[ad_1] the Indian Rupee Tested a series of record lows in recent weeks and Standard Chartered plc. Further losses for the currency are expected in the coming months. “The main two factors that could weaken the rupee are mainly on deteriorating trade and capital flow dynamics,” Parul Mittal Sinha, India’s head of financial markets, said in an interview with Bloomberg TV on Tuesday. View of the trading desk of the bank. She said the currency could extend its decline to 82 per dollar in the next three months. of India…
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Wall Street Week Ahead: US Stock Market Rebound Faces Major Inflation Test
[ad_1] A rally that lifts US stocks from the brink of a bear market faces a crucial test next week, when consumer price data provides insight into how much more the Federal Reserve is facing in its fight against the worst inflation in decades. will need to do. Despite a rocky week, the S&P 500 is still up 5% from last month’s low, which dropped the benchmark index nearly 20% from its all-time high. The index was recently down nearly 14% from its January 3 record, after losing 1% in…