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Rupee near record low: Why RBI’s multiple defences are losing effectiveness

Source: Business Today

The Indian Rupee is just 0.2% away from its record low of 96.97 per dollar, reached in May 2026, highlighting the growing pressure from elevated crude oil prices, rising global bond yields and continued foreign portfolio outflows.

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This digest is published with acknowledgment to Business Today. For the complete analysis, headnotes, and citations, please refer to the source.

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