New Delhi, March 21 -- The Indian rupee fell to a record low, breaching the 93-per-dollar mark for the first time, amid escalating geopolitical tensions in West Asia and rising crude oil prices that have intensified pressure on the currency.
The rupee touched an all-time low of 93.77 before closing at 93.72 against the US dollar on Friday, marking a sharp fall of over 100 paise from Tuesday's close of 92.64, its steepest intraday decline in more than four years, reported The Indian Express.
The depreciation follows heightened conflict in West Asia, particularly after attacks on key energy infrastructure, including the South Pars gas field and facilities in Ras Laffan Industrial City. These developments have raised concerns over global e...
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