Business Economy


Indian Rupee hits all-time low of 96.25

New Delhi, May 18 (UNI) The Indian Rupee on Monday opened on a weak note hitting an all-time low of 96.25 in early trade. The Rupee opened at 96.19, then fell further to 96.25 against the US dollar, registering a fall of 44 paise from its previous close.
According to the forex experts, high crude oil prices, and a stronger US dollar have created a volatile situation of the domestic currency amid the ongoing geopolitical tensions.
On Friday, the rupee had crashed below the 96-per-dollar mark before closing at an all-time low of 95.81 against the US dollar.
Rising crude oil prices are also adding to the worries of the Indian Rupee. Brent Crude prices have spiked around 2% following the latest reports on escalation of the West Asia war.
A recent drone strike has led to the massive fire at a nuclear power plant in the United Arab Emirates (UAE). US President Donald Trump has also warned Iran saying it must act fast to end the war.
The Indian Stock Markets also witnessed bloodbath with the Sensex falling over 1000 points in a day. During the intraday trade, Sensex crashed more than 1,000 points, or over 1%, to 74,180, while the Nifty 50 tanked over 1% to the day's low of 23,317.
Foreign investors continued to take exit from the Indian equities as they withdraw Rs 27,048 crore so far this month. As per the data from NSDL, the total outflows by Foreign Portfolio Investors (FPIs) from the equity market have reached Rs 2.2 trillion in 2026. This is higher than the Rs 1.66 trillion pulled out during the entire 2025.
The foreign investors' mood indicate cautiousness among global investors amid an evolving global macroeconomic and geopolitical environment.
FPIs were net sellers in all months of 2026, except February as they withdrew Rs 35,962 crore in January before turning net buyers in February, when they invested Rs 22,615 crore, the highest monthly inflow in 17 months. UNI VK SAS AAB
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