DJI46,946.41+0.83%
GDAXI23,564.01+0.50%
GSPC6,699.38+1.01%
HSI25,834.02+1.45%
IXIC22,374.18+1.22%
N22553,751.15-0.13%
AAPL252.82+1.08%
AMZN211.74+1.96%
CL94.27-4.50%
EURUSD1.1509+0.75%
GBPUSD1.3322+0.75%
GC5,014.90-0.92%
GOOG304.42+0.98%
JPM286.16+0.96%
META627.45+2.33%
MSFT399.95+1.11%
NVDA183.22+1.65%
TSLA395.56+1.11%
DJI46,946.41+0.83%
GDAXI23,564.01+0.50%
GSPC6,699.38+1.01%
HSI25,834.02+1.45%
IXIC22,374.18+1.22%
N22553,751.15-0.13%
AAPL252.82+1.08%
AMZN211.74+1.96%
CL94.27-4.50%
EURUSD1.1509+0.75%
GBPUSD1.3322+0.75%
GC5,014.90-0.92%
GOOG304.42+0.98%
JPM286.16+0.96%
META627.45+2.33%
MSFT399.95+1.11%
NVDA183.22+1.65%
TSLA395.56+1.11%
DJI46,946.41+0.83%
GDAXI23,564.01+0.50%
GSPC6,699.38+1.01%
HSI25,834.02+1.45%
IXIC22,374.18+1.22%
N22553,751.15-0.13%
AAPL252.82+1.08%
AMZN211.74+1.96%
CL94.27-4.50%
EURUSD1.1509+0.75%
GBPUSD1.3322+0.75%
GC5,014.90-0.92%
GOOG304.42+0.98%
JPM286.16+0.96%
META627.45+2.33%
MSFT399.95+1.11%
NVDA183.22+1.65%
TSLA395.56+1.11%
CYBERETIKAGLOBAL FINANCIAL INTELLIGENCE
LIVE
IND Livemint EN

Rupee hits fresh low on crude surge; RBI likely intervenes

The local currency, which opened at 92.3425 per US dollar, touched an intraday low of 92.4788, according to Bloomberg data. It closed at 91.1975 on Friday.

Mar 13, 2026 &03111313202631; 15:11 UTC www.livemint.com Trending 3/5
Read original on www.livemint.com ↗
↘
Negative for markets
Sentiment score: -65/100
Moderate impact Short-term (days)
WHAT THIS MEANS
The Indian Rupee hit fresh lows against the US Dollar, trading at 92.4788 intraday, driven by surging crude oil prices which increase India's import costs and current account deficit. The RBI is expected to intervene to stabilize the currency, indicating potential support levels ahead.
AI CONFIDENCE
75% High
SENTIMENT GAUGE
NEWS POWER SCORE
AFFECTED ASSETS
↑
USDINR
USDINRCurrency
Expected to rise
Rupee weakness against USD driven by crude oil price surge and widening current account deficit
↑
Oil (WTI Crude)
CL=FCommodity
Expected to rise
Crude oil surge is the primary driver of Rupee depreciation
↓
IT→.MI
IT→.MIStock
Expected to decline
Rupee depreciation increases import costs for Indian companies, pressuring margins
⇅
^SENSEX
^SENSEXIndex
High volatility expected
Currency weakness creates headwinds for exporters but may support IT sector earnings in dollar terms
PRICE HISTORY
Loading chart...
⚡ SUGGESTED ACTION
Monitor RBI intervention levels around 92.50-92.75 as potential support; consider hedging strategies for companies with high import exposure. Watch crude oil prices closely as the primary driver of near-term Rupee direction.
KEY SIGNALS
Rupee at fresh multi-month lowsCrude oil price surge driving currency weaknessRBI intervention expected to provide supportCurrent account deficit widening concernsImport inflation pressure building
SECTORS INVOLVED
Information TechnologyEnergyFinanceImport-dependent Manufacturing
Analysis generated on Mar 16, 2026 at 14:02 UTC
Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by Livemint. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

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