Rupee sinks below 91-mark for 1st time in a month amid Middle East war

The Indian rupee sank over 20 paise to open at 91.25 against the US dollar on Monday amid the war in the Middle East following US and Israeli strikes on Iran. This is the first time the currency has weakened below the 91-mark in a month. The conflict has pushed crude oil prices higher, which negatively affects India.