Rupee steadies as oil prices exceed $90
pre-market1 source ↓written by the desknot a recommendation
- the day
- 95.5-95.78
- in July
- 5.1%
The rupee steadied as oil prices surged past $90 following the lapse of the U.S.-Iran ceasefire. The USDINR trading range for the day is 95.5-95.78. Additionally, RBI's intervention helped contain losses amid rising geopolitical tensions. India's unemployment rate fell to 5.1% in July, signaling a slight economic improvement.
Not investment advice. For informational purposes only.