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The Economic Times

Markets / The Economic Times

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Rupee may slip further if Middle East tensions persist: Naveen Mathur

The Indian rupee is under pressure due to global geopolitical tensions and soaring crude oil prices. Currency markets are watching the Reserve Bank of India's next move. Traders expect continued volatility as the dollar strengthens and oil import demand rises. The rupee could weaken further if tensions persist and oil prices remain high. The RBI's focus is on managing volatility.

9 Mar 2026 12:57 pm