The Indian rupee continued its decline against the US dollar, falling 18 paise to 96.38 amid rising crude oil prices and Middle East tensions. The currency has lost over 5% since late February, with concerns over geopolitical instability and foreign portfolio investor outflows pressuring its value.
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No relief for rupee: Currency slips to 96.38 against US dollar amid Middle East tensions
- by The News Vista
- May 19, 2026
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- 56 minutes ago

