The rupee declined 39 paise to close at a record low of 95.23 against the US dollar amid rising crude oil prices, foreign fund outflows and Middle East tensions. Analysts warned that continued pressure on oil prices may further weaken the Indian currency
The rupee hit a record low of 90.43 against the US dollar amid FII outflows, importer demand and limited RBI intervention. Markets await the MPC decision as trade tensions with the US persist and analysts warn of further depreciation toward 91