Rupee hits record intraday low of 95.34 against U.S. dollar amid West Asia standoff

The rupee on Thursday (April 30, 2026) hit a lifetime intraday low of 95.34 against the U.S. dollar before trading at 95.25 in the mid-session deals, tracking surging global crude oil prices and selling in domestic equities amid the West Asia crisis.

Meanwhile, the U.S. Fed kept rates unchanged amid strong inflation pressure triggered by high crude prices.

At the interbank foreign exchange market, the rupee opened at 95.01 against the dollar, then lost 46 paise to touch a record intraday low of 95.34. In the afternoon session, the domestic currency was trading 37 paise lower at 95.25.