Indian rupee set to extend losses as oil prices rise and dollar demand persists

7 articles · Updated · Reuters · Apr 29

The rupee is expected to open between 94.64 and 94.68 after closing at 94.54, nearing its all-time low of 95.21.
Heavy dollar demand from oil refiners, limited exporter selling, and persistent equity outflows are driving the rupee’s 1.74% decline over seven sessions.
Brent crude trades near $111 a barrel, up over 20% since April 20, as US-Iran tensions prolong supply disruptions and speculative long-dollar positions add further pressure.

How is the rupee's plunge set to impact the daily cost of living for millions of Indians?

With the Iran war disrupting oil, is the Indian rupee headed for a record-breaking collapse?

As the US Fed holds rates, is India caught in a capital outflow trap with no easy exit?

Could the rupee's dramatic fall actually be the painful correction India's export economy needs to thrive?

Are the RBI's new currency rules too little, too late to save the rupee from its downward spiral?