Rupee

The Indian rupee continues to weaken against the US dollar. On Tuesday, it hovered around 95.36 in early trading. Since the beginning of this year, the currency has fallen by around 5.64 per cent.

30 Mwezi wa nne, 2026 Imeripotiwa na AI

The Indian rupee sank to a fresh record low against the US dollar, fueled by soaring energy import costs during an ongoing energy crisis and accelerating capital outflows. This has intensified pressure on the Reserve Bank of India (RBI) to potentially hike interest rates, ending a pause in monetary tightening.