Rupee Flat Amid Geopolitical Tensions, Oil Prices Rise

  Published 9 months ago

Indian rupee stays near flat as geopolitical tensions and oil price hikes offset early portfolio inflows.

  • Foreign banks sold dollars initially, but corporate demand curbed rupee gains.
  • Asian currencies remain rangebound; dollar index drops slightly amid Middle East conflict.
  • Brent crude rises 0.8% as India monitors oil supply amid heightened regional tensions.

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