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LATEST

Century-old South African smelter nears closure over power price, risking 350 jobs●NERC dissolves Kaduna Electric board over N456.5 billion market debt●Uganda at heart of East African oil battle between Lamu and Tanga ports●US Senate approves AGOA extension until end of 2028●Gambia’s President Barrow Launches 360-Kilometre Road Project●Kenya’s Sh500 billion nuclear plan faces tough questions on cost and site●EU CBI crackdown could reshape wealthy Nigerians’ migration plans●Libya central bank governor resigns amid political pressure over oil money●Century-old South African smelter nears closure over power price, risking 350 jobs●NERC dissolves Kaduna Electric board over N456.5 billion market debt●Uganda at heart of East African oil battle between Lamu and Tanga ports●US Senate approves AGOA extension until end of 2028●Gambia’s President Barrow Launches 360-Kilometre Road Project●Kenya’s Sh500 billion nuclear plan faces tough questions on cost and site●EU CBI crackdown could reshape wealthy Nigerians’ migration plans●Libya central bank governor resigns amid political pressure over oil money●

Asia

Rupee falls 8 paise to 95.38 against US dollar in early trade

Markets-Economic Times · 1h ago · 🇮🇳 India

Rupee falls 8 paise to 95.38 against US dollar in early trade

In early trading on Tuesday, the rupee fell by eight paise against the US dollar, closing at 95.30 from the previous day. Ongoing tensions in West Asia have heightened market anxiety, leading to soaring crude oil prices. This uncertainty pressured domestic equity markets as well. Nonetheless, the Reserve Bank of India's actions and inflows from foreign institutional investors offered some stability to the currency.

Read the full story at Markets-Economic Times →

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