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Rupee hits fresh low of 96.34 per US dollar amid surging global bond yields, elevated oil

Rupee hit a record low on Monday, sliding for ​the seventh consecutive trading session, as a jump in global bond ‌yields converged with elevated energy prices and deepened the ​strain on Asia’s worst-performing currency of the year so ⁠far.

By Reuters· BusinessLine· 5 months ago· 2 min read
Rupee hits fresh low of 96.34 per US dollar amid surging global bond yields, elevated oil