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Indian Rupee plunges to one-year low amid oil price concerns

Shortpedia

Content Team
Image Credit: NewsBytes

The Indian Rupee has hit a one-year low, dropping to 83.28 against the US Dollar on Monday. This slump is due to growing concerns about oil prices and the possibility of the ongoing conflict in the Middle East involving other countries. As events unfold, investors are keeping a close eye on developments and their potential impact on global financial markets.