Rupee Nears 96 Against Dollar, Becomes Asia’s Worst-Performing Currency In 2026

Indian rupee hits record 95.96 per US dollar in 2026, worst in Asia, driven by Iran US war, high crude, FII outflows and low forex reserves, raising inflation and import cost risks

May 15, 2026 - 05:30
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Rupee Nears 96 Against Dollar, Becomes Asia’s Worst-Performing Currency In 2026
Indian rupee hits record 95.96 per US dollar in 2026, worst in Asia, driven by Iran US war, high crude, FII outflows and low forex reserves, raising inflation and import cost risks

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