The Indian rupee surged 67 paise against the dollar on Wednesday, marking its steepest single-day gain in over a month. This appreciation was driven by a significant drop in crude oil prices and positive indications from Iran and the US regarding diplomatic efforts. Stocks also climbed, while bond yields fell below 7%.
Oil prices rise about $1 as investors weigh Middle East peace prospects
Oil prices saw a rebound on Thursday after sharp losses. Investors are closely watching the Middle East peace deal. Even if an agreement is reached,