Rupee set for all-time low on oil fears, pullback in crude from highs offers relief

Rupee set for all-time low on oil fears, pullback in crude from highs offers relief

The Indian rupee nears an all-time low due to oil price fears, despite a recent pullback in crude prices.

The Indian rupee is set to weaken toward a lifetime low on Friday, pressured by persistently high oil prices, although a pullback from recent highs in crude is likely to limit the extent of losses. … [+1725 chars]