Rupee at weakest in 18 months on high oil prices
Rupee at weakest in 18 months on high oil prices
High oil prices will stoke inflation and widen the country's current account deficit, adding to more selling pressure on the fragile rupee that risks destabilising the broader economy. India imports more than two-thirds of its crude requirements.
from Times of India https://ift.tt/2lDUTac
via Blogger https://ift.tt/2Kscf4C
June 27, 2018 at 03:45PM
High oil prices will stoke inflation and widen the country's current account deficit, adding to more selling pressure on the fragile rupee that risks destabilising the broader economy. India imports more than two-thirds of its crude requirements.
from Times of India https://ift.tt/2lDUTac
via Blogger https://ift.tt/2Kscf4C
June 27, 2018 at 03:45PM
No comments