Rupee falls to 94.86 per USD as modest inflows, oil prices retreat
The Indian Rupee traded within a tight band today. Modest dollar inflows and falling oil prices provided support. However, importers actively buying dollars kept the Rupee under pressure. Oil prices eased after US President Donald Trump indicated assistance for ships in the Strait of Hormuz. Asian currencies showed mixed movements. Investors are watching earnings and economic data this week.
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