Indian Rupee Hits 10-Day Low Amid Crude Price Surge
The Indian rupee weakened against the US dollar in early European trading on Thursday, marking its lowest level in ten days.
The decline came as oil prices surged due to ongoing tensions between the US and Iran, which have renewed concerns about inflation.
West Texas Intermediate crude for October delivery was up $2.98 or 3.20 percent at $96.01 per barrel.