Rupee Hits All-Time Low at 95.25 Per Dollar

The Indian rupee hit a fresh all-time low, opening at 95.01 per US dollar and sliding further to 95.2475, a drop of roughly 17 paise from the previous close. The move pushes the currency into new record-weak territory against the dollar. The 10-year benchmark government bond yield also hardened beyond 7%, signalling that debt markets are pricing in added risk or tighter monetary conditions alongside the currency stress. A weaker rupee raises the cost of imports, particularly crude oil and electronics, which feeds directly into domestic inflation. Higher bond yields mean the government and corporates pay more to borrow, which can squeeze public spending and slow capital investment. For equity markets, the combination of currency weakness and rising yields typically pressures valuations, especially in rate-sensitive and import-heavy sectors. Traders will watch for any Reserve Bank of India intervention in the forex market, and whether yield moves stabilise or extend further in coming sessions.