The rupee weakened to an all-time low of 87.95 a dollar in the early hours on Monday, but managed to pare most of its losses due to strong intervention by the Reserve Bank of India (RBI).
Oil disruption fears and war rhetoric keeping markets on edge: Santosh Rao
Global markets are on edge due to ongoing geopolitical tensions. Investors face uncertainty about equities and the global economy. Sharp market swings are occurring as