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Rupee Breaches 96.38 Mark As Relentless Dollar Rally Pushes Indian Currency To Fresh Record Low

Jyoti Rathi May 19, 2026 400 Views
Rupee Breaches 96.38 Mark As Relentless Dollar Rally Pushes Indian Currency To Fresh Record Low
The Indian rupee weakened beyond 96.3875 per US dollar, marking a new all time low for the currency. This sharp depreciation reflects a mix of global dollar strength, risk off sentiment and persistent external sector pressures, raising fresh concerns for inflation, imports and financial markets.
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