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Thursday, September 28, 2023

Australian dollar pinned near fresh 11-month low, support shaky

The Australian dollar was pinned near a fresh 2023 low on Thursday as a major support level crumbled under a relentless surge in Treasury yields, while local retail sales and jobs data added to the case for an extended rate pause next month.

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Reinsurance buffers crash claim, Tata AIG logs Rs 1,008 crore profit

The General Insurance Corporation had estimated claims of over $400 million last year from the Air India Ahmedabad crash. Since then, reinsu...