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Rupee Takes a Wild Plunge, Hits Record Low Against Dollar

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Rupee Takes a Wild Plunge, Hits Record Low Against Dollar

The rupee took a wild plunge, dropping 35 paise to a record low of 95.63 against the dollar on Tuesday. This dramatic dip happened after Trump made a big fuss about the Iran ceasefire, causing oil prices to spike and market moods to crash. With the dollar showing off, the rupee just couldn't keep up with the competition!

few days ago | Press Trust of India

Quick rundown

1.Rupee hits record low against the US dollar.
2.Trump's comments on Iran ceasefire impact markets.
3.Crude oil prices surge amid global supply fears.
4.Sensex and Nifty experience significant drops.
5.Foreign investors offload equities in large volumes.

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