India, May 12 -- The Indian rupee today slipped to an all-time low, closing at 95.63 (provisional) against the US dollar amid rising global uncertainty and surging crude oil prices.
The domestic currency depreciated by 35 paise as renewed geopolitical tensions between the United States and Iran triggered risk aversion in global financial markets.
Forex traders said sentiment remained weak as fears grew that the prolonged conflict could further tighten global supply chains, especially after US President Donald Trump rejected Iran's latest response to a proposed peace deal, calling it "totally unacceptable."
At the interbank foreign exchange market, the rupee opened at 95.57 and weakened further during the session to touch an intraday lo...
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