Rupee slips toward 96 vs US dollar as crude, yields and stocks weigh on currency

Sep 28, 2026

The rupee weakened 0.2% to 95.9825 against the dollar, pressured by surging crude oil prices, US bond yields and a sharp equity sell-off. RBI intervention likely limited losses, while concerns over inflation and India’s high oil import dependence weighed on sentiment.

Morning Dispatcher

Get all the up-to-date breaking news about politics, business, entertainment, sports, lifestyles, weather, traffic, and local news in a seamless digital environment only in Morning Dispatcher.