Rupee bulls again to market as crude oil costs begin declining

Rupee bulls again to market as crude oil costs begin declining

[ad_1] NEW DELHI: The rupee on Thursday strengthened in opposition to the US dollar as international crude oil costs on Wednesday posted their first internet loss in 5 buying and selling days, easing considerations on India’s present account and inflation, sellers mentioned. The RBI’s intervention on the psychologically vital 75.50 per greenback mark two days … Read more

After slumping to 6-month low, rupee positive factors at the moment as crude oil costs retreat

After slumping to 6-month low, rupee positive factors at the moment as crude oil costs retreat

[ad_1] NEW DELHI: After weakening to a near-six month low in opposition to the US greenback on Wednesday, the rupee gained floor in opposition to the buck in early commerce Thursday as world crude oil costs eased and as some overseas banks offered the US foreign money for exporters noting comparatively increased greenback/rupee ranges, sellers … Read more