MUMBAI — The Indian rupee is set to weaken at Tuesday’s open, with a possible slide to a lifetime low against the U.S. dollar, on concerns that the fragile U.S.-Iran ceasefire may be fraying, keeping oil prices high and the currency under pressure. The rupee is expected to open at 95.45–95.55, traders said, after sliding […]
MUMBAI — The rupee breached its seven-day gaining streak and depreciated 4 paise to 83.05 against the US dollar in early trade on Friday as foreign investors rushed to withdraw funds amid a sharp rise in crude oil prices. Despite a weak American currency and surging equity markets, overall sentiment was dented after the US […]