Geopolitical Tensions & Oil Surge Push Indian Rupee Down to 95.45 Against US Dollar
The Indian rupee slumped 19 paise to open at 95.45 against the US dollar on Wednesday, 3 June 2026, pinned down by a toxic mix of surging crude oil prices, aggressive foreign capital outflows, and a sweeping risk-off sentiment across Asian currency markets. Gulf Tensions Spook Global Markets Investor confidence took a severe hit following statements from the US military…
