Rupee Takes a Dive as Oil Prices Soar and Talks Stumble

In early trade on Wednesday, the rupee took a little tumble, dropping 6 paise to 95.42 against the dollar. The culprit? Soaring oil prices and shaky US-Iran talks. The rupee opened at 95.40 but decided to slide down the slippery slope. Keep an eye on that oil price; it’s the real game-changer here!