The Indian rupee and government bonds may weaken this week. This follows a United States strike on Iran. Concerns rise about higher oil prices and conflict. The rupee closed at 86.5850 against the U.S. dollar on Friday. Analysts anticipate oil prices to increase by $3 to $5 per barrel. The Reserve Bank of India may intervene to curb volatility.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets