Rupee rebounds from all-time low, up 7 paise to 92.14/USD

Tue, 10 March 2026

10:17

The rupee rebounded from its all-time low in early trade on Tuesday, rising 7 paise to 92.14 as global oil prices fell after US President Donald Trump said the war with Iran may end soon.

A weaker greenback and a strong opening at the domestic equity markets further supported the local unit while heavy FII outflows capped sharp gains, forex traders said. At the interbank foreign exchange, the rupee opened at 91.92 but fell to 92.14, up 7 paise from its previous close. The rupee crashed to its all-time closing low of 92.21 against the US dollar on Monday, losing 39 paise during the session, as global crude oil prices saw a sharp spike, and the greenback strengthened. -- PTI

TOP STORIES

US-Iran peace talks begin in Islamabad via Pak mediators

Global attention is focused on these talks, as their outcome could profoundly impact West Asian security, energy markets, and international diplomacy.

LIVE! Iran 'LOSING BIG', says Trump in middle of peace talks

Islamabad Talks: Look Out For Mohammad-Bagher Ghalibaf

Trump seems to have estimated that Ghalibaf is a pragmatic politician who is receptive to close relations with the US and is enthusiastic about fostering business and economic ties in particular, points out Ambassador M K Bhadrakumar.

Don't Expect Too Much From Islamabad Summit

The core issues to be settled -- access to Hormuz, Israel's aggression in Lebanon, the question of Iran's nuclear programme, sanctions relief and compensation -- are thorny enough to require weeks of patient negotiation.The most likely...

Mojtaba Khamenei's face disfigured but 'mentally sharp': Report

Mojtaba Khamenei, son of Iran's Supreme Leader, is reportedly recovering from injuries sustained in an attack. Reports indicate he is participating in meetings and decision-making despite his condition.