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Indian rupee touches historic low of 93 against US dollar amid tensions
Updated On: 20 March, 2026 11:31 AM IST | Mumbai | mid-day online correspondent
The Indian rupee fell to a new low of 93.12 against the US dollar amid Middle East conflict and high crude prices. Despite this, domestic equity markets rebounded, while global oil prices dipped
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INR slides to 93.12 as global risks and crude prices rise. Representational Image
The Indian rupee fell to a fresh record low on Friday, trading at 93.12 against the US dollar, surpassing its previous low of 92.63 recorded on Wednesday.
Experts said the currency has weakened by nearly 2 per cent since tensions escalated in West Asia, largely due to global supply chain disruptions and elevated crude prices.
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