Commodities & currencyBusiness Standard
Rupee weakens to 94.25/$ as crude prices surge
Positive+29
GreyOak summary
Brent crude reached $95.87 per barrel, pressuring the currency. Meanwhile, India's 10-year bond yield rose to 7.31 percent, and foreign exchange reserves increased by $2.49 billion to $719.547 billion.
What it affects
- USD/INRPositive +29
Rupee fell to 94.25 against the dollar.Rolling sentiment Positive +31
- Brent crudeNegative -29
Brent crude rose to $95.87 per barrel.Rolling sentiment Neutral +11
