Finance
DoggfatherTrump Hits Pause, Rupee Takes a Dive, Yields Chill Out
Yo, check it! Bond yields eased down 4 basis points after Trump said, 'Let’s chill for five days on them strikes.' The rupee’s takin’ a hit, sittin’ at 93.97, but if things cool down, it might just bounce back, ya feel me? Traders say the RBI’s holdin' the line, keepin' it from slippin' further. Oil prices dipped too, settlin’ around $101 a barrel. Stay tuned, g.
few days ago | Anjali Kumari
Quick rundown
1.US postpones strikes on Iran, easing market tensions.
2.Rupee hits all-time low against the dollar amid West Asia tensions.
3.RBI intervenes to prevent rupee from breaching 94 per dollar.
4.Crude oil prices soften after US-Iran truce announcement.
5.Geopolitical risks and oil prices keep rupee volatile.
