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.

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…

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…

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.…

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.…

MUMBAI: The rupee weakened to a record closing low of 96.53 against the dollar on Tuesday, marking its sixth consecutive session of decline, as sustained high crude oil prices and…

The Indian rupee hits a record low of 96.91, marking seven consecutive sessions of decline amid economic pressures.