Rupee may slide past 92 vs USD to record low as Mideast war fires up oil prices

The Times of India - March 4, 2026

Rupee may slide past 92 vs USD to record low as Mideast war fires up oil prices

The Indian rupee is poised to hit a new low against the US dollar. Soaring oil prices, driven by the Middle East conflict, are weakening the rupee. This surge in oil costs will increase India's import expenses and fuel inflation. Foreign investors are also pu…

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