MUSCAT : The Indian rupee ended the day 34 paise weaker at 96.59 against the US dollar, extending losses as higher oil prices and increased demand for safe-haven assets weighed on investor sentiment.
The rupee had opened lower in early trading before remaining under pressure throughout the session, with analysts attributing the weakness to renewed concerns over global energy supplies.
Currency exchange rates may vary slightly between banks and exchange houses depending on market conditions and applicable service charges.
For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Read More
- His Majesty Sultan Haitham returns home after Kazakhstan visit
- His Majesty Sultan Haitham concludes state visit to Kazakhstan
- Oman, Kazakhstan seal $150 million fund and energy deals during His Majesty’s visit
- India condemns attack on commercial vessel off Oman, 12 crew injured
- Oman and India renew maritime security pact to safeguard navigation routes
