Indian Rupee Hits Record Low of 92.94 Against Dollar

The Indian rupee touched a fresh record low of 92.94 against the US dollar on Thursday, depreciating by 30 paise. Elevated crude oil prices amid ongoing tensions in West Asia have added pressure on the currency. The rupee’s slide comes amid strong demand for dollars by importers and a firm greenback in global markets. On … Continue reading Indian Rupee Hits Record Low of 92.94 Against Dollar