Rupee perks up as crude oil prices take a tumble!

On Tuesday, the Indian rupee perked up a bit as crude oil prices took a nosedive, giving a sigh of relief to energy-importing countries in Asia. It briefly climbed above 92 per dollar but cooled off due to strong dollar demand from local businesses. Traders are still on edge, wondering how long this oil price drop will last amidst the ongoing Iran situation.