The Indian Rupee hit a record low of 92.33 on March 9 due to rising oil prices and geopolitical tensions. Traders suggest the Reserve Bank of India intervened to stabilize the currency, but ongoing conflicts may push the rupee further down if oil prices remain high. The Indian Rupee touched record low of 92.33 on Monday, March 9, as a sharp rise in global oil prices fueled by the escalating Middle East conflict heightened worries about India's external balances. The rupee opened 0.50% lower, or 46 paise down, at... [3311 chars]
2026 Copyright © News-Matic.com. All Rights Reserved
