The Indian rupee rebounded on Thursday, recovering 51 paise to trade at 91.54 against the US dollar after hitting a record low. This recovery follows a significant slump driven by surging crude oil prices linked to the Iran crisis. Traders anticipate continued sensitivity to oil market movements and potential Reserve Bank of India intervention.

Read original article

Leave a Comment

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *