EconomyWednesday, 20 May 2026·The Hindu - International
Rupee hits record low of 96.90 per U.S. dollar: key forex fact for TNPSC
On 20 May 2026, the rupee fell to 96.90 per U.S. dollar in interbank trade, a record low that is relevant for economy-based MCQs.
Key highlights
Direct fact
On 20 May 2026, the Indian rupee opened at 96.89 and slipped to 96.90 against the U.S. dollar in the interbank foreign exchange market, marking a record low and a fall of 20 paise from the previous close.
Key specifics
- Interbank foreign exchange market: the rupee traded at 96.89 and then 96.90 per U.S. dollar.
- The fall was 20 paise from the previous close, a standard forex movement measure.
- The currency level mentioned is a record low of 96.90 against the U.S. dollar.
- The news item is dated 20 May 2026, making it a current economy fact.
- MCQ angle: exchange rate, interbank market, and record-low currency value are the key terms.
Exam lens
Question type: Economy and current affairs, exchange-rate terminology, record-low currency value, interbank market. TNPSC one-liner: “In May 2026, the rupee touched 96.90 per U.S. dollar in interbank trade, a record low and a 20-paise fall from the previous close.”