The Indian rupee began trading at 93.95 against the US Dollar on Thursday, March 25, but remains close to its record lows near 94 against the dollar.
On Wednesday, March 24 the currency appreciated slightly due to increased optimism about easing tensions between the US and Iran, despite mixed reports; however, market fluctuations led to most of that gain being surrendered, resulting in only a small increase by the end of the day.
(more to come)