BusinessPhoto: News18 BusinessRupee Falls 57 Paise Amid High Crude Oil Prices and Geopolitical Risks
The Indian rupee fell 57 paise from its day's high due to sustained high crude oil prices above $110 per barrel and ongoing geopolitical tensions. Brent crude futures neared $111 amid supply concerns in West Asia. Despite a recent 2.45% rally supported by foreign inflows and RBI measures, the rupee faces pressure from rising oil costs and geopolitical uncertainty, impacting India's import bill and dollar demand.
News18 Business·




