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The Economic Times

Markets / The Economic Times

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Rupee falls to one-month low, equities slump as Iran war jolts markets

The Indian rupee and local stocks plunged on Monday as Middle East conflict and rising oil prices compounded economic worries. The rupee hit a one-month low, while benchmark indexes fell about 1%. Higher oil prices pose a significant risk to India's energy imports and could impact government bonds.

2 Mar 2026 9:46 am