Rupee hits record intra-day low in early trade, falls 12 paise to 92.37 against US dollar

March 13, 2026

The Indian rupee hit a new all-time low against the dollar on Friday, driven by concerns over sustained high oil prices and the ongoing Middle East conflict. Despite a significant decline since the Iran war began, the rupee has shown resilience compared to other emerging markets due to interventions by the Reserve Bank of India.

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