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INDIAN RUPEE WEAKENS PAST 95.7375 PER U.S. DOLLAR TO HIT RECORD LOW, DOWN 0.1% ON DAY

2026-05-13

INDIAN RUPEE WEAKENS PAST 95.7375 PER U.S. DOLLAR TO HIT RECORD LOW, DOWN 0.1% ON DAY

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2026-05-13

Morgan Stanley raised its 2026 China GDP growth forecast to 4.8% from 4.7%, citing resilient exports driven by AI and green-investment demand. The bank’s economists say China’s supply-chain strength is helping it gain additional global export market

Morgan Stanley raised its 2026 China GDP growth forecast to 4.8% from 4.7%, citing resilient exports driven by AI and green-investment demand. The bank’s economists say China’s supply-chain strength is helping it gain additional global export market share. They also note the economy is relatively insulated from oil-price shocks due to its diversified energy mix and strategic reserves. Robust exports have reduced the need for further stimulus, prompting Morgan Stanley to drop its call for second-half fiscal support and additional monetary easing. The PBOC is instead likely to rely on liquidity injections and targeted credit tools rather than interest-rate cuts.
2026-05-12

US APRIL CONSUMER PRICES RISE 0.6% M/M; EST. +0.6%

US APRIL CONSUMER PRICES RISE 0.6% M/M; EST. +0.6%
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