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Crude Oil's Price Roller Coaster Leaves Rupee Feeling Nauseous

Reading time: 2 min • Mar 4, 2025, 02:37 PM (UTC)

Key Points

  • OPEC+ is considering increasing oil output, impacting global...

Oh look, another day of crude oil prices playing "Red Light, Green Light" with global currencies! Who knew barrels of black gold could cause such financial mayhem? As OPEC+ contemplates increasing oil output this April, currency traders worldwide are reaching for their antacids while watching the domino effect unfold.

Rupee's Oil-Soaked Predicament

The Indian Rupee isn't having its best moment, mainly because it's caught between a rock (Trump's tariff threats) and a hard place (those pesky oil prices). As of March 4, 2025, the INR is doing its best impression of a sinking ship, thanks to ...

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