Thursday, 23 July 2026 · World
USD/EUR 0.8764 USD/GBP 0.7477 USD/JPY 163.1 USD/CNY 6.782 All rates →
RSS
EUROS The World Financial Report
Nº 12 Thursday, 23 July 2026 · World Edition
LATEST
Asia

Rupee likely shielded by RBI intervention as oil surges

Markets-Economic Times · 2h ago · 🇮🇳 India
Rupee likely shielded by RBI intervention as oil surges

The Indian rupee remained largely unchanged on Thursday. Higher oil prices and central bank actions influenced its movement. Global tensions in the Red Sea and strikes on Iran escalated oil prices. These rising energy costs pose a significant risk to India's economy. The rupee's stability depends on continued foreign investment in government debt.

Read the full story at Markets-Economic Times →