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Rupee sinks to fresh record low amid dollar outflows and crude surge
The rupee fell to a new closing low of 96.83 against the dollar as persistent foreign institutional investor outflows, rising crude oil prices, and global risk aversion weighed heavily on sentiment. Market experts warn of further weakness amid geopolitical tensions and continued capital flight.
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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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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…
