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Rupee hits new lifetime low of 92.4 amid Gulf war
short by Medhaa Gupta / on Friday, 13 March, 2026
The Indian rupee fell to a new lifetime low of nearly 92.4 against the US dollar amid the oil crisis caused by the Middle East war. The currency had previously hit a record low of 92.3575 per US dollar. Notably, oil prices rose on Friday despite US' 30-day waiver for countries to buy Russian oil stranded in sea.
read more at Reuters