Rupee Hits Record Low 92.45 as Crude Stays at $100

– Advertisement – The Indian rupee just hit a new bottom. On Friday, March 13, the currency slumped to a record low of 92.45 against the US dollar. So, why the sudden drop? Brent crude is the culprit. Now, with oil sitting above $100 a barrel, investors are spooked. Actually, the fear of a widening […]