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Rupee falls 39 paise to close at all-time low of 95.23 against US dollar

Summary by The Siasat Daily
Mumbai: Rupee fell 39 paise to close at an all-time low of 95.23 against the US dollar on Monday, as the ongoing Middle East tensions are causing volatility in global markets, keeping oil prices high and raising fears of inflation and economic slowdown. Forex traders said Brent oil, hovering near USD 110 per barrel, is putting pressure on oil-importing economies like India. At the interbank foreign exchange market, the rupee opened at 94.95 agai…

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Sri Lanka News - BusinessNews.lk broke the news on Monday, May 4, 2026.
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