Rupee at 100? Currency may slide further versus US dollar as crude oil prices rise, Middle East conflict persists
Even prior to the conflict, the rupee was facing downward pressure due to widening external imbalances and persistent capital outflows. The surge in oil prices has intensified these challenges for the world’s third-largest crude importer.🕒 1 min read
Even prior to the conflict, the rupee was facing downward pressure due to widening external imbalances and persistent capital outflows. The surge in oil prices has intensified these challenges for the world’s third-largest crude importer.
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