Indian Rupee Weakens to ₹95.19 Against US Dollar as Oil Prices Surge, Raising Economic Concerns
Currency Pressure Returns as Oil Prices Rise India’s currency and financial markets came under renewed pressure on Wednesday, October 28, 2026, as rising international crude-oil prices increased concerns about the country’s import bill, inflation and economic stability. The Indian rupee traded at ₹95.19 against the US dollar during the morning session, compared with its previous…