The rupee traded within a narrow range against the US dollar in early trade on Wednesday after support from positive domestic equities was offset by month-end dollar demand. Forex traders said the major factors affecting the rupee are geopolitical developments. Moreover, the Reserve Bank of India has also intervened on both the buying and selling […]
Oil prices rose more than five percent on Thursday after US President Donald Trump targeted Russia’s key oil industry with new sanctions in a bid to end the war in Ukraine. The international benchmark contract, Brent North Sea crude, rose 5.4 percent, while West Texas Intermediate rose 5.7 percent. Trump on Wednesday announced new sanctions […]