Tag: Global Markets

spot_img

Rupee Recovers 61 Paise After Trump Signals Progress in Iran Talks

The Indian rupee recovered 61 paise after touching a record low as Donald Trump signalled progress in Iran peace talks. Softer crude oil prices improved investor sentiment, supporting the currency. However, elevated oil prices, rising US Treasury yields, and pressure on India’s forex reserves continue to challenge the rupee outlook.

Rupee Falls Beyond 96 Per Dollar as Crude Oil Prices Spike

The Indian rupee touched a record low on Friday as soaring crude oil prices and concerns over inflation and trade deficits intensified pressure on...