In a troubling development, the Indian Rupee has plummeted to a record low against the US Dollar. The spike in crude oil prices, coupled with rising geopolitical tensions in West Asia, is severely affecting the currency’s strength. With foreign capital fleeing the market, the Reserve Bank of India is taking measures to curb the Rupee’s descent.
​In a troubling development, the Indian Rupee has plummeted to a record low against the US Dollar. The spike in crude oil prices, coupled with rising geopolitical tensions in West Asia, is severely affecting the currency’s strength. With foreign capital fleeing the market, the Reserve Bank of India is taking measures to curb the Rupee’s descent. by Soban News (international And National News)
