The Indian rupee hits a historic low, while bond yields rise to a one-year high.

date
23/03/2026
Due to the escalating tensions between the United States and Iran and the deterioration of market risk appetite, the Indian rupee and bond prices have fallen. The US dollar rose 0.2% against the rupee to a historic high of 93.8775. India's 10-year government bond yield increased by 6 basis points to 6.8%, the highest level since January 15, 2025.