War in Iran impacts India's economy and stock market
after close1 source ↓written by the desknot a recommendation
- per dollar
- ₹94.79
The ongoing war in Iran has led to a record low for the rupee at ₹94.79 per dollar, disrupting remittances and energy imports. Consequently, India's stock market has declined for the fifth consecutive week as oil prices continue to rise. Prime Minister Modi has termed the situation as "worrisome," highlighting India's diminishing diplomatic influence.
Not investment advice. For informational purposes only.