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Rupee falls past 92-mark against US dollar, hits new record low amid Middle East war
short by Medhaa Gupta / on Wednesday, 4 March, 2026
The Indian rupee tumbled 69 paise to hit a new all-time low of 92.18 against the US dollar in early trade on Wednesday amid a sharp spike in crude oil prices due to the ongoing war in the Middle East. Brent crude rose 1.4%, to $82.57 per barrel after closing at its highest since January 2025 on Tuesday, Reuters reported.
read more at PTI