Try GOLD - Free
Rupee drifts to new lows amid tensions
Financial Express Delhi
|March 19, 2026
THE RUPEE DEPRECIATED to a fresh low against the dollar on Wednesday as crude oil prices remained above the $100 /barrel mark fuelled by the war in West Asia.
The domestic currency ended the session at 92.63 against the dollar, down 24 paise or 0.27 % over the previous close, according to Bloomberg data. Dealers said the central bank 8stayed away from the markets for the most part.
The rupee has continued to drift down since the outbreak of the hostilities in West Asia and has fallen 1.8%, taking the depreciation in FY26 so far to 8.4%.
This story is from the March 19, 2026 edition of Financial Express Delhi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Delhi
Financial Express Delhi
BofA cuts Nifty 50 earnings forecast as stagflation fears rise
BOFA SECURITIES HAS slashed its earnings growth forecast on Monday for benchmark Nifty 50 companies for fiscal 2027 to 8.5%, down from 14% projected before the US-Iran conflict, citing rising stagflation risks.
1 min
April 07, 2026
Financial Express Delhi
Buying via GeM dips 7.4% in FY26
PROCUREMENT THROUGH THE government’s e-marketplace platform, GeM, declined 7.4% yeat-on-year (yo-y) to ₹5.03 lakh crore in 2025-26, primarily due to a sharp contraction in orders from the coal ministry.
1 min
April 07, 2026
Financial Express Delhi
IEX volume soars 17% to all-time high last fiscal
INDIAN ENERGY EXCHANGE (IEX) reported its highest-ever electricity traded volume of 141 billion units (BU) in FY26, rising 17% year-on-year (yo-y), even as power prices declined sharply due to a surge in supply—marking a pivotal shift in India’s short-term power markets.
1 min
April 07, 2026
Financial Express Delhi
Balance between calm & realism
A CREDIBLE SIGNAL OF READINESS TO ACT COULD BE THE MOST EFFECTIVE TOOL TO STABILISE MARKET SENTIMENT
4 mins
April 07, 2026
Financial Express Delhi
No price volatility despite West Asia conflict: Govt
THERE IS NO “unusual volatility” in prices of essential agricultural commodities due to the West Asia war, a senior government official said on Monday.
1 min
April 07, 2026
Financial Express Delhi
Nykaa sees growth accelerating in Q4
FSN E-COMMERCE VENTURES, which operates Nykaa, said it expects fourth-quarter growth to accelerate across key metrics, supported by a recovery in its fashion business and steady momentum in beauty.
1 min
April 07, 2026
Financial Express Delhi
Independent directors: Sebi to work on capacity building
SECURITIES AND EXCHANGE Board of India (Sebi) Chairman Tuhin Kanta Pandey on Monday said that the markets regulator is working with various stakeholders for capacity building of independent directors at scale.
1 mins
April 07, 2026
Financial Express Delhi
Real-time portal soon to track narcotic drugs
TO CURB THE illicit trafficking of narcotic drugs, the government is set to develop a real-time digital portal to track pharmaceutical products regulated under the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985.
1 min
April 07, 2026
Financial Express Delhi
Rules on business correspondents to be overhauled
THE RESERVE BANK of India (RBI) on Monday proposed a comprehensive restructuring of the business correspondent (BC) framework, introducing a differentiated structure for BC outlets, tightening governance norms and formalising remuneration standards to strengthen financial inclusion and oversight.
1 mins
April 07, 2026
Financial Express Delhi
Smartphones sector not affected by war: Oppo
SMARTPHONES SEGMENT IN India is seeing a positive outlook even though the ongoing West Asia crisis has affected several other sectors, an Oppo India executive said.
1 min
April 07, 2026
Listen
Translate
Change font size
