Rupee likely to strengthen on US-Iran peace deal as oil prices tumble
The Indian rupee is likely to strengthen at Monday's open after a US-Iran peace deal knocked oil prices lower and spurred hopes that dollar inflows will return to Asia's third-largest economy. The rupee is expected to open in the ₹94.80-94.85 per dollar range, per traders, having settled at ₹95.11 on Friday. The rupee is set to surpass the highs it…
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