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Indian rupee weakens against dollar on Tuesday
Mar-17-2026

Indian rupee weakened against the U.S. dollar on Tuesday amid high crude oil prices and foreign capital outflows. The foreign institutional investors were the net sellers on Monday’s session, offloading securities worth Rs 9,365.52 crore. Besides, ongoing conflict in the West Asia continued to weigh on investor sentiments. Meanwhile, the commerce ministry in its latest data has showed that India’s merchandise exports slipped marginally by 0.81% to $36.61 billion in February 2026 as compared to $36.91 billion in the same month last year. Merchandise imports increased by 24.11% to $63.71 billion in February 2026 from $51.33 billion recorded a year ago. On the global front, the euro remained firm against the U.S. dollar on Tuesday after recent decline that saw it hit its weakest level since last July.

Finally, the rupee ended at 92.40 (Provisional), weakened by 12 paise from its previous close of 92.28 on Monday. The currency touched a high and low of 92.47 and 92.35 respectively.

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