Rupee's recovery faces oil, equity outflow test; mixed Iran signals cloud outlook
The Indian rupee's recovery will face a test on Wednesday from choppy oil prices and foreign outflows from the country's equity market, with conflicting signals on a possible Iran de-escalation keeping traders cautious on the currency's ability to hold past the 92-per-dollar mark.
The Indian rupee's recovery will face a test on Wednesday from choppy oil prices and foreign outflows from the country's equity market, with conflicting signals on a possible Iran de-escalation keeping traders cautious on the currency's ability to hold past the 92-per-dollar mark.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
