The Indian rupee rose 0.2% to 96.2350 against the US dollar, benefiting from a decline in crude oil prices and robust capital inflows. The Reserve Bank of India's recent measures attracted $20.72 billion in deposits, with analysts projecting total inflows of $55 billion. This strengthening of a major regional currency against the dollar, partly due to easing oil, might indirectly signal a broader softening of dollar demand or improved emerging market sentiment, potentially influencing gold or USD/PKR rates in Pakistan.
بحوالہ / Source: www.brecorder.com