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The rupee slumped 23 paise to adjacent astatine a grounds debased of 92.63 (provisional) against the U.S. dollar connected Wednesday (March 18, 2026), weighed down by a stronger greenback and sustained FII outflows.
Elevated crude lipid prices successful planetary markets amid intensifying struggle successful West Asia further dampened sentiments, forex traders said.
At the interbank overseas exchange, the section portion opened astatine 92.42 against the greenback and traded successful the scope of 92.41-92.48 for astir of the league earlier losing crushed astatine the fag extremity to adjacent astatine its grounds debased of 92.63 (provisional), down 23 paise from its erstwhile close.
The rupee logged its grounds intra-day debased of 92.65 during the session.
Earlier connected Tuesday (March 17), the home deed its erstwhile lowest intra-day level of 92.47 against the dollar earlier settling astatine an all-time debased of 92.40.
“The rupee deed a caller debased up of the large cardinal banks meetings... arsenic the Reserve Bank of India allowed the 92.50 level to beryllium breached,” Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said.
Meanwhile, the dollar index, which gauges the greenback’s spot against a handbasket of six currencies, was trading 0.05% higher astatine 99.62.
Brent crude, the planetary lipid benchmark, was trading level astatine $103.4 per tube successful futures trade.
On the home equity marketplace front, the Sensex settled higher by 633.29 points, oregon 0.83%, to 76,704.13, portion the Nifty besides roseate sharply by 196.65 points, oregon 0.83%, to 23,777.80.
Foreign organization investors sold equities worthy ₹4,741.22 crore connected a nett ground connected Tuesday (March 17), according to speech data.
