The Indian rupee reached a five-week high on Monday. Benchmark bond yields fell to their lowest since mid-April. This surge followed news of an initial peace deal in West Asia. Oil prices dropped significantly, easing pressure on India's financial assets. Traders are now optimistic about the rupee's future performance.
The Indian rupee reached a five-week high on Monday. Benchmark bond yields fell to their lowest since mid-April. This surge followed news of an initial peace deal in West Asia. Oil prices dropped significantly, easing pressure on India's financial assets. Traders are now optimistic about the rupee's future performance.
<iframe src="https://hindustansphere.com/embed/cluster/d938b23ccb3acca5cd2a6a21dc5d0fa1b1d7639a" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Rupee also rises to 5-week high on peace deal hopes"></iframe>
