Rupee trims losses after hitting record low, all eyes on oil prices

The Times of India - March 12, 2026

Rupee trims losses after hitting record low, all eyes on oil prices

The Indian rupee plunged to a record low as Middle East tensions fueled a surge in crude oil prices. This significant rise in energy costs is expected to prompt central bank intervention to stabilize the currency. Analysts warn of amplified rupee volatility…

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