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US-Israel-Iran war: Rupee breaches 92 mark for first time as oil boils 

US-Israel-Iran war: Rupee breaches 92 mark for first time as oil boils 

The Indian currency fell 55 paise to a record low of 92.03 on Wednesday against the US Dollar. 

Aseem Thapliyal
Aseem Thapliyal
  • Updated Mar 4, 2026 9:28 AM IST
US-Israel-Iran war: Rupee breaches 92 mark for first time as oil boils Rupee drops to all-time low

The Indian rupee breached the 92 mark for the first time ever on Wednesday as  the US-Israeli war on Iran sent oil prices soaring to a new high of $85/bbl, stoking risks of inflation in the world's fastest growing economy.

The Indian currency fell 55 paise to a record low of 92.03 on Wednesday against the US Dollar.

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Today's fall in rupee surpasses previous record lows of 91.99 (January 29) and 92.02 hit in late January 2026.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

ABOUT THE AUTHOR

Aseem Thapliyal
Aseem Thapliyal

A journalist with over 12 years' experience, who tracks trends in the share market and writes stock market stories. An active follower of Sensex and Nifty, I capture stocks in news and analysis by share market experts and brokerages on their outlook and price targets. I cover company news/earnings leading to a rally or crash in particular stocks or stock market indices. Also track impact of global stock markets on their Indian peers. I have worked with Live Mint and NDTV Profit in previous stints. My hobbies are exploring new places, travelling, watching movies, spending time with friends and family, watching web series, playing cricket and football. I have completed graduation from Delhi University along with a PG Diploma in journalism from IIMC. I can be reached easily via social media platforms.

Published on: Mar 4, 2026 9:28 AM IST