Rupee crosses 95/dollar, bond yield above 7% due to Iran war, India’s fiscal mathematics gone awry. business News & more related News Here
The rupee weakened above the 95/dollar level for the first time and ten-year bond yields hit the highest level since July 2024, despite the most aggressive defense of the currency by the central bank in more than a decade. Traders believe the Reserve Bank of India will step in to stop a sharp fall in…