Rupee weakens amid geopolitical tensions and rising oil prices
after close1 source ↓written by the desknot a recommendation
- is noted
- ₹92.40
The Indian rupee has depreciated against the US dollar, driven by intensified geopolitical tensions and higher crude oil prices. This has led to tight dollar liquidity and capital outflows from equity and debt markets. While the central bank's dollar supplies have limited losses, firm demand from importers continues to pressure the currency. Key resistance is noted at ₹92.40.
Not investment advice. For informational purposes only.