The Indian rupee weakened against the dollar as crude oil prices surged amid fading hopes for a U.S.-Iran peace deal. State-run banks intervened to cushion the fall. Rising inflation concerns are prompting analysts to anticipate a Reserve Bank of India rate… For the full story, visit the source.
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Rupee slips with Asian peers as hopes of imminent U.S.-Iran peace deal falter
The Indian rupee weakened against the dollar as crude oil prices surged amid fading hopes for a U.S.-Iran peace deal. State-run banks intervened to cushion the fall. Rising inflation concerns are prompting analysts to anticipate a Reserve Bank of India rate…
By Reuters· The Times of India· 2 days ago· 2 min read
This summary is sourced from The Times of India. Read the full article at:The Times of India