CrudeOil

Rupee Hits Historic Low at 96.20 Against Dollar Amid Middle East Crisis, Raising Economic Concerns

The Indian rupee plunged to a record low of ₹96.20 against the US dollar amid escalating Middle East tensions and rising crude oil prices. The sharp depreciation has raised concerns over India’s inflation, trade deficit, and economic growth. RBI has stepped in to stabilize the currency as stock markets witnessed heavy selling pressure across Dalal Street.