Rupee's rough patch worsens on oil, outflow strain; central bank likely steps in
By TodayTelugu Desk1 min read0 views
The rupee and other currencies of oil-importing countries have been among the hardest hit following a near 50% surge in Brent crude prices since the Iran war began. The Philippine peso and the Indonesian rupiah have also been impacted severely, with the latter hitting a record low on Tuesday as well.
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