<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>印度盧比在週二跌至歷史新低，外部壓力不斷加大，繼續對該貨幣施加壓力。</p>
<p>與持續的伊朗衝突相關的油價上漲和美國國債收益率上升，加劇了對印度外部平衡的擔憂。</p>
<p>盧比貶值至每美元 96.44，突破了週一觸及的 96.3875 的前紀錄低點。</p>
<p>自 2 月底伊朗戰爭開始以來，該貨幣已下跌近 6%。</p>
<h3>油價加劇盧比壓力</h3>
<p>持續上漲的原油價格已成為印度經濟面臨的主要挑戰。</p>
<p>美國與伊朗的長期僵局使油市保持高位，增加了印度的進口成本，印度在原油進口上依賴嚴重。</p>
<p>油價上漲與資本流入疲軟的結合，正在擴大印度的外部失衡，使盧比面臨進一步貶值的風險。</p>
<p>經濟學家預計，印度的經常賬户赤字在本財政年度將顯著擴大。</p>
<p>分析師還警告稱，來自中東的匯款減少，以及由於對印度經濟增長前景的擔憂導致的投資組合流入減弱，可能進一步加大外部部門的壓力。</p>
<p>估計顯示，印度的國際收支赤字今年可能擴大至 650 億至 700 億美元之間。</p>
<p>如果實現，這將標誌着連續第三年的赤字，並突顯出該國外部狀況的持續壓力。</p>
<h3>滙豐銀行指出印度面臨雙重挑戰</h3>
<p>滙豐銀行表示，印度目前正面臨與外部部門相關的兩個主要經濟挑戰。</p>
<p>“印度面臨雙重挑戰：降低經常賬户赤字和吸引可持續的資本流入，” 滙豐在一份報告中表示。</p>
<p>該銀行補充道：“外匯市場壓力在貨幣貶值（這可以隨着時間的推移降低貿易赤字）和外匯儲備使用之間的持續分配應有所幫助。”</p>
<p>來自高油價的壓力在印度的貿易和通脹數據中已經顯現。</p>
<p>印度的商品貿易赤字在 4 月份擴大至 283.8 億美元，主要由於原油進口急劇增加，達到了六個月來的最高水平。</p>
<p>與此同時，4 月份的批發通脹加速至三年半以來的最高水平，反映出能源價格上漲對國內成本的影響。</p>
<p>印度總理納倫德拉·莫迪最近呼籲公民節約燃料和外匯，強調對油價上漲經濟影響的日益擔憂。</p>
<h3>美國收益率上升使前景複雜</h3>
<p>除了油價， rising US Treasury yields 也給盧比帶來了另一層壓力。</p>
<p>美國 10 年期國債收益率最近攀升至一年以來的最高水平，週二稍微回落。</p>
<p>這一變動是由於對通脹的擔憂和市場對美聯儲可能在今年再次加息的預期增加所驅動。</p>
<p>分析師表示，更高的美國收益率可能使印度更難吸引所需的外資，以融資其不斷擴大的經常賬户赤字。</p>
<p>收益率的上升也增強了全球美元的強勢，進一步對包括盧比在內的新興市場貨幣施加壓力。</p>
<p>隨着原油價格保持高位和全球金融環境收緊，市場參與者預計將在未來幾個月密切關注印度的外部部門指標和資本流動趨勢。</p>
<p>盧比創下歷史新低，油價飆升加劇財政壓力的文章首次出現在 Invezz 上。</p>

印度 MSCI ETF - iShares

美國能源 ETF - iShares

標普全球能源股指數 ETF - iShares

能源業 ETF - SPDR

美國石油設備與服務 ETF - iShares

煉油公司指數 ETF - VanEck Vectors

油氣服務 ETF - Market Vectors

動態石油天然氣服務 ETF - Invesco

美國 WTI 原油 ETF

美國油氣勘探與生產 ETF - iShares

<p>印度盧比因與伊朗衝突相關的油價上漲和美國國債收益率上升而跌至每美元 96.44 的歷史低點。自 2 月底以來，盧比已下跌近 6%，加劇了印度的外部失衡。經濟學家預測，印度的經常賬户赤字將顯著擴大，可能在今年達到 650 億至 700 億美元。滙豐銀行強調了減少赤字和吸引可持續資本流入的雙重挑戰，而高企的油價和上升的美國收益率則使經濟前景更加複雜</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>印度盧比在週二跌至歷史新低，外部壓力不斷加大，繼續對該貨幣施加壓力。</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>與持續的伊朗衝突相關的油價上漲和美國國債收益率上升，加劇了對印度外部平衡的擔憂。</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>盧比貶值至每美元 96.44，突破了週一觸及的 96.3875 的前紀錄低點。</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 月底伊朗戰爭開始以來，該貨幣已下跌近 6%。</p>
</div><h3>Oil prices intensify pressure on the rupee</h3>
<div class="lb-trans"><h3>油價加劇盧比壓力</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>持續上漲的原油價格已成為印度經濟面臨的主要挑戰。</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>美國與伊朗的長期僵局使油市保持高位，增加了印度的進口成本，印度在原油進口上依賴嚴重。</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>油價上漲與資本流入疲軟的結合，正在擴大印度的外部失衡，使盧比面臨進一步貶值的風險。</p>
</div><p>Economists expect India’s current account deficit to widen significantly during the current fiscal year.</p>
<div class="lb-trans"><p>經濟學家預計，印度的經常賬户赤字在本財政年度將顯著擴大。</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>分析師還警告稱，來自中東的匯款減少，以及由於對印度經濟增長前景的擔憂導致的投資組合流入減弱，可能進一步加大外部部門的壓力。</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>估計顯示，印度的國際收支赤字今年可能擴大至 650 億至 700 億美元之間。</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>如果實現，這將標誌着連續第三年的赤字，並突顯出該國外部狀況的持續壓力。</p>
</div><h3>HSBC flags dual challenge for India</h3>
<div class="lb-trans"><h3>滙豐銀行指出印度面臨雙重挑戰</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>滙豐銀行表示，印度目前正面臨與外部部門相關的兩個主要經濟挑戰。</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>“印度面臨雙重挑戰：降低經常賬户赤字和吸引可持續的資本流入，” 滙豐在一份報告中表示。</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>該銀行補充道：“外匯市場壓力在貨幣貶值（這可以隨着時間的推移降低貿易赤字）和外匯儲備使用之間的持續分配應有所幫助。”</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>來自高油價的壓力在印度的貿易和通脹數據中已經顯現。</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>印度的商品貿易赤字在 4 月份擴大至 283.8 億美元，主要由於原油進口急劇增加，達到了六個月來的最高水平。</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>與此同時，4 月份的批發通脹加速至三年半以來的最高水平，反映出能源價格上漲對國內成本的影響。</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>印度總理納倫德拉·莫迪最近呼籲公民節約燃料和外匯，強調對油價上漲經濟影響的日益擔憂。</p>
</div><h3>Higher US yields complicate outlook</h3>
<div class="lb-trans"><h3>美國收益率上升使前景複雜</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>除了油價， rising US Treasury yields 也給盧比帶來了另一層壓力。</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>美國 10 年期國債收益率最近攀升至一年以來的最高水平，週二稍微回落。</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>這一變動是由於對通脹的擔憂和市場對美聯儲可能在今年再次加息的預期增加所驅動。</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>分析師表示，更高的美國收益率可能使印度更難吸引所需的外資，以融資其不斷擴大的經常賬户赤字。</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>收益率的上升也增強了全球美元的強勢，進一步對包括盧比在內的新興市場貨幣施加壓力。</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>隨着原油價格保持高位和全球金融環境收緊，市場參與者預計將在未來幾個月密切關注印度的外部部門指標和資本流動趨勢。</p>
</div><p>The post Rupee hits record low as oil surge strains finances appeared first on Invezz</p>
<div class="lb-trans"><p>盧比創下歷史新低，油價飆升加劇財政壓力的文章首次出現在 Invezz 上。</p>
</div>

由於油價飆升加劇財政壓力，盧比創下歷史新低