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The Indian rupee fell to a record low of 95.40 per dollar due to escalating U.S.-Iran tensions and rising oil prices, prompting concerns over India's economic stability and leading analysts to revise forecasts for the currency's future weakness. #INR #CurrencyMarket #OilPrices #IN #US #IR #ID #PH #JP
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Rupee hits record low as fresh US-Iran tensions intensify economic worries
MUMBAI, May 5 (Reuters) - The Indian rupee slid to a record low on Tuesday after U. S. -Iranian strikes in the Gulf rattled markets, dimming hopes for a resolution and deepening concerns over risks confronting the oil-importing economy.
