The Indian rupee experienced its steepest weekly fall since September 2022. This decline occurred as oil prices surged amid concerns about a U.S.-Iran ceasefire and energy flow disruptions. Global markets faced uncertainty with fears of renewed Middle East military escalation. … Read More
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Indian rupee's valuation sinks to over-a-decade low, bruised by Iran war, portfolio outflows
The Indian rupee’s value against major currencies has fallen to its lowest in over a decade. This decline is driven by rising crude oil prices and significant foreign investment leaving India. Analysts suggest the rupee will remain under pressure in … Read More