Rupee closes at record low of 94.05 against U.S. dollar

The rupee slumped 29 paise to close at a record low of 94.05 (provisional) against the U.S. dollar on Wednesday (March 25, 2026) as heavy FII outflows and simmering tensions in West Asia kept investors on the edge.

Even a drop in global crude oil prices, weaker greenback, and positive sentiments in the domestic equity markets could not provide any respite to the local unit, forex traders said.