Rupee at 100 vs US dollar – Can US-Iran war, surging crude oil prices push domestic unit to three-digit mark next week?

The Indian Rupee hit a new record low on Friday, March 13, dropping to 92.44 against the US Dollar during intra-day trading as rising global oil prices and increasing tensions in West Asia unsettled financial markets. The local currency fell by 19 paise from its prior closing, influenced by a stronger dollar, continuous outflows of…

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