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Surging global bond yields, elevated oil deepen rupee's slide to record lows
Elevated energy prices and weak capital flows have left India staring at a third consecutive fiscal year of a deficit in its balance of payments (BoP), straining the rupee. Economists at HSBC have forecast a BoP deficit of around $65 billion in the fiscal year ending April 2027.
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thehindubusinessline.com
Rupee hits record low of 96/$ as oil surge fans economic worries
Rising crude prices and persistent capital outflows pushed the Indian currency to a fresh all-time low.
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hindustantimes.com
Indian rupee hits all-time low, slips past 96 per dollar amid oil price surge
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
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theprint.in
Rupee hits record low of 96.14/USD, settles at fresh closing low of 95.81 against US dollar
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…
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economictimes.indiatimes.com
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…
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malaymail.com
India scrambles to stop rupee slide as oil shock drives currency to record low
MUMBAI, May 17 — 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...
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Rupee slides to record low at 96.18 vs USD as surge in global yields compounds oil price pain
The rupee hit an all-time low of 96.18 against the dollar on Monday, extending its decline due to soaring global bond yields driven by high energy prices from the Iran war. This…
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Rupee hits record low of 96.18 vs USD as rising yields add to oil shock
The Indian rupee hit a new all-time low against the dollar on Monday, plummeting to 96.18. Soaring global bond yields, fueled by elevated energy prices from the Iran war, have…
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scroll.in
Rupee slides to record low of 96.3 against US dollar
Monday was the fifth consecutive trade session in which the Indian currency reached an all-time low amid economic headwinds.
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Rupee hits record low at 96 against US dollar as oil prices climb
Traders said the losses would have been steeper if not for likely dollar-selling intervention by the Reserve Bank of India. | World News
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Indian rupee slides to all-time low as Iran war keeps oil prices elevated
The rupee touched 96.18 per dollar, extending its decline to 5.5% since the conflict began in February.
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Surging global bond yields, elevated oil deepen rupee's slide to record lows
Elevated energy prices and weak capital flows have left India staring at a third consecutive fiscal year of a deficit in its balance of payments (BoP), straining the rupee.…
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Rupee hits fresh low of 96.34 per US dollar amid surging global bond yields, elevated oil
Rupee hit a record low on Monday, sliding for the seventh consecutive trading session, as a jump in global bond yields converged with elevated energy prices and deepened the…
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thedailystar.net
Rupee hits record low
The Indian rupee fell to an all-time low on Monday, as stubbornly high energy prices due to the Iran war sent global bond yields soaring, denting risk appetite and deepening…
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Rupee plunges for eighth straight session, breaches 96.60 vs USD on rising crude, US yields
The Indian rupee has reached a historic low against the US dollar. This decline is driven by escalating oil prices due to the Iran conflict and higher US Treasury yields. India's…
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Rupee falls to record low of 96.47 against US dollar in intraday trade
Mumbai, May 19 (PTI) The rupee slipped to a fresh record low of 96.47 against the US dollar in intraday trade on Tuesday, pressured by rise in crude oil prices, strong dollar and…
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Rupee falls to record low of 96.5 against US dollar
Tuesday was the seventh consecutive trade session in which the Indian currency had lost its value.
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Rupee hits fresh record low of 96.61 against Dollar amid crude, trade deficit pressures
Jateen Trivedi said that market participants continue to prefer dollar buying and rupee selling as a hedge against ongoing volatility, projecting a near-term trading range of…
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Oil surge over West Asia crisis to sustained FPI outflows -- what's behind the rupee's fall
New Delhi, May 19 (PTI) The Indian rupee’s sharp decline has emerged as one of the biggest economic warning signs for policymakers, investors and businesses. Once considered among…
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timesofindia.indiatimes.com
Rupee at record low: Currency falls to 96.70 against dollar after eighth straight session of losses
The rupee extended its losing streak for an eighth consecutive session on Tuesday, tumbling 50 paise to close at a record low of 96.70 against the US dollar amid elevated crude…
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Rupee slumps to new low; rising import bill stokes inflation fears
The Indian Rupee reached a new record low against the US Dollar on Tuesday. Elevated crude oil prices and the ongoing conflict between the US and Iran impacted the currency.…