Rupee Hits Record Low Amid Iran-US War Tensions
March 4, 2026·about 2 hours ago·via Hindustan Times
The Indian rupee plunges to a record low today, battered by escalating Iran-US war fears. Geopolitical chaos spikes oil prices, hammering India's import bill and investor confidence. Forex markets reel as the currency weakens sharply against the dollar. Economists warn of more pain ahead unless tensions ease, with RBI watching closely. What's next? Experts eye rate cuts and oil trends for relief.
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