Rupee Crashes Past 93 Against Dollar for First Time as Oil Surge and West Asia Conflict Rattle Markets
The Indian rupee plunged to an unprecedented low on Friday, breaching the 93-per-dollar mark for the first time amid intensifying geopolitical tensions in West Asia and sustained pressure from rising crude oil prices. The sharp depreciation underscores mounting external vulnerabilities for India, where heavy reliance on imported energy and persistent foreign fund outflows are amplifying … Read more