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India scrambles to steady rupee as oil shock bites
India is scrambling to salvage a sinking rupee as surging oil prices linked to the Middle East conflict threaten to disrupt the world's fastest-growing major economy. The depreciation has punctured India's ambition to become the world's third-largest economy.
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economictimes.indiatimes.com
Rupee hits record low of 95.85/USD as energy risk worries deepen
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…
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timesofindia.indiatimes.com
Rupee inches towards 96: Currency touches record low at 95.85 against US dollar - The Times of India
India Business News: Rupee continued to tumble on Thursday, slumping 0.1% paise to 95.85 against US dollar in early trade. The currency has been continuously dragged down .
