Rupee faces pressure as oil prices surge amid escalating US-Iran tensions, impacting India's trade balance and currency stability.
The Indian rupee is poised to weaken at Monday's open, with the market's focus swinging back
to oil after Iran expanded strikes on Gulf states following U.S.
attacks, reviving risks to India's trade balance.The rupee is expected to open in the 95.55-95.60 range
against the U.S. dollar on Monday, traders said, after settling
at 95.3250 on Friday.For the local currency, the focus has swung back to crude
After taking several steps to support the currency, the RBI is now reinforcing its intent to prevent any further weakness in the…
Rupee is expected to open in the 95.14-95.18 range, as per traders, after settling at 94.9675 Tuesday. It had managed a modest…
The Indian rupee has weakened against the US dollar after recent gains. Renewed US-Iran tensions have pushed crude oil prices…
The Indian rupee held steady as tensions between Iran and the US eased, with traders anticipating a clearer market direction.…
Currency seen opening at ₹94.80-94.85 per dollar with hopes of renewed dollar inflows
The currency is expected to open in a 95.78 to 95.83 range, traders said, against its 95.68 previous close.
