Why stock market, rupee, and oil prices are in crisis?
Shortpedia
Content Team
Image Credit: NewsBytes
The stock market continued to fall on Monday. The Indian rupee also hit a record low of Rs. 77.01 against the United States dollar. Meanwhile, crude oil prices rose by 8.5% on Monday morning amid the Russia-Ukraine war. There were reports that the United States was considering banning Russian oil imports, an OANDA report said. Rising oil prices will continue to cause a rise in inflation as India's import bill piles on.
