The Reserve Bank of India likely intervened to stabilize the rupee as Brent crude oil prices rose 1.2% to $106.9 per barrel, prompting dollar sales by state-run banks to curb volatility.
The Indian rupee faces further decline as Brent crude surges near $110 per barrel and U.S. Treasury yields rise, prompting the Reserve Bank of India to limit aggressive currency support amidst heavy o
The Indian rupee faces pressure from surging oil prices and US Treasury yields despite Reserve Bank of India intervention. Brent crude climbed to $95.50 per barrel amid Middle East tensions, challengi
The Indian rupee faces depreciation pressure as Brent crude approaches $92 per barrel amid Strait of Hormuz tensions, prompting expectations of Reserve Bank of India intervention to stabilize the curr
India attracted over $40 billion in overseas capital to stabilize the rupee amid rising crude oil prices, with the RBI intervening to defend the currency against geopolitical pressures.
The Indian central bank likely intervened in the forex market to curb the rupee's decline as Middle East tensions drove Brent crude prices up to nearly $97 per barrel.
India's rupee weakens amid energy price shocks from the Iran war and US tariffs, prompting RBI interventions despite structural economic challenges. The decline raises import costs for essential commo
India's rupee gained ground as Brent crude dropped below $100 per barrel and the central bank governor signaled potential undervaluation. The RBI is weighing stabilization measures, including rate hik
The Indian rupee is expected to rise after a nine-day decline, supported by falling Brent crude prices and stabilizing U.S. Treasury yields. The Reserve Bank of India also announced a $5 billion dolla
Indian stock markets declined as Brent crude surged 4.1% to $105.5 amid US-Iran tensions, prompting Prime Minister Modi to urge reduced fuel consumption and gold purchases, impacting oil marketing and
India's Reserve Bank faces pressure defending the rupee amid stalled capital inflows and elevated oil prices driven by geopolitical tensions. Analysts forecast further currency weakness, with Brent cr
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