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Rupee Falls 13 Paise to 95.56 Against U.S. Dollar in Early Trade
Rising crude prices and a stronger dollar pushed the rupee lower, while traders said the Reserve Bank of India was intervening to slow losses.
Summary by The Hindu
4 Articles
4 Articles
Rupee Slips to 95.56 as Oil Prices and Fed Rate Bets Lift Dollar
Mumbai, Aug 31: The Indian rupee opened on a softer note against the US dollar on Monday, pressured by higher crude oil prices, renewed geopolitical concerns and growing expectations of a US Federal Reserve rate [...] The post Rupee Slips to 95.56 as Oil Prices and Fed Rate Bets Lift Dollar appeared first on Business News This Week.
Coverage Details
Total News Sources4
Leaning Left1Leaning Right2Center0Last Updated67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
L 33%
R 67%
Factuality
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