The Indian rupee slipped on Monday, March 18 to breach ₹92.50 against US dollar fir teh first time ever extending its recent weakness as escalating tensions in the Middle East kept crude oil prices elevated, heightening economic risks for India and weighing on capital inflows.
The currency weakened to 92.57 against the US dollar, breaching its previous all-time low of 92.4750 recorded last week.
more to come….