Rupee Tumbles to All-Time Low of 92.52 Against Dollar as Crude Jumps to over $100

Rupee tumbles to all-time low of 92.52 against dollar as crude jumps to over $100

Spike in global oil prices and strong demand for the greenback from importers weigh on the Indian currency; analysts see potential RBI intervention if volatility rises.

Rupee sinks to all-time low of Rs 92.30 against US dollar as oil prices rise

The rupee slipped in early trade as investors turned cautious amid escalating geopolitical tensions in the Middle East and a sharp spike in global oil prices.

Rupee hits all-time low of 92.52 against US dollar amid surge in crude oil prices

NEW DELHI: The Indian rupee opened at an all-time low against the US dollar on Monday amid a sharp surge in crude oil prices and rising demand for the greenback. The rupee opened at 92.20 against the US dollar and further weakened to 92.528 per USD during early trade. Currency experts noted that the domestic currency is facing pressure due to the sharp rise in crude oil prices, which surged around 25 per cent on Monday to USD 116 per barrel. Mar…

Rupee Plummets to Record Low of 92.33 as Oil Shocks Global Markets - Business League

The Indian Rupee has entered unchartered territory as the “oil shock” of 2026 begins to bite. On Monday, March 9, the currency breached the psychological barrier of 92, hitting a record low of 92.33 per US Dollar. The decline is a direct consequence of the escalating conflict in West Asia, which has not only disrupted the Strait of Hormuz but has also seen Brent crude surge to its highest levels in over three years. For India, the world’s third-…