CPI data – Page 3 – Market-Tracker

Crude oil prices decline due to a strong dollar and persistent inflation.

Crude oil prices decline due to a strong dollar and persistent inflation.

guna@fastura.com2 years ago03 mins

Early Friday morning Asian trading saw a minor decline in oil prices as hopes that a U.S. debt default will be avoided were weighed against persistent inflation statistics that might signal future interest rate increases from central banks around the world. Brent futures were down 2 cents at $75.84 per barrel on today morning. West…

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Rupee falls to a low of 82.04 on OMC dollar demand.

Rupee falls to a low of 82.04 on OMC dollar demand.

guna@fastura.com2 years ago02 mins

Due to the dollar’s appreciation against other major currencies and persistent demand for the dollar from public sector banks acting on behalf of customers of oil marketing companies, the rupee (INR) fell on Tuesday, breaching the critical 82 level. The Indian rupee, which hit a two-week low, decreased 24 paise from the previous close of…

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