Rupee hits 96 against USD: How can falling currency impact your investments and how to protect them?
· livemint.com
A falling rupee leads to higher inflation and, in turn, higher interest rates, which adversely impact corporate profitability and share prices. It can lead to higher yields on G-secs, lower bond prices and a fall in bond fund NAVs. However, international mutual funds benefit from INR depreciation.
On 20 May 2026, the Indian rupee (INR) hit an all-time low of ₹96.96 against the US dollar (USD). While the INR has depreciated by an average of 4-5% annually...