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US-Iran war: Will rupee hit 100 versus US dollar soon?
At a time when the rupee is touching all-time lows every day, the lyrics from a Bollywood movie are ringing true: “…the whole thing is that ki bhaiya, sabse bada rupaiya”. Because in the current scenario of US-Iran war and geopolitical turmoil, for India the biggest headache and nightmare is emerging in the form of rupee’s free fall versus the US dollar.
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thehindubusinessline.com
Rupee falls 18 paise to 96.38 against US dollar in early trade
The rupee opened with a negative bias amid a strong dollar and rising US treasury yields and depreciated 18 paise to 96.38 against the US dollar as market sentiments continue to…
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economictimes.indiatimes.com
Rupee plunges for eighth straight session, breaches 96.60 vs USD on rising crude, US yields
The Indian rupee has reached a historic low against the US dollar. This decline is driven by escalating oil prices due to the Iran conflict and higher US Treasury yields. India's…
