INR to USD: Rupee falls 20 paise to 93.73 against U.S. dollar in early trade

The rupee fell 20 paise to 93.73 against the U.S. dollar in early trade on Tuesday (March 24, 2026) as the greenback strengthened and global crude oil prices kept rising even after U.S. President Donald Trump signalled that negotiations were underway with Iran.

Mr. Trump on Monday (March 23, 2026) said the U.S. was talking with a “respected” Iranian leader and claimed the Islamic Republic was eager for a deal to end the war. He also extended a deadline for Iran to reopen the crucial Strait of Hormuz or face attacks on its power plants, saying it has an additional five days.