Rupee Strength: Energy Costs Drop to Pre-War Lows
The rupee is set to open in the 94.25-94.30 range as oil drops below pre-war levels, defying regional trends.
The rupee is set to open in the 94.25-94.30 range as oil drops below pre-war levels, defying regional trends.
Brent crude's 9% weekly drop aids the Euro, yet ECB division and a 4.1% US PCE print keep the dollar's structural bid intact.