Indian Rupee Dips 16 Paise, Settles at 92.01 Against US Dollar

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Rupee Plunges 16 Paise to 92.01 Against US Dollar Amid Rising Crude, West Asia Tensions

Representational image (Image: News18)

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News18•11-03-2026, 16:00

Rupee Plunges 16 Paise to 92.01 Against US Dollar Amid Rising Crude, West Asia Tensions

•The rupee declined 16 paise to settle at 92.01 (provisional) against the US dollar on Wednesday.
•A sharp rise in global crude oil prices and a stronger greenback, fueled by the war in West Asia, weighed on the currency.
•FII outflows and weak sentiments in the domestic equity markets further pressured the local unit.
•Brent crude surged over 5% to USD 92.58 per barrel; Sensex tumbled 1,342 points and Nifty plummeted 394 points.
•Anuj Choudhary of Mirae Asset ShareKhan noted risk-off sentiments and geopolitical developments continue to impact the rupee.

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