Softer inflation gives RBI more tolerance on imported price increase due to weaker rupee: Analyst

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  Posted by Two Blokes Jun 25 - Filed in General - #TwoBlokesTrading  - 3 views
  
  Dhiraj Nim from ANZ notes that while the recent rise in global oil prices pose downside risks for the rupee, the "shaky" ceasefire between Iran and Israel has helped stabilize investor sentiment and improved near-term outlook for the currency.