The Indian rupee surged to a one-week peak on Tuesday, empowered by the recent dip in oil prices alongside measures taken by the central bank. Throughout the trading day, the rupee remained within a narrow band as Brent crude prices decreased by more than three percent. Concurrently, Asian currencies showed slight declines, with the dollar index slipping beneath 99.

The Indian rupee surged to a one-week peak on Tuesday, empowered by the recent dip in oil prices alongside measures taken by the central bank. Throughout the trading day, the…

Rupee rebounds as falling crude prices and positive foreign inflows provide support, with key resistance levels to watch.