Indian rupee falls against Omani rial again

The value of the Indian rupee once again depreciated against one Omani Rial when it crossed the INR187 mark this morning.
This dip in the rupee comes after India’s ruling Bharatiya Janata Party suffered a series of defeat in the ongoing state elections.
It was compounded when Urjit Patel resigned as the Governor of the Reserve Bank of India, the country’s financial governing body.
Exchange officials in Oman said this was likely to have a direct relation to the slide in the value of the Indian rupee.