Markets · 1 sources covering this

Rupee soothed by intervention, surge in forward premiums tipped to cool

The Indian rupee strengthened slightly against the dollar as oil prices declined and the central bank intervened. Oil prices fell about 2%, remaining above $100 per barrel amid ongoing geopolitical tensions. Higher bond yields have pressured emerging market currencies, including the rupee, with India's stock index experiencing a losing streak. The Reserve Bank of India has employed various measures to stabilize the currency amid these pressures.

Share:WhatsApp X Reddit Facebook LinkedIn

Coverage spectrum

0 L · 0 C · 1 R

How 1 sources are covering this

Economic TimesLean R·1h ago
Rupee soothed by intervention, surge in forward premiums tipped to cool
The Indian rupee strengthened slightly against the dollar as oil prices declined and the central bank intervened. Oil prices fell about 2%, remaining above $100 per barrel amid ongoing geopolitical tensions. Higher bond yields have pressured emerging market currencies, including the rupee, with India's stock index experiencing a losing streak. The Reserve Bank of India has employed various measures to stabilize the currency amid these pressures.
Read at Economic Times →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/d548ebc3728af34e7a0d6ab183e74a2cb2ca7dae"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Rupee soothed by intervention, surge in forward premiums tipped to cool"></iframe>

Rupee soothed by intervention, surge in forward premiums tipped to cool

How 1 sources are covering this

Rupee soothed by intervention, surge in forward premiums tipped to cool

More from Markets

Four-day upper circuit streak drives this small-cap stock up 74%; here’s the key trigger behind the jump

Global Market: Airbus shares fall after quality flaw found in hundreds of A321neo jets

Explained: What really drives the rupee? Decoding the forces behind currency moves

Upcoming dividend stocks: SAIL, IGL, NMDC among 3 PSU stocks with record dates ahead- Check yield, ROE, stock return

Reader

Trust & legal

Across the network