Oil Spike Sends India Rupee Tumbling to One-Month Low
A customer counts Indian rupee banknotes at the Poorvi Travels store in the Dharavi area of Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Oil Spike Sends India Rupee Tumbling to One-Month Low

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(Bloomberg) -- India’s rupee weakened to the lowest level in more than a month and bonds fell as a jump in oil prices once again exposed the nation’s vulnerability to spikes in energy costs.
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