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Rupee hits one-month low as Iran-US escalation drives oil to $80

Buzz line2 months ago05 mins

MUMBAI: The Indian rupee opened weaker and fell to a one-month low on Monday after a sharp escalation in the Iran-US conflict over the weekend pushed global crude oil prices higher and triggered a risk-off mood across emerging markets. The rupee opened 25 paise lower at 91.2462 per dollar and slipped to an intraday low…

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Strong comeback of rupee after India-US trade deal, biggest one day jump since 2018 – Market

Buzz line2 months ago01 mins

India US trade deal: After the announcement of India-US trade deal on Tuesday, the Indian rupee showed such strength which was not seen for the last several years. The rupee strengthened by 1.36% to close at 90.26 against the dollar. This is considered to be the biggest single-day strengthening of the rupee since December 2018….

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