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⚡Rupee Weakens to Record 92.33 per Dollar As Oil Price Surge Pressures Currency

By Kabir

Indian rupee plunged 46 paise to 92.28 against the U.S. dollar in early trade on Monday, March 9, 2026, as soaring global crude oil prices and intensified geopolitical conflict in West Asia triggered a sharp sell-off in domestic markets. The local currency is now approaching its all-time intra-day low of 92.48, fueled by a strengthening greenback and massive outflows of foreign capital.

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