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Rupee hits record low of 92.41 against dollar as West Asia conflict sparks oil surge

Buzz line2 months ago06 mins

MUMBAI: The Indian rupee tumbled to a record low of 92.41 against the US dollar on Wednesday, battered by a sharp rise in crude oil prices and a surge in safe-haven demand for the greenback as hostilities intensified in West Asia. The rupee had breached the crucial 92 mark at open, compared with its previous…

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