Rupee may test 94–95 zone soon as geopolitical risks mount: Analysts

Rupee may test 94–95 zone soon as geopolitical risks mount: Analysts

The Indian rupee is facing pressure, nearing the 94/$ mark against the US dollar due to escalating tensions in the Strait of Hormuz and potential oil supply shocks. Traders are closely monitoring crude oil prices and any intervention from the Reserve Bank of …

Mumbai: Currency traders are on edge over whether the rupee will breach the 94-mark against the dollar this week, after US President Donald Trump's ultimatum to Iran to fully reopen the Strait of Hor… [+2773 chars]