Rupee falls 82 paise to record low of 93.71
after close1 source ↓written by the desknot a recommendation
- against the U.S
- 93.71
The Indian rupee crashed 82 paise to an all-time low of 93.71 against the U.S. dollar on 20 Mar 2026. This decline was driven by persistent foreign fund outflows and rising crude oil prices amid geopolitical tensions. Forex traders noted that the rupee's depreciation could widen the trade deficit and increase inflationary pressures.
• Opened at 92.92, breached 93-mark for the first time
• Previous close was 92.89, down 49 paise on 18 Mar 2026
The ongoing geopolitical uncertainty continues to weigh on investor sentiment.
Not investment advice. For informational purposes only.