#us-iran-tensions
Rupee slides past 95.43/$ as economic worries mount on renewed US-Iran tensions
State-run banks were spotted offering dollars near the rupee’s record low, which traders said were most likely on behalf of RBI and intended to prevent the currency from falling to the key psychological level of 95.50
Rupee hits record low at 95.23 vs USD as economic worries mount on renewed US-Iran tensions
The rupee reached a historic low against the dollar on Tuesday. This decline is linked to renewed tensions in the Middle East and escalating oil prices. The Reserve Bank of India is exploring measures to strengthen the rupee. Other Asian currencies also faced…