India's economy faces pressure as oil hits $100
after close1 source ↓written by the desknot a recommendation
- a barrel
- $100
- rose
- 10-year bond yield
- rose
- 3 basis points
- 6.96%
- the rupee fell
- 31 paise
Escalating geopolitical tensions have pushed Brent crude prices above $100 a barrel, impacting India's financial landscape. The 10-year bond yield rose 3 basis points to 6.96%, while the rupee fell 31 paise to ₹94.58 against the dollar, reversing a two-day gain. This highlights the vulnerability of India's economy to external energy shocks.
Not investment advice. For informational purposes only.