Rupee gains 2 paise to 91.62 after US allows Indian refiners to buy Russian oil
The Indian Rupee saw a slight gain against the US Dollar. This happened after the United States granted a 30-day waiver. Indian refiners can now buy Russian oil. This decision aims to ease global energy supply pressures. The move comes amid ongoing West Asia conflict. Domestic equity markets faced pressure. Foreign funds also withdrew from Indian markets.
The Indian Rupee saw a slight gain against the US Dollar. This happened after the United States granted a 30-day waiver. Indian refiners can now buy Russian oil. This decision aims to ease global energy supply pressures. The move comes amid ongoing West Asia conflict. Domestic equity markets faced pressure. Foreign funds also withdrew from Indian markets.
