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Forex traders said global risk sentiments deteriorated as the stalemate between the US and Iran continued; falling risk assets and a surge in crude oil prices may continue to pressurise the rupee.
Elias Haddad at Brown Brothers Harriman argues the Dollar can keep benefiting from widening US-G6 rate differentials and higher US real yields.
Oil appreciates firmly on Monday, following US President Donald Trump's refusal of Tehran’s latest proposal to cease hostilities and reopen the Strait of Hormuz.
Manufacturing set a record by growing at 8% or more in the past three consecutive months.
Manufacturing set a record by growing at 8% or more in the past three consecutive months.
