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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 Asia’s more stable currencies, the rupee has now become one of the worst-performing emerging market currencies this year, pressured by a toxic mix of expensive oil, capital […]
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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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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…
