Commodities & currencyEconomic Times
Rupee slips to 94.24 as crude edges up to $95
Positive+16
GreyOak summary
High inflation data and increasing oil costs pressured the currency despite foreign portfolio investors buying Indian equities. Analysts note 94.30 as a key resistance level.
What it affects
- USD/INRPositive +16
Rupee slipped to 94.24 against the dollar.Rolling sentiment Positive +26
- Brent crudeNegative -16
Oil prices edged up to $95 per barrel.Rolling sentiment Neutral +9
