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Rupee closes at record low of about 92.40 per dollar on oil-price shock.
17 Mar 2026
Timeline
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Economy
Rupee closes at record low of about 92.40 per dollar on oil-price shock12
The rupee closed at a then-record low of about 92.40 against the US dollar on 17 March 2026 as crude prices rose and foreign funds left, and kept sliding to 93.53 by 20 March.
- Rupee closed at a then-record low of 92.40 (provisional) on 17 March 2026, down 12 paise (one later report gives 92.37)
- Pressure from higher crude prices and foreign fund outflows tied to West Asia tensions
- It kept sliding: past 92.48 on 19 March and an all-time low close of 93.53 on 20 March
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Economy
Rupee breaches 90 per US dollar for the first time34
The Indian rupee settled at a then-record low of 90.21 against the US dollar on 3 December 2025, its first close beyond 90, after touching 90 intraday on 2 December. Foreign fund outflows and higher crude prices were blamed.
- First close beyond 90 per USD on 3 December 2025 (touched 90 intraday on 2 December)
- Closed at then-record 90.21 (provisional), down 25 paise
- Intraday low reported about 90.30
- Previous record close 89.96 on 2 December
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