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Oil Prices Falling; Rupee Rising. Is the Worst Behind Us?
Fri, 2 Nov Podcast

In a week full of global uncertainty, we take a close look at the key driver of markets worldwide: Oil.

Crude oil prices have fallen to levels not seen since April this year. Now all eyes are on the US and OPEC nations on how they react to the US sanctions on Iranian Oil - effective from 4 November.

India can stand to benefit a lot from a downtrend in oil prices. And the benefits are already trickling in. In response to falling crude oil prices the Rupee has appreciated over 1%. This bodes well for the import dependent economy.

But global uncertainty is the least of India's concern, with trouble brewing at home. The government and the Central Banker - The Reserve Bank of India are locked in a battle which could weaken the already weak sentiment in the market.

Tune in for more...

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