Rupee record low 96.89 May 20 2026: Iran war deadlock, $22 billion FII outflow, Brent up 50%
The Indian rupee crashed to a fresh all-time low of 96.8900 per US dollar at 9:03 AM IST on May 20, 2026, extending its relentless decline as a deadlock in US-Iran peace talks kept oil prices elevated, global bond yields at multi-year highs, and foreign capital flowing out of Indian markets at a pace not seen since the COVID-era shock…
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