Lower oil prices to counter Omicron fears; yet rupee to remain subdued - Shahpur Turk CSC - Common Service Centre in Sonipat Lower oil prices to counter Omicron fears; yet rupee to remain subdued

04 December 2021

Lower oil prices to counter Omicron fears; yet rupee to remain subdued

Lower oil prices to counter Omicron fears; yet rupee to remain subdued












Lower oil prices to counter Omicron fears; yet rupee to remain subdued



Concerns over new Covid-19 variant Omicron, as well as continued foreign fund outflows, will keep Indian rupee subdued during the upcoming week. Rising trade deficit along with fears of US tapering measures are likely to hamper any appreciation move. However, the downside will be capped by lower oil prices.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News Lower oil prices to counter Omicron fears; yet rupee to remain subdued
via IFTTT

No comments:

Post a Comment

ONGC, Oil India in talks for 50% stake in $3.4 billion Kenya oilfield, Chinese firm enters fray

India's flagship overseas oil firm ONGC Videsh has got a new partner in Oil India Ltd to replace a reluctant IndianOil (IOC) for the pot...

ShahpurTurkCSC