New Delhi, April 30 -- The Indian rupee extended its losing streak on Wednesday, breaching the crucial 95 mark against the US dollar, weighed down by rising global uncertainties due to US-Iran tensions and surging crude oil prices.
The Indian currency slipped sharply to 95.39 against the dollar around 12:20 pm, compared to its previous close of approximately 94.85, reflecting mounting pressure in the forex market.
Market sentiment remained fragile amid the uncertain outcome of ongoing peace talks between the United States and Iran, with no clear resolution in sight.
On Thursday, the stock market also witnessed a fall with Sensex and Nifty both fell by more than 1pc till 12:00 pm. Sensex came at 76,639.47 after falling by 856.89 points, a...