Rupee, Bonds Steady as Oil Retreats, but Hormuz Disruption and Iran Deadline Keep India on Edge

India’s currency and bond markets are entering the week with a measure of relief from softer oil prices, but the underlying picture remains fragile as disruption in the Strait of Hormuz persists and a ceasefire deadline between Washington and Tehran approaches. The Indian rupee closed at 92.9250 per dollar on Friday, down modestly on the […] The post Rupee, Bonds Steady as Oil Retreats, but Hormuz Disruption and Iran Deadline Keep India on Edge appeared first on Tekedia.

Rupee, Bonds Steady as Oil Retreats, but Hormuz Disruption and Iran Deadline Keep India on Edge

India’s currency and bond markets are entering the week with a measure of relief from softer oil prices, but the underlying picture remains fragile as disruption in the Strait of Hormuz persists and a ceasefire deadline between Washington and Tehran approaches. The Indian rupee closed at 92.9250 per dollar on Friday, down modestly on the […]

The post Rupee, Bonds Steady as Oil Retreats, but Hormuz Disruption and Iran Deadline Keep India on Edge appeared first on Tekedia.

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