Rupee Stability and Lower Crude Prices Improve FII Sentiment Towards India

Rupee climbs to near one-month peak on lower crude oil prices

The Indian rupee surged to a near one-month high on Monday as crude oil prices fell by up to 7 per cent to below the $80-a-barrel mark amid hopes of a deal to end the Iran conflict, while strong foreign inflows further supported the currency. 3 days ago