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BENGALURU: The Taiwan dollar was poised for its biggest single-day gain since the 1980s on Monday, as the convergence of strong economic data and cooling global trade tensions ushered investors into the island’s currency. Taiwan’s currency appreciated as high as 29.59 per US dollar, its highest level in nearly three years. It was last trading at 30.04. Typically a quiet player in emerging Asian currency markets, the Taiwan dollar’s historic rally underscores a broader re-rating of the region’s economic prospects, with its role in the global semiconductor and AI supply...

Rupee traded in a narrow band and slipped 4 paise to 85.19 against the US dollar in early trade on Tuesday, as gains from upbeat domestic equities were offset by dollar short-covering among investors. Forex analysts noted ongoing concerns about global economic headwinds stemming from tariffs and US monetary policy, which could dampen overall demand. At the interbank foreign exchange market, the rupee opened at 85.11 and later declined to 85.19 against the US dollar, marking a 4 paise drop from its previous close. On Monday, the rupee had gained...

In a volatile trading session on Wednesday, the Indian stock markets concluded flat, continuing the trends seen in the previous day. Investor sentiment was affected by worries over overvaluation, tariff war threats, and currency depreciation. At the end of the session, the BSE Sensex was recorded at 74,029.76, a decline of 72.56 points or 0.10 per cent, while the Nifty of the National Stock Exchange fell by 27.40 points or 0.12 per cent to close at 22,470.50.On the NSE, significant gainers included IndusInd Bank, Kotak Mahindra Bank, Tata Motors,...