The Indian Rupee fall accelerates after Trump calls off MoU with Iran, oil prices surge

FUNDAMENTAL OVERVIEW USD: The US dollar bounced back this week as US-Iran risks resurfaced after both parties exchanged attacks. The US launched a series of strikes on Iran in response to Iranian attacks on three vessels in the Strait of Hormuz. Iran retaliated by bombing US bases in Bahrain and Kuwait, warning of further strikes if the US continued. It was…

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