Indian Rupee falls to record low against US Dollar
The Indian Rupee has extended its decline against the US Dollar, reaching a fresh all-time high of 96.33 in the USD/INR pair.
The Rupee’s downfall is attributed to the recent advance in oil prices, which has weakened the Indian currency.
This downward trend has been ongoing for over a week, with the Rupee experiencing a significant decline in value against the US Dollar.