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Rupee Drops 39 Paise to All-Time Low of 95.23 vs US Dollar: Oil Prices Near USD 110, Markets Volatile

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Rupee Drops 39 Paise to All-Time Low of 95.23 vs US Dollar: Oil Prices Near USD 110, Markets Volatile

In Mumbai, the Indian rupee fell by 39 paise to close at an all-time low of 95.23 against the US dollar on Monday, amid ongoing Middle East tensions impacting global markets. Rising oil prices, hovering near USD 110 per barrel, and fears of inflation and economic slowdown have put pressure on the currency. The rupee movement remains under pressure and…

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