The Indian rupee hits a record low of 96/USD as rising oil prices complicate economic challenges.
The Indian rupee fell to an all-time low on Friday, as oil prices neared $110 per barrel, deepening challenges for India's external sector, which have started to reflect in economic indicators.
The rupee fell 0.3% to 96.05 per US dollar, eclipsing its previous all-time low of 95.9575 in the previous session.
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Published on May 15, 2026
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Rupee hit a fresh record low of 96.07 against the US dollar on Friday, extending its losing streak over three straight sessions…
The rupee opened on a weaker note and fell 30 paise to 95.94 on Friday after hitting new lows over three straight sessions, as…
