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Home / Business / Rupee hits record low

Rupee hits record low

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PTI
Mumbai, Updated At : 12:52 AM May 06, 2026 IST
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The rupee fell 2 paise to close at an all-time low of 95.25 (provisional) against the US dollar on Tuesday, as investors are retreating from riskier assets amid renewed clashes in the Gulf and targeting of UAE infrastructure, which have reignited supply chain fears.

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Forex traders said Brent oil, hovering near $110 per barrel, was maintaining pressure on oil-importing economies like India.

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