The Indian rupee held steady as easing U.S.-Iran tensions lowered oil prices, boosting sentiment. However, anticipation of potential U.S. Federal Reserve rate hikes kept traders watchful. Importer demand also capped rupee gains. Despite a roadmap for a U.S.-… For the full story, visit the source.
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Rupee drifts as oil dips; hawkish Fed risks, importer flows cap gains
The Indian rupee held steady as easing U.S.-Iran tensions lowered oil prices, boosting sentiment. However, anticipation of potential U.S. Federal Reserve rate hikes kept traders watchful. Importer demand also capped rupee gains. Despite a roadmap for a U.S.-…
By Reuters· The Times of India· 3 months ago· 2 min read
This summary is sourced from The Times of India. Read the full article at:The Times of India