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Rising Crude, US Rate-Hike Bets Counter Dollar Inflow Support for Rupee
The Indian rupee has declined approximately 2% from its June high due to rising crude prices and US rate-hike expectations countering dollar inflow support.
Related Signal
Adjacent reporting
- Indian Rupee Leads Asian Peers on Falling Crude, Capital Push
- Pricey Crude May Pressure Indian Rupee, Trigger More Foreign Outflows
- India Rupee Climbs on Oil Relief, Central Bank Valuation Comment
- Rupee May be Tested as RBI Unwinds Bearish Dollar Bets
- RBI Intervenes to Support Rupee as Currency Nears Record Low
- Indian Rupee Rebound Bets Vanish as Soaring Crude Blunts Inflows