The rupee’s decline is part of the solution, not the problem
On 12 May, the Prime Minister urged Indians to reduce foreign travel, buy less gold, and cut consumption of imported...
Currencies
As China’s yuan emerges as a global currency, Beijing faces a balancing act
As the yuan’s exchange rate hovers near a three-year high against the US dollar, an article by China’s top foreign...
Indian Rupee Falls To Record Low Of 96.39 Against US Dollar
The Indian rupee continued its downward trend on Monday, hitting a fresh record low amid sustained pressure from global financial...
USD/INR May 18: Rupee Hits Record Low of 96.34 on Oil
Mumbai, May 18: The rupee slipped to a fresh record low on Monday as soaring crude oil prices and rising U.S. Treasury yields intensified pressure on the domestic currency amid worsening global risk sentiment. The rupee fell to a fresh low of 96.34 against the dollar, passing its previous all-time low of 96.13 hit on Friday. The currency has now fallen for five consecutive sessions and remains the worst-performing major Asian currency this year. At the time of writing, the rupee was trading 30 paise lower at 96.27. Moreover, it opened 21 paise lower against the dollar. To be sure, the rupee had...
Rupiah and Rupee hit record lows as oil surge and rising Global yields rattle Asian markets
Gulf tensions drive oil price spike, strengthen US dollar, and trigger broad sell-off in Asian currencies and equitiesDubai: The Indonesian...
Asia’s Emerging Currencies Slip As Oil Rises And Yields Climb
quickly in foreign-exchange markets. India’s rupee touched an all-time low near 96.303 per US dollar, down roughly 5.5% since late...
Indian Rupee: Record low deepens against US Dollar – MUFG
MUFG’s Michael Wan notes that the Indian Rupee (INR) has been the weakest major Asian currency in 2026, sliding to...
S. Korean currency gains slightly amid renewed foreign sell-off in stocks
SEOUL, May 18 (Yonhap) -- The South Korean won gained slightly against the U.S. dollar Monday amid renewed sell-offs by...
INR vs USD: Indian Rupee Falls to Record Low Against US Dollar Amid Rising Oil Prices
0 INR vs USD: The Indian rupee slipped to a fresh all-time low against the US dollar on Monday, May...
Oil Shock And Higher Yields Push Asia’s Currencies Lower
per dollar and local shares also fell as traders returned from a holiday. Bank Indonesia, the country’s central bank, has...
