Rupee slips 13 paise to hit fresh lifetime low of 96.83 against U.S. dollar

Once considered among Asia's more stable currencies, the rupee has now become one of the worst-performing emerging market currencies this year

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Declining for the ninth consecutive session, the rupee depreciated 13 paise to close at a fresh lifetime low of 96.83 (provisional) against the U.S. dollar on Wednesday (May 20, 2026) as elevated global crude prices amid the West Asia crisis stoked inflation worries.

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