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US Pullout From Iran Deal Sends Rupee To Fresh 15-Month Low Vs US Dollar
Rupee has fallen over 5 per cent against US dollar so far this year Rising crude prices and US bond yields hurting rupee: Analysts US pullout from Iran deal pushed global oil prices higher
09 May 2018, 05:20 PM IST 
Dollar-rupee pair could trade in the range of 67.23-67.55 in the near term: IFA Global
Iran, the third-biggest producer among the Organization of the Petroleum Exporting Countries (OPEC), produces about 3.8 million barrels per day (bpd), or about 4.0 per cent of the world's oil supplies.
Following the US announcement, crude oil prices on Wednesday jumped back to near over 3-year highs. Brent crude futures jumped as much as 2.5 per cent to $76.75.
Emerging stock, bond markets and currency markets, which have been un...
