Rupee Hits Record Low: 1 Dollar Nears 94 Rupees Amidst Foreign Fund Outflow

• Indian Rupee falls to an all-time low of 93.75 per dollar (provisional) on March 20, 2026, a drop of 86 paise.
• The decline is attributed to continuous outward flow of foreign funds, strong dollar position, and rising crude oil prices.
• Foreign Institutional Investors (FIIs) selling pressure and increased dollar demand from importers, especially oil companies, contributed to the fall.
• Economists warn of potential price increases for imported goods like fuel and electronics, impacting common people.
• RBI may intervene, but pressure on the rupee is expected to continue if international market conditions do not normalize.