Resource stocks were among the top gainers in the bourse, with rare earth-related firms leading the charge after reports that China has set up a national rare earths company that will operate under the state asset regulator.
Prior to market opening, the People’s Bank of China set the midpoint rate CNY=PBOC at 6.3651 per dollar, 0.08% firmer, than the previous fix of 6.3703.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world.