The Indian rupee neared 96/$ amid foreign fund outflows, oil inflation, and balance of payments concerns. Reported central bank intervention helped the rupee recover from an intraday low, though it closed weaker. Potential tax cuts for foreign investors on Indian bonds also influenced the currency's movement.

The Indian rupee reached an all-time low on Thursday, driven by elevated oil prices and continuous foreign portfolio outflows. This has created strain on India's current and…

The Indian rupee hit an all-time low, driven by high oil prices and portfolio outflows straining the economy. Policymakers are considering tax reductions for foreign investors on…

The Indian rupee neared 96/$ amid foreign fund outflows, oil inflation, and balance of payments concerns. Reported central bank intervention helped the rupee recover from an…

The Indian rupee hits a record low of 96/USD as rising oil prices complicate economic challenges.

Mumbai, May 15 (PTI) The rupee slipped below the crucial 96 mark in intraday trade on Friday, pressured by elevated crude oil prices, a strong dollar and hawkish comments from US…

Rising crude prices and persistent capital outflows pushed the Indian currency to a fresh all-time low.

The rupee fell 0.4% to 96.1350 per US dollar, eclipsing its previous all-time low of 95.9575 hit in the previous session. | India News

The rupee breaches 96/$ for the first time, pressured by rising crude prices and FPI sales, despite RBI intervention.

Mumbai, May 15 (PTI) The Indian rupee crashed below the 96/USD mark on Friday before closing at an all-time low of 95.81 against the US dollar as elevated crude oil prices and…

MUMBAI: The rupee hit a record low of 96.14 against the US dollar on Friday before settling at 95.97, one paise lower than its previous close, as global and domestic pressures…