Rupee depreciated to 91.32 against the US dollar amid escalating Middle East tensions and global market volatility. Negative equity sentiment and significant foreign fund outflows further pressured the currency. Rising crude oil prices, driven by recent strikes in Iran, also contributed to market concerns, impacting India’s import bill. Rupee depreciated to 91.32 against the US dollar amid escalating Middle East tensions and global market volatility. Negative equity sentiment and significant foreign fund outflows further pressured the currency. Rising crude oil prices, driven by recent strikes in Iran, also contributed to market concerns, impacting India’s import bill.
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Rupee falls to 91.32 against US dollar amid Middle East tensions
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