March 22, 2026 04:58 pm (IST)
Indian rupee hits 11-month high against dollar
New Delhi, May 16 (IBNS): On a day when riding on a tsunami of popular support Bharatiya Janata Party (BJP)'s prime ministerial candidate Narendra Modi scripted a historic win for the National Democratic Alliance (NDA) and earned a single majority for his own party, Indian rupee on Friday closed at a 11-month high at 58.79 against the US dollar.
The rupee opened past 59 per dollar, a figure last seen on July 29, 2013.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
India hits 1 billion tonne coal milestone—Again!
Sat, Mar 21 2026
Charge_iN by Mahindra signs strategic agreement with HPCL to develop EV charging infrastructure at HPCL retail outlets
Fri, Mar 20 2026
Bank of Baroda becomes the first bank to launch credit line on UPI - OD facility for women SHG members
Fri, Mar 20 2026
₹10 lakh cover, free services & more: TVS Motor Company rolls out big benefits with King Ka Vaada 3.0
Fri, Mar 20 2026
Rupee hits record low, breaches 93 against US dollar for first time
Fri, Mar 20 2026
Market rebounds: Sensex jumps 900 pts, Nifty gains after rout
Fri, Mar 20 2026
How to Figure Out Your EMI for a ₹50 Lakh Home Loan
Thu, Mar 19 2026
HDFC Bank shares drop 8% as Atanu Chakraborty steps down as chairman
Thu, Mar 19 2026
