Rupee Opens Near 92.60 as Iran Ceasefire Doubts Lift Oil
The Indian rupee opened near 92.60 as doubts over the Iran ceasefire lifted oil prices. Shippers await clarity on the Strait of Hormuz before resuming transit.
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Xurve View
The India rupee is expected to open with a cautious tone on Thursday as market participants weigh the stability of a ceasefire involving Iran. Skepticism regarding the restoration of oil flows through the Strait of Hormuz has led to a slight recovery in energy prices, tempering the previous session's optimism.
