WORLDglobal
Rupee hits record low: Tumbles to 93.94 against US dollar amid Middle East tensions
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Updated 2 hours ago
First seen March 23, 2026 06:35:19Stay on top of this story
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Quick Summary
The Indian Rupee hit a record low against the US dollar, plummeting to 93.86 amid escalating Middle East tensions and fears of disrupted energy supplies. Crude oil prices have surged over 50% this month, exacerbating the currency's weakness. Indian stock markets also experienced a significant downturn, reflecting the global economic strain.