Rupee hits record low of 96.90 against dollar
pre-market1 source ↓written by the desknot a recommendation
- to an all-time
- 20 paise
- against the U.S
- 96.90
- early trade
- 20 May 2026
The Rupee fell 20 paise to an all-time low of 96.90 against the U.S. dollar in early trade on 20 May 2026. This decline is attributed to a strong dollar, rising crude oil prices, and outflows by Foreign Institutional Investors (FIIs).
Traders are concerned as the depreciation may impact import costs and inflation, adding pressure on the economy.
Not investment advice. For informational purposes only.