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News 2026-09-29 03:51 UTC

Rupee Breaches 96 to Two-Month Low

The Indian rupee weakened to around 96.13 per dollar, breaching the key 96-per-dollar level for the first time in two months, as higher US Treasury yields and elevated oil prices intensified pressure on the currency. The 10-year US Treasury yield climbed 6 basis points to 5.24%, near a nearly two-decade high, as rising