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Rupee poised to rise aided by dip in oil prices even as West Asia war risks continue to lurk
The currency has traded in a 94.96-95.60 range so far this week, coming under pressure from renewed strikes between US & Iran, while drawing support from likely intervention by the RBI.
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theprint.in
Rupee set to weaken as oil prices surge, US Treasury yields rise amid US-Iran tension
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 reprieve after sustained pressure in recent sessions.
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economictimes.indiatimes.com
Rupee slips as oil prices jump, modest portfolio inflows cushion fall
The Indian rupee weakened slightly on Wednesday due to Middle East hostilities. Renewed conflict lifted oil prices, impacting risk sentiment across markets. Modest portfolio…
