Dollar Weakens as US-Japan FX Intervention Speculation Grows

Dollar Faces Pressure Amid Speculation of FX Intervention The US dollar weakened against major currencies on Monday, following a turbulent week of policymaking that has left investors uncertain. Speculation regarding a possible coordinated foreign-exchange intervention by the US and Japan has further heightened concerns about the dollar’s stability as the world’s reserve currency. Yen Gains … Read more

Vedanta’s Aluminium Output Sees Marginal Growth, Shares Gain

Vedanta’s Aluminium Output Sees Marginal Growth, Shares Gain

Vedanta’s shares rose by 1.39% to Rs. 624.15 on the BSE, up 8.55 points from the previous close of Rs. 615.60. The stock opened at Rs. 618.70 and fluctuated between a high of Rs. 624.45 and a low of Rs. 618.70, with 3,850 shares traded during the session. The company’s stock, classified under BSE group … Read more