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Rupee back in red! Impact of RBI’s forex boost fades; currency breaches 96 versus dollar on rising crude prices
The Indian rupee is back in the red after having appreciated in recent weeks due to Reserve Bank of India’s (RBI) measures and intervention. The currency has given up most of the gains it recorded after the RBI and the government announced a coordinated set of measures aimed at attracting foreign capital.
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timesofindia.indiatimes.com
Rupee under pressure: Currency slips 39 paise against US dollar as oil prices soar again
Rupee began the week on a negative note, falling 39 paise against the US dollar as soaring crude oil prices and escalating tensions in the Middle East dampened sentiment. The…
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economictimes.indiatimes.com
Rupee hits one-month low as renewed Mideast conflict lifts oil prices
The Indian rupee reached its weakest point in over a month on Monday. Renewed Middle East hostilities and Iran's Strait of Hormuz claim sent oil prices surging. State-run banks…
