This decline was influenced by the unwinding of carry trades and high local dollar demand. Central bank interventions helped limit the currency’s losses, with the rupee expected to remain under pressure.
Crude oil price: Brent crude futures fell 81 cents, or 0.88%, to drop below $92 a barrel. US West Texas Intermediate (WTI) crude futures slipped
Oil prices fell due to President Trump’s announcement regarding US military action against Iran, easing supply concerns. Brent crude futures dropped to $92.33 per barrel
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