Rupee Rebounds 45 Paise to 91.60 Against US Dollar Amid Mideast Tensions

• Rupee gains 45 paise to 91.60 against US dollar in early trade on March 5, Thursday, recovering from an all-time low of 92.05.
• Recovery attributed to a pullback in the dollar and tentative signs of improved risk sentiment, despite ongoing Middle East war concerns.
• Previous session saw rupee slump 56 paise to 92.05 due to spiking crude oil prices following the Iran crisis.
• Bankers warn rupee remains sensitive to crude oil moves; RBI intervention expected after 1.3% drop in two days.
• Brent crude climbed nearly 3% to $84 a barrel, up 15% this week, fueled by concerns over Strait of Hormuz closure and US-Iran conflict escalation.