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The rupee rose past 70 per dollar for the first time in three months, closing at 69.85 on a third straight daily gain. It is about 6% stronger than its record low of 74.48 hit on October 11, and crude is down nearly a third from its four-year high of $86 a barrel.
The rupee's rebound is driven mainly by falling oil prices on oversupply concerns, which eases India's fiscal and current account pressures. Continued crude weakness would keep the currency supported.
livemint.comStaff Writer1 Des 2018Belum cukup peristiwa historis yang sebanding untuk analisis historis.
Setelah 312 peristiwa makro bearish sebelumnya, Minyak Mentah (Brent) bergerak median -1,7% selama 5 sesi (38% lebih tinggi; separuh tengah -5,4% sampai +2,3%), dan -1,7% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
