The U.S. dollar-denominated bonds issued by India’s Adani Ports and Special Economic Zone rose on Monday, after the company commenced a cash tender offer for a buyback of securities. On Monday, Adani Ports and Special Economic Zone, part of the beleaguered Adani Group, said it has floated a tender of up to $130 million of […]
Rupee Sinks To A New All-Time Low, Breaching 81 Per Dollar For First Time Ever
The rupee collapsed to the new lowest record on Friday, a sharp weakening beyond 81 per dollar for the first time when Greenback rose near the highest decades. PTI reported that Rupees fell 39 Paise to the lowest level of 81.18 against the US dollar in the initial trade after being closed at the weakest […]