The Indian rupee hit a new all-time low against the dollar on Friday, driven by concerns over sustained high oil prices and the ongoing Middle East conflict. Despite a significant decline since the Iran war began, the rupee has shown resilience compared to other emerging markets due to interventions by the Reserve Bank of India.
Gold steadies as traders await US jobs data, monitor Mideast tensions
Gold prices held steady as traders navigated heightened tensions in the Middle East and awaited pivotal labor data from the US. This economic data is