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Indian Rupee Strengthens 3 Paise to 92.39 Against Dollar on Positive Risk Sentiment
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Rupee Gains 3 Paise Against Dollar Amid Improved Sentiment, RBI Watch
M
Moneycontrol
•
17-03-2026, 09:37
Rupee Gains 3 Paise Against Dollar Amid Improved Sentiment, RBI Watch
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Rupee opens 3 paise higher at 92.39 against the dollar on March 17.
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Improved global risk sentiment and a breather in the oil rally supported the currency.
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Reserve Bank of India (RBI) aggressively intervened, selling dollars to defend the 92.50 mark.
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Brent crude remains above $100, but sentiment improved after Iran allowed ships through the Strait of Hormuz.
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Traders expect more oil reserves release by International Energy Agency (IEA) member countries.
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