Rupee Hits Record Low: How a Weak Currency Can Make Life More Expensive
The Indian rupee hit a record low on April 30, 2026, as rising crude oil prices, foreign investor outflows and global uncertainty put pressure on India’s currency market. Reuters reported that the rupee weakened to 95.33 against the US dollar, crossing its previous lifetime low of 95.21. That may look like a forex-market headline, but … Read more