Standard & Poor's assigns `BB' foreign currency rating to IOC
Standard & Poor's has assigned a `BB' foreign currency rating to IOC. IOC has a foreign currency rating at `BB/Stable/B' while its local currency rating at `BBB/Stable/A-3'. The stable outlook on IOC foreign currency rating reflects the stable outlook on India's sovereign foreign currency rating.

Euro hovers within sight of record lows vs dollar
A bruised euro hovered within a cent of record lows against the dollar on Monday with only traders' wariness about central bank intervention preventing further losses.

US Treasuries in anarrow range on M-East tension
US Treasury notes were stuck in a narrow trading range early in New York trade on Monday as investors fretted about rising tensions in the Middle East where a three-week wave of violence has left at least 127 dead.


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