Global markets fell despite a 30-day Iran ceasefire extension, as investors remained wary of unresolved geopolitical tensions, oil price volatility, and supply chain risks impacting economic stability.
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The rupee dropped 35 paise to a record low of 93.88 against the US dollar, weighed down by global pressures and weak domestic market sentiment.
The Indian rupee fell 42 paise to close at 91.50 against the US dollar amid strong dollar demand and elevated crude oil prices. Analysts cite global uncertainties and capital flow trends as key drivers.
