30-April-2026
Markets and Finance
 
Rupee crashes to all-time low of 95.32 per dollar as crude soars to 3-year high above $125
30-Apr-2026

The Indian Rupee has once again fallen below the 95 mark against the US dollar and hit a new record low.The depreciation in the currency comes largely on the back of a surge in crude oil prices, which hit their 3-year high over the US-Iran standoff. On Thursday, the domestic currency opened at the 95.02 mark per dollar, down 0.2% from its previous close of 94.84 against the greenback. The currency then slipped to a new record low of 95.32 against the dollar surpassing its March’s record low of 95.22 per dollar.

News Source:- https://www.financialexpress.com/market/rupee-sinks-past-95-per-dollar-as-crude-soars-to-3-year-high-why-the-122bbl-spike-is-worrying-investorsnbsp-4222846/?ref=hometop_hp