Rupee back in red! Impact of RBI’s forex boost fades; currency breaches 96 versus dollar on rising crude prices
The renewed US-Iran tensions are driving crude oil prices higher, putting pressure back on the rupee. (AI image) The Indian rupee is back in the red after having appreciated in recent weeks due to Reserve Bank of India’s (RBI) measures and intervention. The currency has given up most of the gains it recorded after the…
