Rupee snaps losing streak as oil eases; yields stay >7%
Rupee sentiment may stay in focus as easing crude supports the currency, while RBI intervention and global rate expectations continue to influence moves; India bond yields remain above 7%.
The rupee could stay in focus in the coming sessions as crude oil moves, Reserve Bank of India intervention and global interest rate expectations continue to shape sentiment. Easing oil prices have offered some relief to the currency, while elevated bond yields…