Facebook Pixel Rupee drifts to new lows amid tensions | Financial Express Delhi - newspaper - Read this story on Magzter.com

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.

- CHRISTINA TITUS

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%.

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.

time to read

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.

time to read

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.

time to read

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

time to read

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.

time to read

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.

time to read

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.

time to read

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.

time to read

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.

time to read

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.

time to read

1 min

April 07, 2026

Listen

Translate

Share

-
+

Change font size