USD/INR surges as Iran vows retaliation against Trump's 48-hour ultimatum
USD/INR refreshes all-time highs near 93.70 as Indian Rupee deteriorates further
USD/INR opens flat as Fed's policy comes under the spotlight
USD/INR outlook: Oil prices, capital outflows and Fed policy keep rupee under pressure near record highs.
USD/INR corrects at open on hopes of Strait of Hormuz reopening
USD/INR inches lower after reaching fresh highs
The Indian rupee continued its crash today, March 12, reaching its lowest level on record. The USD/INR exchange rate jumped to a record high of 92.28, up by 10% from its lowest level in April last year.
Indian Rupee remains under pressure as USD/INR nears record highs
A Historic Plunge On March 9, 2026, saw the Indian rupee (INR) climate to a new all-time Low against the US dollar (USD), on an intraday basis sinking down to 92.528. This steep drop is lead primarily by an unprecedented jump in global crude oil prices after the escalation of the Middle East conflict and the effective closure of the Strait of Hormuz.
USD/INR eyes lifetime highest closing near 92.80 amid energy supply shocks
USD/INR refreshes all-time highs as Iran war rages on
The US Dollar to Indian Rupee exchange rate strengthened to around 91.90 this week, extending a broader upward trend that has seen the Rupee weaken steadily over recent months. Although the Indian currency managed a brief recovery between early February and early March following the reduction of US tariffs to 10%, analysts at Natixis say.