Big fluctuations were seen in the Indian currency market today i.e. on 12th May. The Indian rupee fell by 19 paise to an all-time low of 95.50 against the US dollar. This is a sign of continued weakness, which has increased concerns in the economic markets.
What was the reason for the decline?
According to foreign exchange market experts, this fall in the rupee is mainly due to international developments. Uncertainty has increased in global markets after the recent statement of US President Donald Trump. Trump described the ceasefire with Iran as weak, raising fears of a resurgence in geopolitical tensions. This statement had a direct impact on the prices of crude oil, which went up rapidly. Brent crude oil prices rose to beyond $105 per barrel. For an import-dependent country like India, rising oil prices put additional pressure on the rupee.
trend of last days
Earlier on Monday, the rupee had closed at the level of 95.31. At the same time, last week also it had fallen to a low level of 95.43. In this way, the continuously weakening trend has increased the concern in the market. Experts say that the pressure on the rupee is not just a one-day phenomenon, but is part of an ongoing trend.
Rupee under continuous pressure in 2026
The Indian rupee has remained under pressure since the beginning of the year 2026. Its weakness against the dollar is continuously increasing. Last year, in December 2025, the rupee had crossed the level of 90 for the first time, which was considered a big psychological level at that time. Since then, the trend of fluctuations and decline in rupee continues.
impact of global causes
Economists believe that along with domestic reasons, international factors are also responsible for the weakness of the rupee. Among these, the main ones are the increase in crude oil prices, global political tension and the strengthening of the US dollar.
