Rupee USD Exchange Rate Volatility: Sinks 48 Paise on US-Iran Strait of Hormuz Crisis

Rupee USD Exchange Rate Volatility: Sinks 48 Paise on US-Iran Strait of Hormuz Crisis

MUMBAI, July 14  – The Rupee USD Exchange Rate Volatility weakened sharply on Tuesday, slipping past the psychologically important 96-mark against the US dollar, as a fresh flare-up in West Asia geopolitical tensions pushed global crude oil prices higher. The domestic currency opened at 95.95 and hit an intraday low of 96.16 in early trade, … Read more