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Rupee Nears Historic Low as Crude Oil Surge and Global Tensions Pressure Indian Currency
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Rupee Nears Historic Low as Crude Oil Surge and Global Tensions Pressure Indian Currency

The Indian rupee witnessed one of its steepest declines in recent times, falling sharply against the US dollar as rising global crude oil prices and escalating geopolitical tensions rattled financial markets. The domestic currency weakened by 139 paise during intra-day trading, nearing the critical ₹95-per-dollar mark and triggering fresh concerns over inflation, import costs, and...