The rupee touched 96.18 per dollar, extending its decline to 5.5% since the conflict began in February.

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

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

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…

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.…

Rupee’s fall continues for 6th consecutive day, ending lower for eight sessions in a row on Tuesday

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.…