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Rupee hits record low near 96 vs USD

13 May 2026via Business StandardSource

Rupee hits record closing low near 96 against the dollar. The sharp depreciation raises concerns over import costs and inflation pressures. A weaker rupee may impact corporate earnings, especially for companies with high dollar-denominated debt. RBI may face pressure to intervene or adjust monetary policy.

📊 STOCKS: | 🏢 SECTOR: Macro | #HIGHIMPACT #Rupee

#Rupee#Currency#Forex#Inflation#RBI

⚠️ This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.

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