Rupee slides to a fresh low for third straight day on oil hit

The Indian rupee hit a new all-time low for the third consecutive day, driven by soaring crude oil prices and increased dollar demand. Despite government efforts to curb gold imports, the rupee weakened significantly. Traders anticipate further volatility, with the Reserve Bank of India intervening to support the currency.

from Economic Times https://ift.tt/eWn0j4M