The Indian rupee opened weaker against the US dollar on Wednesday. Rising crude oil prices and geopolitical events impacted currency markets. The dollar index strengthened, and Brent crude futures climbed significantly. Domestic stock markets also mirrored this cautious sentiment, opening lower. Foreign institutional investors remained net buyers of equities on Tuesday. The Indian rupee opened weaker against the US dollar on Wednesday. Rising crude oil prices and geopolitical events impacted currency markets. The dollar index strengthened, and Brent crude futures climbed significantly. Domestic stock markets also mirrored this cautious sentiment, opening lower. Foreign institutional investors remained net buyers of equities on Tuesday.
Trending
- Meet Canadian investor Bill Holland: Rich enough to retire at 32, but still works and takes public transport
- ‘No controversy’: Puri on E25 rollout confusion; Gadkari pushes for multi-fuel future
- ‘Bengal becoming UP 2.0’: Mahua Moitra reacts after Baruipur rape-murder accused shot dead
- Germany builds alternative to US Patriot system – all about Diehl’s IRIS‑T SLX
- Watch: PM Starmer and PM Støre swap playful WC jibes before England-Norway clash
- ‘He deserved it’: Baruipur rape accused’s mother disowns body after encounter
- Close call: Air India, AI Express planes come face-to-face at Mumbai airport
- Australia generates so much solar power that it is giving away free electricity to households for 3 hours
Rupee erases previous gains, tumbles 20 paise against US dollar
By
Add A Comment