Rupee declined for a third straight session on Thursday as oil prices continued to march higher on worries over the escalating conflict in the Middle East, elevated dollar demand linked to derivative maturities and corporate hedging.
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The rupee slipped on Friday and fell over 1% week-on-week as a sharp rise in oil prices pressured Indian markets, though the…
The rupee fell about 0.5% to 95.7825 per dollar, tracking declines in oil-sensitive regional peers like the Indonesian rupiah,…
RBI intervenes in forex market as rising oil prices pressure rupee, with state-run banks offering dollars, traders report.
The Indian rupee fell to a fresh all-time low of 96.20 against the US dollar in early trade on Monday, extending its losing…
RBI intervenes in forex market to stabilize rupee amid rising oil prices and geopolitical tensions, traders report.
RBI intervenes in currency market as rupee falls due to rising oil prices and dollar outflows, traders report.
