Indian Rupee Hits Record Low as Bond Yields Reach One-Year High
Deep News
Yesterday
Escalating tensions between the United States and Iran, along with deteriorating market risk sentiment, have driven down the Indian rupee and bond prices. The USD/INR pair rose 0.2% to a historic high of 93.8775. Meanwhile, the yield on India’s 10-year government bond climbed 6 basis points to 6.8%, marking its highest level since January 15, 2025.
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