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The Economic Times

Business / The Economic Times

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Rupee touches a record low as West Asia crisis raises oil risk

In a troubling development, the Indian Rupee has plummeted to a record low against the US Dollar. The spike in crude oil prices, coupled with rising geopolitical tensions in West Asia, is severely affecting the currency's strength. With foreign capital fleeing the market, the Reserve Bank of India is taking measures to curb the Rupee's descent.

14 Mar 2026 10:03 am