Rupee hits one-month low as Iran-US escalation drives oil to $80

Buzz line3 hours ago05 mins

MUMBAI: The Indian rupee opened weaker and fell to a one-month low on Monday after a sharp escalation in the Iran-US conflict over the weekend pushed global crude oil prices higher and triggered a risk-off mood across emerging markets. The rupee opened 25 paise lower at 91.2462 per dollar and slipped to an intraday low…

Rupee falls 7 paise to settle at record low of 90.97 against US dollar

Buzz line1 month ago03 mins

The rupee depreciated 7 paise to close at a record low of 90.97 (provisional) against the US dollar on Tuesday, as strong dollar demand from metal importers and persistent foreign fund outflows dented investor sentiment. Forex traders said rising geopolitical uncertainties, including renewed US expansionary signals, have increased risk aversion and kept emerging market currencies…

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Rupee hits one-month low as Iran-US escalation drives oil to $80

Rupee falls 7 paise to settle at record low of 90.97 against US dollar