FanzizFanziz
HomeFinanceCricketSoccerEntertainmentEsports
Menu
HomeFinanceCricketSoccerEntertainmentEsportsWWETennisHealth

Language

AllQuick ReadsFanzShots

Rupee Roars Back as Crude Prices Plummet to $90

Rupee Roars Back as Crude Prices Plummet to $90

Ladies and gentlemen, the rupee is making a fantastic comeback! Crude prices took a nosedive from a whopping $116 to a mere $90, and guess what? The dollar index is slipping faster than a bad reality show! RBI’s stepping in like a champ to keep things in check. Bonds are shining bright, folks! It’s a tremendous win for everyone. I told you so!

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.

Related articles

  • Rupee Takes a Dive as Crude Oil Hits the High NotesRupee Takes a Dive as Crude Oil Hits the High Notes
  • Rupee's Wild Ride: Dolla Drama Hits 92, RBI to the RescueRupee's Wild Ride: Dolla Drama Hits 92, RBI to the Rescue
  • Rupee Takes a Nosedive—Biggest Drop Since January!Rupee Takes a Nosedive—Biggest Drop Since January!
  • Rupee Wobbles, But India's Reserves Are Absolutely Massive!Rupee Wobbles, But India's Reserves Are Absolutely Massive!
  • Rupee Rises Like a Champion, Oil Prices Take a Dive!Rupee Rises Like a Champion, Oil Prices Take a Dive!

Series

  • Indian Premier League
  • Pakistan Super League
  • South Africa Women tour of New Zealand
  • County Championship Division Two