
Rupee hits six-week high of 94.49 on Jio IPO inflows and RBI steps
The currency has recovered more than 2% from near-record lows earlier this month.
Gold, silver, crude oil, metals, the dollar and the rupee, and what each move means for India.

The currency has recovered more than 2% from near-record lows earlier this month.

Foreign money coming in for India's biggest IPO helped the rupee, even with Brent above $110.

Higher oil revives inflation worries and keeps US rate-hike fears alive, pressuring precious metals.

Global gold slipped as US yields stayed above 5%, but Indian shop rates edged up after the Dussehra break.

Oil hit a five-month high on tanker attacks before easing, and it was rising again in early Asian trade.

A softer dollar overnight helps, but steady foreign selling and costly oil keep the rupee near 95.

Silver outshines gold as the gold-silver ratio drops below 72; festive buyers face near-record prices.

The dollar index firms near 102 while the yen hits 158.5, a sign of broad dollar strength.

Brent near $108 keeps pressure on India's import bill and the rupee.