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The rupee depreciated 3.7% in the first half of FY26 and hit fresh closing lows, settling at 88.79 per dollar on Tuesday. Pressure came from US reciprocal tariffs of up to 50% in some sectors, foreign outflows, a stronger dollar and rising crude prices.
Government bond yields also rose in the second quarter.
The half-year slide makes dollar-priced imports costlier for Indian feed and food buyers. Higher crude costs add further upward pressure on import bills.
business-standard.comAnjali KumariSep 30, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
