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Indian rupee hits record lows amid oil price spikes, capital outflows, and widening trade deficits. USD strength and geopolitical tensions compound emerging-market currency weakness, with rupee at ri…
Oil prices rise as $100/barrel crude creates demand destruction primarily in emerging markets. Developed economies show resilience due to ability to absorb costs, while vulnerable nations face severe…
India doubles gold import duties to 15% to conserve forex reserves amid Middle East tensions and rupee weakness, signaling reduced demand for the precious metal.