Home/Business/At the interbank foreign exchange market, the Rupee opened at 96.89 against the U.S. dollar, then slipped further to 96.90, registering a fall of 20 paise from its previous close
Rupee falls to record low of 96.90 against U.S. dollar in early trade
Published - May 20, 2026 10:55 am IST - Mumbai
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By Rasmi Ranjan KhuntiaPublished: May 20, 2026, 12:11 PM •1 min read •17 Views
The Rupee depreciated 20 paise to an all-time low of 96.90 against the U.S. dollar in early trade on Wednesday (May 20, 2026) weighed down by a strong dollar and elevated crude oil prices amid simmering Iran-U.S. tensions.
Forex traders said the outflow by Foreign Institutional Investors (FIIs) and decline in equity benchmark indices also pressured the Rupee.
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