Rupee with respect to other currencies
| Date | 1 $ = ? ₹ | |
|---|---|---|
| 18.05.2026 | 96.25 | |
Advantages while ₹ depreciates
Disadvantages while ₹ depreciates
Reasons for depreciation
December 2025
- Rise in international crude oil prices
- Dollar demand by importers
- Heavy buying by the FPIs
- Stakes were sold in various companies due to high valuation
- Repayment by corporates and central government
- Gold buying
May 2026
Rupee will be affected the most as rising oil prices increases the outflows of US dollar along with the outflows already happening due to FPIs
December 2025
Rupee falls to an all time low of 89.79 against Dollars
Dollar Index
The dollar index which gauges the greenback's strength against a basket of six currencies for trading 0.04% higher at 99.50
Brent Crude $63 per barrel
The Brent crude, the global oil benchmark rose 1.96% to USD 63 .60 per barrel in the futures trade Business Standard
May 2026
18. 05. 2026
₹ crashed below 95 mark
At the interbank foreign exchange market, the rupee opened at 96.19, then fell further to 96.25 against the US dollar, registering a fall of 44 paise from its previous close.
On Friday, the Indian rupee crashed below the 96/$mark on Friday before closing at an all-time low of 95.81 against the US dollar.
94.8095.10 is expected to act as an important support zone for USDINR, while 96.0096.50 remains a strong resistance area in the near term
Brent Crude at $111 per barrel
Brent crude, the global oil benchmark, was trading up 1.83 per cent at $111.26 per barrel in futures trade.
Measures taken to prevent the downfall
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on May 13, hiked import duty on precious metals - gold, and silver - from 6 per cent to 15 per cent.
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The effective duty (including 3 per cent IGST) is over 18 per cent.
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hiked to control the outflow of forex by curbing non-essential imports. Business Standard