How low does the Rupee go when the Middle East erupts
In today's tightly woven world, big world events like the recent flare-up between Iran and Israel rock the boat in financial markets. This latest showdown, coming right after the Russia-Ukraine crisis, is a stark wake-up call to just how much these global power struggles can mess with market stability.To dive into the impact of the recent escalation, it is important to dig deeper into the historical trends in the currencies.Instability in the Middle East holds significant sway over global oil markets, safe-haven assets, and currencies. As a crucial oil source,...