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Commodities & currencyCNBC-TV18

Rupee holds at 94.04 against dollar amid oil and yield pressure

Negative-3

GreyOak summary

The Indian rupee opened flat at 94.04 against the US dollar on November 13. Rising Brent crude prices to $96 and US 10-year Treasury yields above 5% pressured the currency.

What it affects

  • USD/INRNegative -3

    Rupee opened flat at 94.04 against dollarRolling sentiment Positive +30

  • Brent crudeNegative -3

    Brent crude climbed to around $96 per barrelRolling sentiment Neutral +11

Source

Read the original at CNBC-TV18

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