Rupee feels geopolitical heat, breaches 91 level against $
The Indian rupee dipped to a one-month low against the dollar on Tuesday, closing at 90.98. This marks the fifth consecutive session of weakening, fueled by escalating geopolitical tensions and a downturn in domestic equity markets. Despite efforts to prevent a record low, persistent dollar demand and global uncertainty continue to pressure the currency.
The Indian rupee dipped to a one-month low against the dollar on Tuesday, closing at 90.98. This marks the fifth consecutive session of weakening, fueled by escalating geopolitical tensions and a downturn in domestic equity markets. Despite efforts to prevent a record low, persistent dollar demand and global uncertainty continue to pressure the currency. What's Your Reaction?
