The Indian rupee held steady as tensions between Iran and the US eased, with traders anticipating a clearer market direction. Currently trading around 94.3675 against the dollar, the rupee has found support from falling oil prices and policy measures. The central bank appears keen to prevent further weakening beyond 95, while importer demand caps gains near 94.
The Indian rupee held steady, trading around 94.3675 against the dollar, as geopolitical tensions between Iran and the US eased. Traders are now awaiting a clear directional trend for the currency. Support comes from falling oil prices and central bank measures, with the RBI…
Market Samachar is a news aggregator. This article was originally published by Markets-Economic Times. Tap the button above to read the full story on their site.