Rupee to stay under pressure; high oil prices spur importer hedging, dampen flows

Rupee to stay under pressure; high oil prices spur importer hedging, dampen flows

Summary

The rupee faces continued pressure due to high oil prices and weak capital inflows, opening between 94.26-94.30.

Description

The rupee faces continued pressure due to high oil prices and weak capital inflows, opening between 94.26-94.30.

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