Rupee hits record low of ₹95.16 against dollar
pre-market1 source ↓written by the desknot a recommendation
- on 4
- ₹95.16 per USD
- year-to-date
- 5.5% decline
The Indian rupee fell to ₹95.16 per USD on 4 May 2026, marking a 5.5% decline year-to-date. This depreciation raises concerns for personal finances, especially for those planning international travel or taking loans. Steve Hanke warns that further weakness may prompt the Reserve Bank of India to consider measures like dollar deposit schemes to attract foreign investment.
Not investment advice. For informational purposes only.