Indian Rupee Weakens by 13 Paise to 92.43 Against US Dollar

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Rupee Plunges 13 Paise to 92.43 Against US Dollar Amid Fund Outflows, Oil Surge

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News18•16-03-2026, 09:45

Rupee Plunges 13 Paise to 92.43 Against US Dollar Amid Fund Outflows, Oil Surge

•The rupee fell 13 paise to 92.43 against the US dollar in early trade on Monday, March 16.
•Massive foreign fund withdrawals, surging crude oil prices, and geopolitical uncertainties weighed on the currency.
•Volatile sentiment in domestic equity markets further dragged the rupee down.
•Foreign institutional investors sold equities worth Rs 10,716.64 crore on a net basis on Friday.
•India's forex reserves dropped by USD 11.683 billion to USD 716.810 billion for the week ended March 6.

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