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Rupee Gains 4 Paise To 95.40 Against US Dollar As Brent Prices Ease
Brent crude fell 0.41% to $87.48 a barrel, easing pressure on the currency as foreign exchange inflows and RBI support also helped.
Summary by Deccan Chronicle
3 Articles
3 Articles
Rupee opens 3 paise lower at 95.44 against US dollar
The Indian rupee opened lower at ₹95.44 against the dollar due to decreased crude oil prices and RBI interventions, despite pressures from potential Federal Reserve rate hikes. Brent crude eased to $86.30 per barrel, influencing market stability and expectations for foreign exchange inflows.
Coverage Details
Total News Sources3
Leaning Left0Leaning Right2Center1Last Updated67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
C 33%
R 67%
Factuality
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