Rupee plunges to 94.81 against US dollar, crude oil prices surge
· rediff.com
The Indian rupee depreciated by 43 paise to close at 94.81 against the US dollar, influenced by a negative trend in domestic equity markets, surging crude oil prices, and significant foreign institutional investor outflows.
The Indian rupee experienced a significant depreciation, closing at 94.81 against the US dollar, as surging crude oil prices, negative domestic equity trends, a...