Asia • 2026-05-04 06:50

Indian Rupee Hits Record Low of 95.23 per Dollar as Brent Oil Nears $110

The rupee fell 39 paise to close at an all‑time low of 95.23 against the U.S. dollar, pressured by high Brent crude prices hovering around $110 a barrel and continued foreign capital outflows amid geopolitical uncertainty. Traders cited both oil import costs and investor sentiment as drivers.

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