Rupee sinks to record low of 95.39 as fading US-Iran peace hopes amplify economic fears
The Indian rupee slid to a record low on Tuesday after US-Iranian strikes in the Gulf rattled markets, dimming hopes for a resolution and deepening concerns over risks confronting the oil-importing economy. The currency weakened to 95.39 per dollar, down 0.3% on the day, eclipsing its previous all-time low of 95.33 hit on Thursday last week. Oil-sensitive Asian peers such…
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