Source: Reuters (via feed)
The Indian rupee is likely to remain under pressure on Friday. Concerns are present that oil prices may stay higher for longer. This has kept market sentiment fragile. The central bank is seen smoothing the rupee’s downside.
BizTrendWire Insight:
The rupee’s pressure is linked to oil price concerns and ongoing central bank actions. These factors relate directly to currency movements.
The rupee’s pressure is linked to oil price concerns and ongoing central bank actions. These factors relate directly to currency movements.
