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Indian rupee at 91.98 against dollar, hits new all-time low — 2% decline this year
- On Thursday , the Indian rupee opened near 91.95 and lost ground to trade at 92 in early trade, weighed down by dollar demand.
- Sustained foreign fund outflows and drying overseas investment flows reduced dollar inflows and weighed on the currency, while analysts linked high U.S. tariffs and trade tensions with the US to further capital outflows.
- Oil prices climbed more than 4% this week, with Brent crude at USD 69.30 per barrel, while Sensex fell 343.67 points to 82,001.01 and Nifty dropped 94.2 points in early trade.
- Experts say the Reserve Bank of India may need to intervene as reports suggested the RBI likely sold dollars to support the rupee amid rising import costs and inflation risks.
- With repeated record lows this week, the Economic Survey 2025-26 noted the rupee weakened by about 6.5% between April 1 and January 22 and urged diplomatic and structural measures to address trade tensions with the US.
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17 Articles
Rupee Recovers From Lowest Level, Gains 9 Paise To 91.90 Against US Dollar
The rupee recovered from its lowest level and gained 9 paise to trade at 91.90 against the American currency in early deals on Friday, supported by lower crude oil prices in the international market.
·New Delhi, India
Read Full ArticleIndian Rupee Breaches 92 Mark Against US Dollar
The Indian rupee has reached a record low, trading at 92.00 against the US dollar. This marks the third time in less than a week that the rupee has hit a new low. The currency depreciated by 31 paise to settle at 91.99 against the US dollar on the previous day. The decline is attributed to various factors, including foreign investment outflows and geopolitical tensions.According to Hindustan Times, the rupee's depreciation is partly due to the d…
·India
Read Full ArticleCoverage Details
Total News Sources17
Leaning Left4Leaning Right1Center2Last UpdatedBias Distribution57% Left
Bias Distribution
- 57% of the sources lean Left
57% Left
L 57%
C 29%
14%
Factuality
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