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Currency woes deepen as oil fears drive rupee to historic lows

The Indian Rupee hit a new low of 93.97 against the US Dollar on Monday. Rising crude oil prices and global tensions are weakening the currency. The Reserve Bank of India intervened to prevent a sharper fall. Analysts expect further volatility. Asian currencies also saw declines amid a global risk-off sentiment.

Source :- Markets-Economic Times Read More

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