Rupee hits record low, falls to 96.47 against US dollar:Crossed ₹90 for the first time in December 2025, raising inflation concerns

The rupee fell by 18 paise against the dollar today, May 19, reaching a record low of 96.47 for the first time. Earlier on Monday, the rupee had closed at 96.29. The rupee has been continuously falling for the past few days. The rupee has been under pressure since the beginning of 2026. For the first time, the rupee crossed the 90 level in December 2025. This has increased the risk of rising inflation.
Market experts believe that if crude oil prices continue to rise and geopolitical tensions do not ease, the rupee could soon touch the 100 level. Major reasons for the rupee’s fall Risk of Inflation in India Due to Expensive Dollar The Middle East conflict is considered the most severe energy crisis in decades, directly impacting India. How is the value of a currency determined? If the value of a currency falls against the dollar, it is called currency depreciation or weakness (currency depreciation). Every country has foreign currency reserves, which are used for international transactions. Fluctuations in these reserves affect the currency.
If India’s foreign reserves have sufficient dollars, the rupee will remain stable. If dollars decrease, the rupee will weaken; if they increase, it will strengthen. ​