Rupee tumbles 55 paise to 86.07 against US dollar on oil spike, Israel-Iran conflict jolts markets; foreign fund outflows deepen

The rupee plunged 55 paise to close at 86.07 against the US dollar on Friday, its sharpest single-day fall in over three months, as a surge in global crude oil prices and heightened geopolitical tensions rattled investor sentiment.The currency, which opened weaker at 86.25, briefly […]