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Rupee keeps falling as oil and bond pressures rise
short by / on Tuesday, 19 May, 2026
The rupee hit a fresh low of ₹96.38 per dollar on Monday, falling for a seventh straight session as high oil prices and global bond yields weighed on Asian currencies. Indian markets ended mostly flat, while reports said India’s LPG push has affected alkylate supplies used in California’s cleaner gasoline blend.
read more at The Core