Rupee Hits Historic Low of 95.21/$, Drops 4.22 Rupees in a Month

• Indian Rupee plunged to an all-time low of 95.21 against the US dollar, marking a 4.22 rupee fall in March 2026.
• Intra-day trading saw a significant drop of 1 rupee 61 paise, indicating high market volatility.
• Key factors include FPI fund withdrawals, rising crude oil prices, strong US dollar, and global risk-off environment.
• India's Current Account Deficit and uncertainty in India-US trade relations also contribute to the Rupee's weakness.
• A weaker Rupee makes imports more expensive, potentially leading to higher inflation and impacting common citizens.