Rupee Hits Record Low: Rupee nears 94-mark vs USD: Middle East tensions drag currency to new low, what’s next?
The ongoing crisis in the Middle East continues to rattle financial markets worldwide, sending shockwaves to oil baskets, stock markets and currencies. Rupee is no stranger to the impact! Over the past one year, the currency has continuously slipped to its record lows, first hitting 90 and then eventually beyond the 93 per US dollar…