Rupee Hits Record Low at 94.05 Amid Middle East Tensions and Oil Price Surge

Mumbai:The Indian Rupee fell to a new all-time low on March 25, 2026, closing at 94.05 against the US Dollar. The currency has been under strong pressure throughout March.

What’s Happening?

• Rupee opened around 94.28 and weakened further
• Previous close was 93.97
• Foreign investors pulled out over ₹1 lakh crore this month

Why Rupee is Falling

• Middle East tensions (US, Israel, Iran conflict) creating global uncertainty
• Crude oil prices rising, increasing India’s import cost
• Heavy foreign investor selling in Indian markets
• Strong US Dollar putting pressure on emerging currencies

What Experts Say

• RBI is stepping in to control the fall by selling dollars
• If crude oil crosses $100/barrel, Rupee may fall to 95–97
• In worst-case scenario, it could even weaken towards 110/$

Impact on India

• Stock markets under pressure
• Sensex and Nifty seeing sharp declines
• Nifty struggling to stay above 22,500
• Inflation concerns rising