The Indian rupee fell to ₹96.1475 per dollar, a two-month low, due to rising oil prices and foreign investor outflows. Anticipated RBI interventions may stabilize the currency, but persistent oil price concerns could widen India's current account deficit and apply further pressure on the rupee.
The Indian rupee fell to ₹96.1475 per dollar, a two-month low, due to rising oil prices and foreign investor outflows. Anticipated RBI interventions may stabilize the currency, but persistent oil price concerns could widen India's current account deficit and apply further pressure on the rupee.
<iframe src="https://hindustansphere.com/embed/cluster/fb316b05677266db3f88b69d1725d5051a7ef684" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Rupee hits two-month low, slips past 96 | What does it mean for the Indian stock market?"></iframe>
