The Indian Rupee slipped to a two-month low near 96.4450 against the dollar, pressured by high crude oil prices, with Brent briefly topping $91. Market sentiment remains bearish despite over $20 billion in capital inflows following RBI measures. Geopolitical tensions, including Houthi threats to Saudi Arabia, are fueling oil price concerns. Sustained high crude oil prices could contribute to global inflationary pressures and potentially strengthen the US dollar, impacting international gold prices and USD/PKR stability.
بحوالہ / Source: www.brecorder.com