Indian rupee finds support from cooling Fed hike bets, unrelenting crude surge a drag
MUMBAI: The Indian rupee is likely to open little changed on Wednesday, as softer U.S. inflation data tempers expectations of a near-term Federal Reserve rate hike, offseting pressure from a…
Read the full articleYou might also wanna read
Rupee in a Tug-of-War: Fed Hike Bets Cool as Crude Surges
Softer Fed hike expectations are supporting the Indian rupee, but a relentless crude oil rally is pressuring India’s external balances and k
Rupee Opens Lower Against U.S. Dollar As Rising Crude Oil Prices Weigh On Sentiment
The Indian rupee weakened at the opening on Monday as higher crude oil prices and escalating tensions in the Middle East weighed on sentimen
Rupee Opens Little Changed At 96.25 Against U.S. Dollar As Oil Prices Stay Elevated
The Indian currency remained under pressure as elevated crude oil prices and renewed geopolitical tensions continued to weigh on the rupee
Indian Rupee braces for pressure with oil taking centre-stage on US-Iran flare up
The rupee is expected to open in the 95.55-95.60 range against the U.S. dollar on Monday, traders said, after settling at 95.3250 on Friday
Rupee Opens Lower Against U.S. Dollar as Crude Oil Price Rally Weighs on Sentiment
The Indian rupee weakened at the opening on July 14 as higher crude oil price and renewed geopolitical tensions in the Middle East increased
Rupee braces for pressure with oil taking centre-stage on US-Iran flare up
Rupee traded in a 94.96-95.60 range last week, largely mirroring moves in crude oil
Comments
Sign in to join the conversation.
No comments yet. Be the first.