Rupee Remains Stable Despite Dollar Demand from Oil Firms and Decrease in US Bond Yields
Thursday, 18 July 2024, 07:50
Rupee Steady Amid Dollar Demand
The Rupee maintains its stability amidst prevalent dollar demand from oil firms.
Limiting Factors and Market Dynamics
Key Points:
- Demand for Dollar from oil companies
- Decline in US bond yields
Despite these challenges, the Rupee holds firm, showcasing its resilience in the market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.