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The Indian Rupee (INR) trades flat at around 95.33 against the US Dollar (USD) in the opening session on Tuesday. The Indian currency is expected to trade sideways as investors await the Reserve Bank of India’s (RBI) monetary policy announcement on Wednesday.
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The decision reflects foreign exchange assumptions after the US and Japan moved to support the beleaguered currency.
Under the Bill, higher fines may also be imposed on designated service providers who do not comply with the Online Criminal Harms Act.
The benchmark 6.94% 2036 bond yield was flat at 6.8346%
USD/CHF moves little after two days of gains, trading around 0.8100 during the Asian hours on Tuesday. The currency pair may appreciate further as the Swiss Franc (CHF) faces headwinds from easing…
The London-based bank said its second-quarter net profit jumped 68% from a year earlier to $7.69 billion and announced a share buyback of up to $1 billion.