Indian rupee hits record low against US dollar

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After the international crude oil prices spiked this morning, the Indian rupee traded its weakest low ever touching 76.96 rupees to a dollar. Earlier the rupee was trading at 76.92 but low down today due to the rise in crude oil prices. The rupee closed at 76.16 rupees on Friday.

The crude oil prices spiked in a rapid rate around the globe due to the ongoing Ukraine-Russia War.

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