Rupee rises to 95.37 against USD, driven by declining oil prices and hopes for an Iran peace deal. Record inward remittances of USD 110.47 billion in FY26 offer some relief, but long-term stability requires consistent foreign capital. Analysts urge caution amid geopolitical tensions.
Rupee rises to 95.37 against USD, driven by declining oil prices and hopes for an Iran peace deal. Record inward remittances of USD 110.47 billion in FY26 offer some relief, but long-term stability requires consistent foreign capital. Analysts urge caution amid geopolitical tensions.
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