Rupee hits record low of 95.55 as fraying US-Iran ceasefire keeps oil prices on the boil



[

The rupee fell to its weakest level on record ‌on ⁠Tuesday as ⁠investors fretted over a fraying ceasefire in the Middle East, which sparked ⁠a fresh ‌rise in oil prices, deepening ⁠worries over the economic hit to a net energy-importing economy.

The rupee fell to 95.55 per ‌dollar, down 0.2% from its previous close ⁠and eclipsing its previous all-time low of 95.4325 hit last week.

More to come…..

https://img.etimg.com/thumb/msid-131027741,width-1200,height-630,imgsize-86398,overlay-etmarkets/articleshow.jpg
https://economictimes.indiatimes.com/markets/forex/forex-news/rupee-hits-record-low-of-95-55-as-fraying-us-iran-ceasefire-keeps-oil-prices-on-the-boil/articleshow/131027709.cms

Latest articles

spot_imgspot_img

Related articles

spot_imgspot_img