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Rupee’s 7-day losing streak deepens: Sinks to record low of 96.38 as Brent stays near $110

Posted on May 19, 2026
By Financial Express
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1 min read

Rupee’s 7-day losing streak deepens: Sinks to record low of 96.38 as Brent stays near $110

The Indian rupee extended its seven-day losing streak and slipped to a record low of 96.38 against the US dollar amid elevated crude oil prices, rising US Treasury yields and global uncertainty.