India, April 9 -- The Indian rupee weakened by 17 paise to 92.71 against the US dollar in early trade on Thursday, weighed down by rising geopolitical tensions in West Asia.
Investor sentiment remained cautious amid a fragile ceasefire, with Iran warning it could withdraw from ongoing talks if Israel continues its strikes on Lebanon.
Forex traders said markets are currently in a wait-and-watch mode, with no strong directional cues, as uncertainty persists in the region.
Heightened geopolitical risks, particularly concerns over a potential disruption in the Strait of Hormuz, have kept investors on edge.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....