SENSEX
NIFTY
GOLD
USD/INR

Weather

image 34    C

Top News News

The Economic Times

Top News / The Economic Times

details

Rupee drops to two-month low as global bond rout deepens, oil jumps

The Indian rupee fell to its weakest level in two months as global bond yields rose sharply. Oil prices soared past $100 per barrel, complicating the currency situation further. Investors are concerned about foreign portfolio outflows that are impacting the rupee adversely. Additionally, rising borrowing costs threaten government finances and could affect stocks negatively. A key US labor market report is set to be released soon.

1 Oct 2026 3:52 pm