Indian Rupee Opens Weaker as Crude Oil Surge Sparks Import Cost Concerns
The Indian rupee opened lower against the US dollar on Thursday as a sharp rise in global crude oil prices triggered fresh concerns about India’s import costs and external balance.The domestic currency began the session...
crude oil prices
currencyintervention
external balance
foreign exchange market
import bill
indian rupee
oil market volatility
persian gulf
reserve bank of india
trade deficit
us dollar
