The rupee experienced a six paise decline against the US dollar during early trade. Concurrently, Brent crude oil prices saw a sharp rise, approaching USD 90 per barrel, as expectations for a rapid US-Iran agreement and a reopened Strait of Hormuz diminished. Forex experts indicated oil supply ambiguity as a significant factor, causing the dollar index to rise slightly and equity markets to fall.

The rupee has fallen eight paise to 95.25 versus the US dollar as of Monday, influenced by a strengthening dollar and surging global crude oil costs. Despite this, foreign…

In early trading on Tuesday, the rupee fell by eight paise against the US dollar, closing at 95.30 from the previous day. Ongoing tensions in West Asia have heightened market…

The rupee began Tuesday on a weak note, falling 8 paise to 95.38 against the US dollar in early trade, as uncertainty over the ongoing Middle East crisis and a rise in crude oil…

The rupee experienced a six paise decline against the US dollar during early trade. Concurrently, Brent crude oil prices saw a sharp rise, approaching USD 90 per barrel, as…