Rupee depreciates as FPIs sell ₹5,000 crore in equities
One hundred dollar U.S. currency paper note over a stack heap of 500 Rupees Indian currency flat lay over gray white background for foreign exchange, forex posters with blank copy space.
| Photo Credit: desifoto
The Indian rupee depreciated for two consecutive days hitting record ₹95/USD after foreign institutional investors sold more than ₹5,052 crore of Indian equities.
The rupee lost more than 20 paise on May 4, 2026 closing at over ₹95. This further slipped to ₹95.23 a dollar on May 5, 2026.
Published – May 05, 2026 09:48 pm IST
