades and the currency has managed to avoid breaching a record low even as rising US rates wreaked havoc in emerging markets. Indias central bank has denied defending any levels but analysts have an array of theories as to what is going on in policymakers minds.
Why interest rate rises are good news for ESG investors in Asia thenationalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationalnews.com Daily Mail and Mail on Sunday newspapers.
Unrelenting Fed Hikes Are Good News for Asia ESG Investors bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Tension is building over the US debt ceiling, spurring investors as far away as Asia to prepare for the worst even if a resolution is the base case and US markets will take the first hit from any potential default.