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Finance & Markets

Zambian Kwacha Extends Slide as Oil Importers Seek Dollars

The Zambian kwacha fell as much as 6% on Tuesday, its biggest daily drop in more than three years, as corporate demand for dollars weighed on this year’s top-performing African currency.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Result of Yield/Price Based Auction of State Government Securities

Sr. No State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/Yield (%) Tenor (Year) 1. Andhra Pradesh 1000 1000 97.10/7.9197 Re-issue of 7.46% Andhra Pradesh SGS 2035…

  • ₹236 crore accepted in auction out of ₹25100 crore offered
  • Andhra Pradesh, Karnataka, Maharashtra, Rajasthan top bidders
  • Delhi, Punjab did not accept any bids for securities

More from Tuesday 6 October →