The Indian Rupee hit an all-time low on Tuesday, closing at 96.53 against the US Dollar. This marks the eighth consecutive day of decline, driven by geopolitical tensions between the US and Iran and a significant surge in global crude oil prices. Brent crude has risen over 50% since late February, putting immense pressure on the rupee. Experts warn that if the global situation doesn't stabilize, the currency could breach the 97 mark, further complicated by rising US inflation and treasury yields. https://otvkhabar.in/business/rupee-closes-at-lifetime-low-of-9653-versus-dollar-11851829 #creator program