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Rupee slides to 95.33 per dollar as oil jumps past 125 a barrel
Economy
Published on 1 May 2026
RBI stepped in just as 95 per dollar loomed
The Indian rupee fell to an all-time low of 94.90 per dollar, dipping intraday to 95.33, as crude oil prices crossed $125 a barrel. RBI intervention helped limit further losses, with the central bank focused on keeping the rupee above the key 95 level. Markets now watch for further FX volatility.
- Rupee hit a record low of 94.90 per dollar and 95.33 intraday
- Oil prices above $125 are adding pressure to the currency
- RBI intervention helped pare losses during the session
- The 95 per dollar level remains the critical threshold
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times