The rupee fell 67 paise to close at an all-time low of 92.16 against the US dollar. ADVERTISEMENTIn the interbank foreign exchange market, the rupee opened at 92.05 and slid to an intraday record low of 92.35 before settling at 92.16. Elevated crude prices will continue to weigh on the rupee, with the Strait of Hormuz situation remaining the key variable. Any prolonged disruption could push oil prices higher and drive USD-INR upward. Foreign portfolio inflows, which showed signs of recovery in February, could reverse amid currency volatility.

Source: The Telegraph March 05, 2026 00:28 UTC