Rupee hits all-time low of 95.74 vs USD as outflows wipe comfort from gold duty hike

May 13, 2026

The Indian rupee hit a new all-time low on Wednesday, falling 0.1% to 95.7450 per dollar. This decline was driven by consistent overseas debt repayments and importer hedging, overshadowing any relief from increased duties on precious metal imports. The ongoing U.S.

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