Indian Rupee: Record low deepens against US Dollar – MUFG

MUFG’s Michael Wan notes that the Indian Rupee (INR) has been the weakest major Asian currency in 2026, sliding to a record low above 96 per US Dollar (USD) and losing about 5.5% since the Iran conflict began.

Indian Rupee: Record low deepens against US Dollar – MUFG
MUFG’s Michael Wan notes that the Indian Rupee (INR) has been the weakest major Asian currency in 2026, sliding to a record low above 96 per US Dollar (USD) and losing about 5.5% since the Iran conflict began.

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