RBI sells dollars as rupee hits record low on U.S. rate hike woes https://ift.tt/xMgIFeV rupee hit a record low of 82.6825, before easing to last trade at 82.38. It is now only marginally lower from 82.32 in the previous session. The rupee went from less than 82.60 to above 82.40 in the space of less than ten minutes.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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