Rupee Eyes Relief Amid Risk Rebound, But Oil Surge Looms Large
The Indian rupee hit a record low of 92.3025 against the dollar on March 4, 2026, before closing at 92.15, pressured by Brent crude nearing $84/barrel amid Hormuz blockade fears. Tentative Recovery Signals Non-deliverable forwards point to opening at 92.10-92.12 today, buoyed by dollar retreat and equity rebound hints, though
