Indian Rupee Falls Below ₹96 as Oil Prices Rise

Indian Rupee Falls Below ₹96 as Oil Prices Rise

The Indian rupee fell below ₹96 per US dollar on September 29, 2026, as rising crude oil prices and foreign fund outflows increased pressure on India’s currency.

India Raises Fuel Export Duties to Protect Domestic Supply Amid Global Energy Volatility

India Raises Fuel Export Duties to Protect Domestic Supply Amid Global Energy Volatility

India hikes export duties on diesel and ATF to secure domestic supply and stabilize prices amid global oil volatility and geopolitical tensions.

RBI Acts as Rupee Drops to Historic Low

RBI Acts as Rupee Drops to Historic Low

RBI intervenes in currency markets after the rupee hits a record low amid rising oil prices, global uncertainty and geopolitical tensions affecting financial stability.

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