The Rupee Cracks the 95 Mark: What India's Currency Slide Means for You Today

Ashik May 11, 2026 350 Views

The Indian rupee weakened sharply to 95 per US dollar on Monday, marking a 0.56% single-day decline. The slide reflects mounting pressure from global risk-off sentiment, geopolitical tensions, and a strengthening dollar, raising concerns for importers, inflation, and India's current account outlook.