The local note eases to 3.9695/3.9960 as risk aversion among traders tends to trigger safe-haven demand.
Business
A barrel of West Texas Intermediate for May delivery rose to US$104.50, while June delivery of international benchmark Brent rose 7% to US$102.
The shipping restriction comes despite a ceasefire agreed to pause the war until April 22 as talks fail over Iran’s nuclear stance.
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A letter sent in January surfaced only at last Thursday’s meeting, prompting questions over delays, limited disclosure and missed chances for earlier action.
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