Indian Rupee Plummets to Record Low Against U.S. Dollar Amid Global Economic Headwinds
The Indian rupee plummeted by 39 paise to reach an all-time closing low of 95.23 against the U.S. dollar on Tuesday, as surging global oil prices and consistent foreign capital outflows rattled domestic markets. Traders in Mumbai reported intense selling pressure throughout the session, driven by deepening geopolitical uncertainties that have triggered a flight to…