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Currency Buzz: INR tanks to record lows near 97 per US dollar

20-May-2026 | 12:54
The Indian Rupee slumped to record lows today, adding to recent selling spree. INR neared 97 per US dollar amid a surge in global bond yields, along with consistently higher Brent crude prices and weakness in local equities. It currently trades down 16 paise at 96.86 per US dollar.

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