The Indian rupee closed at 95.15 against the US dollar, marking the fourth consecutive day of gains. It reached an intra-day peak of 94.77, which is a one-month high. This appreciation was aided by central bank measures and the unwinding of long dollar positions. Despite the gains, strong dollar demand from importers limited its daily increase. Overall, the rupee's rise presents opportunities for…
TOKYO: Japan's Nikkei share average slumped in early trading on Thursday, with technology stocks hit hard after hot US inflation figures sparked fears of higher interest rates.
