Indian rupee opens at 95.02 as US Fed signals hawkishness
NewsBytes | April 30, 2026 4:40 PM CST
Brent nearly $121, $210 million foreign outflows
A mix of things: global oil prices are up (Brent crude is nearly $121 a barrel), which means India needs more dollars to pay for imports.
Plus, foreign investors have pulled more than $210 million out of Indian stocks in just one day, looking for safer bets elsewhere.
All this has made the rupee's recent gains vanish pretty quickly.
READ NEXT
-
Upcoming Smartphones: Hold On Before Buying a New Phone! These Powerful 5G Smartphones Are Arriving in May..
-
Smart Tips: Is Your AC Breaking Down Frequently? Find Out Whether to Replace It or Get It Repaired..
-
Tech Update: Have OnePlus and Realme Merged? Announcement to Boost Sales and Service by Up to 50%..
-
What is Apple's new Siri Mode? The feature that will transform the way you search on the iPhone..
-
ICC Releases Annual Test Rankings Update: India's Position Revealed
