Neutral impactStocks
Rupee snaps seven-session losing streak as oil prices ease; bond yields stay above 7%
CNBC-TV18 1 hr ago·18 Sept 2026, 7:54 am
The rupee recovered after seven straight sessions of losses as oil prices declined for a third day and traders reported RBI intervention in the currency market. However, India's 10-year bond yield remains above 7% amid higher global yields and uncertainty over interest rates. Can the rupee extend its gains if crude prices remain above $100 a barrel?
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