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Searched Tag: rate of us dollar today
Rupee hits record low of 92.32 amid Strait of Hormuz crisis; LNG shortages force hospitality shutdowns across India.

Rupee crashes 31 paise to 92.32 against US dollar

March 12, 2026, 10:35 AM - 2 min read

LNG production in Qatar has also been reduced to just 25 per cent of normal levels after repeated drone and missile strikes from both Iran and Israel.

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Rupee rebounds 58 paise after RBI intervenes in forex markets following a record low, as Iran’s closure of the Strait of Hormuz fuels oil price surge and volatility.

Rupee strengthens 58 paise against US Dollar

March 5, 2026, 11:37 AM - 2 min read

Around 60 per cent of India’s crude oil imports pass through the Strait of Hormuz. Once Iran announced the closure, crude oil prices surged sharply, triggering a widespread sell-off among investors in the Indian market.  

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