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Shares rebounded earlier in Europe and Asia after China cut a key lending benchmark to bolster its weakening economy, helping initially to drive gains on Wall Street.
The rupee on Wednesday declined by 16 paise to close at its fresh lifetime low of 77.60 against the US dollar amid unabated foreign fund outflows and a stronger greenback in overseas markets.
NTPC, Bajaj Finance, Maruti Suzuki, SBI, HDFC, Kotak Bank, M&M, and IndusInd Bank were the top gainers on the Sensex index
The rupee declined 23 paise to 76.65 against the US dollar in the opening trade on Monday tracking the strength of the dollar in the overseas market.
The US rate futures market has priced in 96% chance of a 50 basis-point hike at next month's Fed policy meeting, and about 215 basis points in cumulative rate increases
The dollar index rose as high as 99.904 in early Asia trade, its best level since May 2020.
Putin said in a meeting with his Belarusian counterpart Alexander Lukashenko that there had been 'certain positive shifts' in negotiations with Ukraine
The dollar rose as much as 0.7%, extending on last week's 0.4% gain
Safe-haven Japanese yen fell back on Friday and the Australian dollar advanced as investors took comfort from news of talks between the United States and Russia over the crisis in Ukraine.
The dollar bounced on Thursday after a Russian news report of mortar fire in eastern Ukraine jangled market nerves and sent investors in to safe havens.
LONDON (Reuters) - European stocks opened slightly higher on Tuesday, the dollar eased and gold was just below an 8-month high as investors remained focused on the risk of Russia invading Ukraine.
A Russian attack could begin any day and would likely start with an air assault, White House national security adviser Jake Sullivan told a media briefing