Rupee slumped 69 paise to an all-time low of 92.18 against the US dollar in early trade on Wednesday, as a sharp spike in crude oil prices amid geopolitical tensions following the escalation of the US–Iran conflict weighed on investor sentiment. ADVERTISEMENTAt the interbank foreign exchange market, the rupee opened at 92.05, then fell to an early low of 92.18 against the American currency, registering a fall of 69 paise from its previous close. Moreover, persistent foreign capital outflow from the equities, and fears grow that expensive imports will hurt the trade balance. 35 in early trade. Except for the headline, this story has not been edited by The Telegraph Online staff and has been published from a syndicated feed.

Source: The Telegraph March 04, 2026 04:42 UTC