BIG NEWS
- Rupee falls to record low of 96.35 against dollar amid West Asia tensions, rising crude prices
- Bail is rule, jail exception even in UAPA cases: SC grants bail to narco-terror case accused
- Deeply concerned: India on drone strike near UAE's Barakah nuclear plant
- Indian rupee slides to all-time low as Iran war keeps oil prices elevated
- V D Satheesan sworn in as Kerala Chief Minister
- Fire breaks out in coach of Rajdhani Express in MP's Ratlam; no casualties
- Iran to collect fees under new Hormuz traffic system, says only friendly ships will benefit
- Andhra CM Naidu promises cash incentives for third, fourth child
- Reliance-Disney launch legal battle against Zee Entertainment over Bollywood films
- CBI arrests NEET paper leak 'kingpin' in Pune, professor linked to question paper panel
Indian rupee slides to all-time low as Iran war keeps oil prices elevated
Public Lokpal
May 18, 2026
Indian rupee slides to all-time low as Iran war keeps oil prices elevated
Mumbai: The Indian rupee fell to an all-time low on Monday as stubbornly high energy prices due to the Iran war sent global bond yields soaring, denting risk appetite and deepening economic headwinds confronting the world’s third-largest crude importer.
Mumbai: The Indian rupee fell to an all-time low on Monday as stubbornly high energy prices due to the Iran war sent global bond yields soaring, denting risk appetite and deepening economic headwinds confronting the world’s third-largest crude importer.The currency is Asia’s worst performer so far in 2026, and has declined 5.5% since the Iran war erupted on February 28. The currency’s decline on Monday marks a fifth consecutive session in which it has hit a record low.
