The Indian rupee has fallen to a record low of 95.20 against the dollar today i.e. on April 30. The decline was caused by the Middle East war and energy supply disruptions. According to foreign brokerage firm Bernstein, the rupee may go up to 98 if the Iran war continues. This decline in rupee is being seen due to continuous selling by foreign investors (FPI) and increasing trade tensions at the global level. The rupee has been under pressure since the beginning of 2026. Last year, in December 2025, the rupee had crossed the 90 level for the first time. Dollar becomes expensive, danger of rising inflation in India. The Middle East conflict is being considered as the most serious energy crisis in decades, which is directly impacting India. How is the value of currency determined? If the value of a currency decreases against the dollar, it is called currency depreciation. Every country has foreign currency reserves, through which international transactions take place. Its increase and decrease affects the currency. If there are enough dollars in India’s foreign reserves, the rupee will remain stable. If the dollar decreases, the rupee will weaken; if it increases, it will become strong.
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Rupee hits record all-time low: Price of 1 dollar becomes 95.20 rupees, due to which there is a danger of inflation increasing.
