Depreciation Risk Rises For Rupee, As Oil Prices Soar ...Middle East

Mumbai: Rising crude oil prices along with widening trade deficit has elevated the depreciation risk level for the Indian rupee during the upcoming week. Accordingly, other factors like failure of Brexit talks as well as changes in US Fed’s stand might the downside risks. “We expect the rupee to trade strong till the time equity flows … The post Depreciation Risk Rises For Rupee, As Oil Prices Soar appeared first on Ommcom News.

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