Rupee Hits Record Low Against Dollar
The Indian rupee dropped to a record low of 95.80 against the U.S. dollar after the government raised import duties on precious metals. Globally, the dollar remained strong, with USD/JPY trading high in the 157 range, supported by hot U.S. wholesale inflation data and hawkish remarks from the Federal Reserve. Meanwhile, crude oil markets split focus between geopolitical talks and supply warnings, leaving WTI lower at $101.14 and Brent steady above $105.


















