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 against the USD, the fall in the last one year has been much higher. Over the last one year, the INR has depreciated from around ?85 to around ?96, resulting in a depreciation of more than 12%. In this article, we will examine how rupee depreciation impacts your investments and how you can guard your investment portfolio.Impact of a falling rupee on equity investmentsA depreciating rupee leads to costlier imports….