Rupee ends a tad higher as oil slide, foreign inflows lift sentiment (opens original article in a new tab)

The Indian rupee ended slightly higher on Thursday due to falling oil prices and foreign inflows, though concerns remain about potential U.S. rate hikes.

• Indian rupee closed 0.3% higher on Thursday
• Oil prices fell 2% to $72.3, easing concerns about current account deficit
• Foreign portfolio inflows and central bank measures reduced pressure on rupee
• U.S. PCE inflation data expected to show core prices rose 0.3% in May