Rupee to open in 94.25-94.30 range on falling oil prices
The Indian rupee is expected to open firmer in the 94.25-94.30 range.
This is due to Brent crude sliding below pre-Iran war levels, with the Reserve Bank of India likely to support the currency.
Brent crude fell more than 4% on Wednesday and dropped a further 2% in Asian trading to $72.28, down over 10% for the week and 21% for the month.