Global trade war would hit overall activity
But much depends on how China would react
Our flexible exchange rate and independent monetary policy are powerful shock absorbers
Impact on Australian inflation is ambiguous, could move in either direction
Will respond in either direction, with force...
The central bank of India is the Reserve Bank of India (RBI) - supporting the local currency according to trader reports.
INR had been one of many currencies dropping against the rampant US dollar.
The rupee hit its lifetime low of 84.86 per dollar in early trading.
State-run banks are...