From DT Next
Center Owned by Daily Thanthi GroupRupee falls 9 paise to 94.55 against US dollar in early trade
What's behind this
Brent slid nearly 8.6% as traders bet on an end to the Iran war after Republican midterm losses, and the resulting slump in crude oil prompted expectations that US gasoline prices could ease. The midterm election outcomes have raised hopes that the electoral setback may pressure a de‑escalation of the conflict, potentially bringing relief to American motorists.
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center · 1 outlet
MUMBAI: The rupee depreciated 9 paise to 94.55 against the US dollar in early trade on Thursday pressured by the broad strength of the American currency in the overseas market. Forex traders said a positive domestic market and softening of crude oil prices cushioned the downside. At the interbank…
— DT Next
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right · 1 outlet
Forex traders said a positive domestic market and softening of crude oil prices cushioned the downside.
RSS excerpt
MUMBAI: The rupee depreciated 9 paise to 94.55 against the US dollar in early trade on Thursday pressured by the broad strength of the American currency in the overseas market. Forex traders said a positive domestic market and softening of crude oil prices cushioned the downside. At the interbank…