Indian Rupee slides to two-week low amid surging US Treasury Yields
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The Indian rupee has slid to a record low against the US dollar, with some reports indicating it has fallen past 92, while others suggest it has weakened beyond 96.5. The decline is attributed to various factors, including surging US Treasury yields, dollar outflows, and a crude oil surge. The rupee's downward trend has been observed over multiple sessions, with some outlets also citing geopolitical tensions as a contributing factor.
Full coverage
12345678