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Crude retreats but stay near multi-year highs

Crude oil prices dipped on Thursday as a stronger US dollar brought them off multi-year highs, reports Reuters.Brent crude oil futures dropped 33 cents, or 0.4 per cent, to $74.06 per barrel by 0836 GMT in the day. They hit their highest since April 2019 in the previous session.US West...

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India rupee sees biggest daily fall in over two months on hawkish Fed

MUMBAI, June 17 (Reuters): The Indian rupee saw its biggest single-day fall in more than two months on Thursday while bond yields rose as the U.S. Federal Reserve stunned investors by signalling it might raise interest rates as early as 2023, faster than assumed.The partially convertible rupee ended at 74.0775...

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