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  • Wednesday, 04 March 2026

US, Israel attack Iran: With oil prices up, forex volatility set to continue

The rupee faces renewed pressure as the West Asian conflict escalates, worsening trade and energy situations. Analysts anticipate the rupee breaching the 92 level this week due to rising oil prices and supply chain disruptions. Investors are flocking to the US dollar and gold, triggering capital outflows from riskier assets.

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