Rupee slips as fragile Mideast truce dents stocks, bonds

The rupee experienced a modest decline as escalating tensions between the U.S. and Iran pushed oil prices higher, negatively impacting local stocks and bonds. Regional markets also faced pressure amid renewed conflict in the Middle East, threatening the fragile ceasefire. Elevated energy prices and weak capital inflows continue to weigh on the rupee.

from Markets-Economic Times https://ift.tt/Y9ZWi7j
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