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Rupee logs 3rd straight gain, soars 35 paise to 2-week high on crude comfort

Updated : May 28, 2018 07:34 PM IST

The domestic currency market heaved a sigh of relief following a significant easing in crude prices that will lead to considerable improvement in India's position on fiscal front, bolstering investor confidence towards the home currency.
The domestic currency market heaved a sigh of relief following a significant easing in crude prices that will lead to considerable improvement in India's position on fiscal front, bolstering investor confidence towards the home currency.
Global crude oil collapsed after Saudi energy minister Khalid al-Falih endorsed prior comments from his Russian counterparts calling for self-imposed output curbs to be relaxed, perhaps as soon as June.
Rupee logs 3rd straight gain, soars 35 paise to 2-week high on crude comfort

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