The local currency peaked to 86.282/$1 during the day after US president Donald Trump refrained from imposing tariffs on his first day in office. The rupee, however, gave up its gains after Trump said he was thinking about imposing tariffs on Canada and Mexico.
Oil Price Today (May 25): Crude oil hits 2-week low as US-Iran peace deal moves closer. Is the worst behind?
Oil prices dipped to two-week lows as U.S.-Iran peace talks showed progress, potentially reopening the vital Strait of Hormuz. Despite optimism, significant hurdles remain, with