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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 trade deficit is widening, and inflation is accelerating. The nation faces challenges in lowering its current account deficit and attracting capital. These pressures are impacting the economy significantly.
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economictimes.indiatimes.com
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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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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timesofindia.indiatimes.com
Rupee falls to fresh record low of 96.20 against US dollar; down 5.5% since Iran war began
Rupee extended its fall on Monday, opening at an all-time low of 96.20 against the US dollar, slipping 0.2% from its previous close. This comes as the ongoing Middle East conflict…
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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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hindustantimes.com
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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theprint.in
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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thehindubusinessline.com
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 slips to lifetime low of 96.44 in intraday trade on mounting external finance pressures, rising US yields
The rupee dropped to 96.44 per US dollar, slipping past the prior lifetime low of 96.3875 hit on Monday. The currency’s losses since the Iran war broke out in late February now…
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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 plunges to ₹96.53 per US dollar as external headwinds worsen
Rupee’s fall continues for 6th consecutive day, ending lower for eight sessions in a row on Tuesday
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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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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.…
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Rupee tumbles to record low as US-Iran stalemate stokes global inflation fears
The rupee plummets to a record low amid US-Iran tensions, raising global inflation concerns and impacting India's economy.
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Rupee slumps to all-time low of 96.9 against US dollar
This marks the eighth consecutive trade session in which the rupee has lost its value.
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newsbytesapp.com
Indian rupee hits all-time low of ₹96.91 against US dollar
The Indian rupee plunged to an all-time low of 96.91 against the US dollar, driven by surging US Treasury yields and elevated crude oil prices amid geopolitical tensions.