Indian Rupee Strengthens by 2 Paise to 92.28 Against US Dollar

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Rupee gains 2 paise to 92.28 against US dollar; crude, FII outflows cap gains

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News18•16-03-2026, 20:45

Rupee gains 2 paise to 92.28 against US dollar; crude, FII outflows cap gains

•The rupee strengthened by 2 paise to settle at 92.28 against the US dollar on Monday.
•It was supported by firm domestic equity markets and a weak greenback against major currencies overseas.
•Gains were restricted by surging crude oil prices and foreign funds outflows triggered by geopolitical uncertainties.
•The Reserve Bank of India intervened in FX markets to stabilize the currency and prevent excessive volatility.
•Foreign institutional investors sold equities worth Rs 9,365.52 crore; global monetary policies to influence future.

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