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Indian Rupee Hits Record Low of 94.83 Against Dollar
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Indian Rupee Hits Record Low of 94.83 Against Dollar
C
CNBC Awaaz
•
27-03-2026, 14:45
Indian Rupee Hits Record Low of 94.83 Against Dollar
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Indian Rupee reached an all-time low of 94.83 per dollar.
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The rupee has weakened by over ₹3.70 per dollar in March.
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Reasons for decline include a strengthening dollar, rising crude oil prices, West Asia tensions, and foreign investor withdrawals.
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Weak rupee could increase import costs and inflation fears, but may benefit exporters.
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Experts predict continued pressure on the rupee due to global uncertainty, with dollar movement and crude oil prices dictating its future.
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