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The rupee breached the 94.50-mark for the archetypal clip against the U.S. dollar during intra-day commercialized connected Friday (March 27, 2026) and deed a grounds debased of 94.56, weighed down by elevated lipid prices and a stronger greenback amid nary breakthrough successful the West Asia conflict.
A crisp diminution successful the home equity markets and sustained FII outflows enactment further unit connected the section unit, according to forex traders.
At the interbank overseas exchange, the rupee opened astatine 94.18 and kept sliding to deed 94.56 against the US dollar during intra-day trade, down 60 paise from its erstwhile close.
The rupee slumped 20 paise to adjacent astatine a grounds debased of 93.96 against the U.S. dollar connected Wednesday (March 25). Stock, forex, commodity, and bullion markets remained closed connected Thursday connected relationship of Ram Navami.
“With accordant buying from lipid companies, the rupee breached 94.50 with exporters holding their inflows, portion importers bargain dollars for their payables,” Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said.
The dollar index, which gauges the greenback’s spot against a handbasket of six currencies, was trading 0.08 per cent higher astatine 99.67.
Brent crude, the planetary lipid benchmark, roseate sharply overnight earlier easing marginally to USD 107.4 per barrel, down 0.53 per cent, successful futures trade.
On the home equity marketplace front, the Sensex was trading 1,212.15 points, oregon 1.61 per cent, down astatine 74,061.30, portion the Nifty slumped 355.20 points, oregon 1.52 per cent, to 22,951.25.
Foreign organization investors sold equities worthy Rs 1,805.37 crore connected a nett ground connected Wednesday, according to speech data.
