Indian Rupee Near Asia's Lowest Amid Global Economic Pressures
The Indian rupee has declined due to rising crude oil prices and higher global bond yields, falling 1.2% in the last quarter and 0.7% monthly. The Reserve Bank of India intervened to stabilize the currency. Analysts anticipate that the upcoming monetary policy decision will significantly impact the rupee's future trajectory amid these global headwinds.
ET Markets·3h ago


