Rupee falls 16 Paise to 85.58 against US Dollar weighed by global yield concerns, foreign outflows – Times of India

NEW DELHI: The rupee declined by 16 paise to settle at 85.58 against the US dollar on Tuesday, weighed down by weak domestic equity markets and a rise in US…

Continue ReadingRupee falls 16 Paise to 85.58 against US Dollar weighed by global yield concerns, foreign outflows – Times of India

Asian markets slide as US loses last triple-A credit rating; Wall Street rally stalls, dollar and futures dip – Times of India

Asian stock markets slid on Monday and the US dollar weakened after Moody’s downgraded the United States’ last remaining triple-A sovereign credit rating, triggering renewed investor concerns about Washington’s rising…

Continue ReadingAsian markets slide as US loses last triple-A credit rating; Wall Street rally stalls, dollar and futures dip – Times of India