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Markets24 June 2026 at 10:18 am
Dollar hits 13-month high as rate-hike bets, stock rout boost demand
Quick Take
The US dollar has hit a 13-month peak, fueled by a selloff in tech stocks and growing expectations for interest rate hikes from the Federal Reserve. Investors are flocking to safe-haven assets as global stock markets falter
Why It Matters
Indian market movements directly impact portfolio valuations and SIP returns for millions of investors. Sector rotation signals where smart money is heading next.