<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/image-1779179156.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1659" height="948" original-src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/image-1779179156.png"/></p>
<p>印度卢比在周二跌至历史新低，外部压力不断加大，继续对该货币施加压力。</p>
<p>与持续的伊朗冲突相关的油价上涨和美国国债收益率上升，加剧了对印度外部平衡的担忧。</p>
<p>卢比贬值至每美元 96.44，突破了周一触及的 96.3875 的前纪录低点。</p>
<p>自 2 月底伊朗战争开始以来，该货币已下跌近 6%。</p>
<h3>油价加剧卢比压力</h3>
<p>持续上涨的原油价格已成为印度经济面临的主要挑战。</p>
<p>美国与伊朗的长期僵局使油市保持高位，增加了印度的进口成本，印度在原油进口上依赖严重。</p>
<p>油价上涨与资本流入疲软的结合，正在扩大印度的外部失衡，使卢比面临进一步贬值的风险。</p>
<p>经济学家预计，印度的经常账户赤字在本财政年度将显著扩大。</p>
<p>分析师还警告称，来自中东的汇款减少，以及由于对印度经济增长前景的担忧导致的投资组合流入减弱，可能进一步加大外部部门的压力。</p>
<p>估计显示，印度的国际收支赤字今年可能扩大至 650 亿至 700 亿美元之间。</p>
<p>如果实现，这将标志着连续第三年的赤字，并突显出该国外部状况的持续压力。</p>
<h3>汇丰银行指出印度面临双重挑战</h3>
<p>汇丰银行表示，印度目前正面临与外部部门相关的两个主要经济挑战。</p>
<p>“印度面临双重挑战：降低经常账户赤字和吸引可持续的资本流入，” 汇丰在一份报告中表示。</p>
<p>该银行补充道：“外汇市场压力在货币贬值（这可以随着时间的推移降低贸易赤字）和外汇储备使用之间的持续分配应有所帮助。”</p>
<p>来自高油价的压力在印度的贸易和通胀数据中已经显现。</p>
<p>印度的商品贸易赤字在 4 月份扩大至 283.8 亿美元，主要由于原油进口急剧增加，达到了六个月来的最高水平。</p>
<p>与此同时，4 月份的批发通胀加速至三年半以来的最高水平，反映出能源价格上涨对国内成本的影响。</p>
<p>印度总理纳伦德拉·莫迪最近呼吁公民节约燃料和外汇，强调对油价上涨经济影响的日益担忧。</p>
<h3>美国收益率上升使前景复杂</h3>
<p>除了油价， rising US Treasury yields 也给卢比带来了另一层压力。</p>
<p>美国 10 年期国债收益率最近攀升至一年以来的最高水平，周二稍微回落。</p>
<p>这一变动是由于对通胀的担忧和市场对美联储可能在今年再次加息的预期增加所驱动。</p>
<p>分析师表示，更高的美国收益率可能使印度更难吸引所需的外资，以融资其不断扩大的经常账户赤字。</p>
<p>收益率的上升也增强了全球美元的强势，进一步对包括卢比在内的新兴市场货币施加压力。</p>
<p>随着原油价格保持高位和全球金融环境收紧，市场参与者预计将在未来几个月密切关注印度的外部部门指标和资本流动趋势。</p>
<p>卢比创下历史新低，油价飙升加剧财政压力的文章首次出现在 Invezz 上。</p>

印度 MSCI ETF - iShares

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能源业 ETF - SPDR

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油气服务 ETF - Market Vectors

动态石油天然气服务 ETF - Invesco

美国 WTI 原油 ETF

美国油气勘探与生产 ETF - iShares

<p>印度卢比因与伊朗冲突相关的油价上涨和美国国债收益率上升而跌至每美元 96.44 的历史低点。自 2 月底以来，卢比已下跌近 6%，加剧了印度的外部失衡。经济学家预测，印度的经常账户赤字将显著扩大，可能在今年达到 650 亿至 700 亿美元。汇丰银行强调了减少赤字和吸引可持续资本流入的双重挑战，而高企的油价和上升的美国收益率则使经济前景更加复杂</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/image-1779179156.png" alt="" original-src="https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/image-1779179156.png"/></p>
<p>The Indian rupee fell to a fresh lifetime low on Tuesday as mounting external pressures continued to weigh on the currency.</p>
<div class="lb-trans"><p>印度卢比在周二跌至历史新低，外部压力不断加大，继续对该货币施加压力。</p>
</div><p>Rising oil prices linked to the prolonged Iran conflict and higher US Treasury yields added to concerns surrounding India’s external balances.</p>
<div class="lb-trans"><p>与持续的伊朗冲突相关的油价上涨和美国国债收益率上升，加剧了对印度外部平衡的担忧。</p>
</div><p>The rupee weakened to 96.44 per US dollar, breaching the previous record low of 96.3875 touched on Monday.</p>
<div class="lb-trans"><p>卢比贬值至每美元 96.44，突破了周一触及的 96.3875 的前纪录低点。</p>
</div><p>Since the Iran war began in late February, the currency has declined nearly 6%.</p>
<div class="lb-trans"><p>自 2 月底伊朗战争开始以来，该货币已下跌近 6%。</p>
</div><h3>Oil prices intensify pressure on the rupee</h3>
<div class="lb-trans"><h3>油价加剧卢比压力</h3>
</div><p>The sustained increase in crude oil prices has emerged as a major challenge for India’s economy.</p>
<div class="lb-trans"><p>持续上涨的原油价格已成为印度经济面临的主要挑战。</p>
</div><p>The prolonged US-Iran impasse has kept oil markets elevated, increasing import costs for India, which relies heavily on crude imports.</p>
<div class="lb-trans"><p>美国与伊朗的长期僵局使油市保持高位，增加了印度的进口成本，印度在原油进口上依赖严重。</p>
</div><p>The combination of higher oil prices and muted capital inflows is widening India’s external imbalances and leaving the rupee vulnerable to further declines.</p>
<div class="lb-trans"><p>油价上涨与资本流入疲软的结合，正在扩大印度的外部失衡，使卢比面临进一步贬值的风险。</p>
</div><p>Economists expect India’s current account deficit to widen significantly during the current fiscal year.</p>
<div class="lb-trans"><p>经济学家预计，印度的经常账户赤字在本财政年度将显著扩大。</p>
</div><p>Analysts also warned that softer remittances from the Middle East, along with weaker portfolio inflows due to concerns over India’s growth outlook, could further strain the external sector.</p>
<div class="lb-trans"><p>分析师还警告称，来自中东的汇款减少，以及由于对印度经济增长前景的担忧导致的投资组合流入减弱，可能进一步加大外部部门的压力。</p>
</div><p>Estimates suggest India’s balance of payments deficit could widen to between $65 billion and $70 billion this year.</p>
<div class="lb-trans"><p>估计显示，印度的国际收支赤字今年可能扩大至 650 亿至 700 亿美元之间。</p>
</div><p>If realised, it would mark the third consecutive year of deficits and highlight persistent stress in the country’s external position.</p>
<div class="lb-trans"><p>如果实现，这将标志着连续第三年的赤字，并突显出该国外部状况的持续压力。</p>
</div><h3>HSBC flags dual challenge for India</h3>
<div class="lb-trans"><h3>汇丰银行指出印度面临双重挑战</h3>
</div><p>HSBC said India is currently dealing with two major economic challenges linked to the external sector.</p>
<div class="lb-trans"><p>汇丰银行表示，印度目前正面临与外部部门相关的两个主要经济挑战。</p>
</div><p>&#34;India faces a two-fold challenge.to lower the current account deficit and attract capital inflows that are sustainable,” HSBC said in a note.</p>
<div class="lb-trans"><p>“印度面临双重挑战：降低经常账户赤字和吸引可持续的资本流入，” 汇丰在一份报告中表示。</p>
</div><p>The bank added that, “the continued distribution of FX market pressure between currency weakness (which can lower the trade deficit over time) and FX reserve use should help.”</p>
<div class="lb-trans"><p>该银行补充道：“外汇市场压力在货币贬值（这可以随着时间的推移降低贸易赤字）和外汇储备使用之间的持续分配应有所帮助。”</p>
</div><p>The pressure from elevated oil prices is already visible in India’s trade and inflation data.</p>
<div class="lb-trans"><p>来自高油价的压力在印度的贸易和通胀数据中已经显现。</p>
</div><p>India’s merchandise trade deficit widened to $28.38 billion in April, largely due to a sharp increase in crude oil imports, which climbed to a six-month high.</p>
<div class="lb-trans"><p>印度的商品贸易赤字在 4 月份扩大至 283.8 亿美元，主要由于原油进口急剧增加，达到了六个月来的最高水平。</p>
</div><p>Meanwhile, wholesale inflation in April accelerated to its highest level in three-and-a-half years, reflecting the impact of higher energy prices on domestic costs.</p>
<div class="lb-trans"><p>与此同时，4 月份的批发通胀加速至三年半以来的最高水平，反映出能源价格上涨对国内成本的影响。</p>
</div><p>Prime Minister Narendra Modi recently urged citizens to conserve fuel and foreign exchange, underlining growing concerns over the economic impact of rising oil prices.</p>
<div class="lb-trans"><p>印度总理纳伦德拉·莫迪最近呼吁公民节约燃料和外汇，强调对油价上涨经济影响的日益担忧。</p>
</div><h3>Higher US yields complicate outlook</h3>
<div class="lb-trans"><h3>美国收益率上升使前景复杂</h3>
</div><p>Apart from oil prices, rising US Treasury yields are adding another layer of pressure on the rupee.</p>
<div class="lb-trans"><p>除了油价， rising US Treasury yields 也给卢比带来了另一层压力。</p>
</div><p>The US 10-year Treasury yield recently climbed to its highest level in a year before easing slightly on Tuesday.</p>
<div class="lb-trans"><p>美国 10 年期国债收益率最近攀升至一年以来的最高水平，周二稍微回落。</p>
</div><p>The move has been driven by inflation concerns and growing expectations that the Federal Reserve could raise interest rates again this year.</p>
<div class="lb-trans"><p>这一变动是由于对通胀的担忧和市场对美联储可能在今年再次加息的预期增加所驱动。</p>
</div><p>Analysts said higher US yields could make it harder for India to attract the foreign capital needed to finance its widening current account deficit.</p>
<div class="lb-trans"><p>分析师表示，更高的美国收益率可能使印度更难吸引所需的外资，以融资其不断扩大的经常账户赤字。</p>
</div><p>The rise in yields has also strengthened the US dollar globally, further pressuring emerging market currencies, including the rupee.</p>
<div class="lb-trans"><p>收益率的上升也增强了全球美元的强势，进一步对包括卢比在内的新兴市场货币施加压力。</p>
</div><p>With crude oil prices remaining elevated and global financial conditions tightening, market participants are expected to closely monitor India’s external sector indicators and capital flow trends in the coming months.</p>
<div class="lb-trans"><p>随着原油价格保持高位和全球金融环境收紧，市场参与者预计将在未来几个月密切关注印度的外部部门指标和资本流动趋势。</p>
</div><p>The post Rupee hits record low as oil surge strains finances appeared first on Invezz</p>
<div class="lb-trans"><p>卢比创下历史新低，油价飙升加剧财政压力的文章首次出现在 Invezz 上。</p>
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由于油价飙升加剧财政压力，卢比创下历史新低