Rupee closes at a new low on US rate worries https://ift.tt/jgFQTqn rupee settled at 83.29 per US dollar on Wednesday, a new record closing low. The local unit had settled at 83.25 per US dollar on Tuesday. So far in 2023, the rupee has depreciated 0.7% versus the US dollar. The rupee's previous record closing low was 83.28 per US dollar.
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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