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Rupee hits new record low near 97 against dollar, oil prices and bond yields keep pressure on currency

The rupee fell to a fresh record low on Wednesday as elevated oil prices and rising US Treasury yields weighed on investor sentiment, while concerns over prolonged geopolitical tensions and potential global rate hikes continued to pressure emerging market currencies, Reuters reported.

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lunedì 18 maggio 2026·economictimes.indiatimes.com
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…
lunedì 18 maggio 2026·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…

Rupee hits new record low near 97 against dollar, oil prices and bond yields keep pressure on currency

Rupee slides to record low at 96.18 vs USD as surge in global yields compounds oil price pain

Rupee hits record low of 96.18 vs USD as rising yields add to oil shock

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Rupee falls to fresh record low of 96.20 against US dollar; down 5.5% since Iran war began

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Surging global bond yields, elevated oil deepen rupee's slide to record lows

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Rupee slides to record low of 96.91, extends losing streak to seven sessions