Rupee breaches 93 mark against dollar for the first time

The Indian Rupee has indeed breached the psychological 93 barrier for the first time in history, hitting a record low of 93.25 against the US Dollar in early trade on March 20, 2026.

The breach comes as a significant blow to market sentiment, even as equities attempt a recovery. The currency is reeling under the combined weight of high energy costs and massive capital outflows.