US dollar index at 101 for first time in 2 years; here’s what it means for Nifty, Sensex - Economic Times

With inflation running around 40-year highs for some time now in US, the Fed has already hiked its key benchmark rates by 25 basis points in March and speculation is strong that the central bank will follow it up with multiple 50-basis-point hikes starting as…

NEW DELHI: Amid strengthening expectation of the Federal Reserve aggressively hiking interest rates in the worlds largest economy, the US dollar index broke past the 101 mark on Tuesday, the first ti… [+4733 chars]

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