BusinessRupee Hits Record Low Amid High Crude Prices and Capital Outflows
The Indian Rupee reached a record low due to rising crude oil prices and increased capital outflows, weakening market sentiment. Currency pairs such as US Dollar-Indian Rupee, Euro-Indian Rupee, British Pound-Indian Rupee, and Japanese Yen-Indian Rupee were notably affected, reflecting the broader impact on the Indian currency market.
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