{"id":473932,"date":"2022-03-08T09:26:18","date_gmt":"2022-03-08T03:56:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=473932"},"modified":"2022-03-08T10:00:20","modified_gmt":"2022-03-08T04:30:20","slug":"rupee-sinks-to-record-low-with-stocks-as-ukraine-crisis-boosts-oil","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rupee-sinks-to-record-low-with-stocks-as-ukraine-crisis-boosts-oil\/","title":{"rendered":"Rupee sinks to record low with stocks as Ukraine crisis boosts oil"},"content":{"rendered":"<p>The Indian rupee tumbled to a record low along with stocks and bonds as a spike in oil prices spurred by the war in Ukraine threatened to inflate the nation\u2019s oil-import bill and fan inflationary pressures.<\/p>\n<p>The rupee declined as much as 1% to 76.9625 per dollar, past its previous low of 76.9088. Benchmark government bond yields rose six basis points to 6.87%, while the S&amp;P BSE SENSEX Index fell as much as 3.3% to 52,542.64, the lowest since July.<\/p>\n<p>graphToday\u2019s move has turned the rupee into Asia\u2019s worst performer this year as surging crude prices fueled worries about the country\u2019s balance of payments. India imports nearly three-fourth of its oil, making it one of the most vulnerable in Asia to higher prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian rupee tumbled to a record low along with stocks and bonds as a spike in oil prices spurred by the war in Ukraine threatened to inflate the nation\u2019s oil-import bill and fan inflationary pressures. The rupee declined as much as 1% to 76.9625 per dollar, past its previous low of 76.9088. Benchmark government bond yields rose six basis points to 6.87%, while the S&amp;P BSE SENSEX Index fell as much as 3.3% to 52,542.64, the lowest since July. graphToday\u2019s move has turned the rupee into Asia\u2019s worst performer this year as surging crude prices fueled worries about the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-473932","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/473932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=473932"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/473932\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=473932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=473932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=473932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}