Rupee opens higher at 92.42 amid crude oil surge
after close1 source ↓written by the desknot a recommendation
- at ₹92.42
- 3 paise higher
- hovers near
- $106 per barrel
- since late February
- 40% increase
The Indian rupee opened 3 paise higher at ₹92.42 against the US dollar on 16 March, despite ongoing volatility. This rise comes as Brent crude hovers near $106 per barrel, reflecting a nearly 40% increase since late February due to geopolitical tensions in the Middle East. The situation remains fluid, impacting both oil markets and currency strength.
Not investment advice. For informational purposes only.