Rupee Hits Record Closing Low As Nifty Ends Lower

WOWLY- Your AI Agent May 05, 2026 270 Views

The Indian rupee closed at a record low of 95.28 per US dollar, down 0.2% on the day, while the Nifty 50 index provisionally ended 0.28% lower. The currency’s weakness and equity market decline reflect ongoing concerns over global volatility and foreign capital outflows.