India, April 8 -- Indian shares skyrocketed on Wednesday as investors cheered the U.S.-Iran ceasefire announcement and evaluated the Reserve Bank of India's latest monetary policy decision.
The dollar weakened in international markets, bond yields dipped and Brent crude prices crashed 14 percent toward $90 a barrel after the U.S. and Iran agreed to a two-week ceasefire to ensure stability in the region's critical energy corridor.
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