Finance
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Believe ItRupee ki dhamakedar comeback, crude se mil gaya boost!
Rupee aur bonds ne Tuesday ko ek zabardast comeback kiya! Kyunki crude oil prices ne giri, sabki khushiyaan wapas aa gayi! Brent crude ka daam ab hai sirf $90/bbl, jabki kal yeh $116.8/bbl tak pahunch gaya tha. Rupee ki value aayi 91.81 per dollar, jab pehle yeh 92.33 tha. Reserve Bank ka bhi kuch magic chala, jo rupee ko sambhal raha hai! Believe it!
few days ago | Anjali Kumari
Quick rundown
1.Rupee bounced back as crude prices fell sharply.
2.Brent crude dropped from $116.8 to around $90 per barrel.
3.Reserve Bank of India possibly intervened to stabilize the rupee.
4.Trump's comments on Iran and oil prices improved risk sentiment.
5.Bond yields eased with RBI's continued liquidity support.
