3 months ago
2
The rupee fell 4 paise to 91.89 against U.S. dollar successful aboriginal commercialized connected Wednesday (March 11, 2026) weighed down by FII outflows and the unrelenting struggle successful the Middle East.
However, a weaker greenback and falling planetary crude lipid prices prevented sharper nonaccomplishment successful the section unit, according to forex traders.
At the interbank overseas exchange, the rupee opened astatine 91.92 against the U.S. dollar earlier rising to 91.89, down 4 paise from its erstwhile close.
The rupee staged a beardown betterment from its grounds debased against the U.S. dollar connected Tuesday, gaining 36 paise to settee astatine 91.85.
"The rupee fell to 92.19 levels connected Tuesday but was capable to summation backmost connected flows from SBI Bond contented and the Reserve slope of India (RBI) selling astatine 92.00 levels. The RBI is intelligibly uncomfortable with the rupee falling again and again and has ensured that the level of 92.00 is not breached astatine slightest for now," Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, said.
"For the day, we expect the rupee to commercialized successful the scope of 91.50-92.10," helium added.
Meanwhile, Brent crude, the planetary lipid benchmark, was trading little by 0.38% astatine $87.47 per tube successful futures trade.
The dollar index, which gauges the greenback's spot against a handbasket of six currencies, was trading 0.04% little astatine 98.78.
On the home equity marketplace front, the Sensex dropped 96.12 points to 78,109.86 successful the greeting league portion the Nifty was down 22.95 points to 24,238.65.
Foreign organization investors sold equities worthy ₹4,672.64 crore connected a nett ground connected Tuesday, according to speech data.
