{
  "id": 6415663,
  "title": "Rupee plunges 34 paise to 95.08 against dollar as crude prices surpass USD 100 mark",
  "url": "https://urgent.news/2026/09/09/rupee-plunges-34-paise-to-95-08-against-dollar-as-crude-prices",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-09T11:19:45.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/forex/rupee-plunges-34-paise-to-95-08-against-dollar-as-crude-prices-surpass-usd-100-mark/articleshow/133966394.cms"
  },
  "original_language": "en",
  "account": "The Indian rupee experienced a significant drop against the US dollar, falling 34 paise to 95.08 (provisional) on Wednesday. This decline was primarily driven by surging crude oil prices that crossed the USD 100 per barrel mark, raising concerns about inflation and increased forex outflows. Brent crude futures had reached USD 100.73 per barrel, up by 2.94 percent, after attacks on oil facilities and ships in West Asia. These events have strained the global supply chain and heightened tensions due to the US-Iran conflict.\n\nAt the interbank foreign exchange market, the rupee opened at 94.80 against the US dollar and hit an intraday low of 95.22. It ultimately settled at 95.08, a decline of 34 paise from the previous close of 94.74. The dollar index, which assesses the greenback's strength against a basket of currencies, was up by 0.05 percent at 98.84.\n\nAnuj Choudhary, a Research Analyst at Mirae Asset Sharekhan, explained that the rupee's decline was attributed to rising crude oil prices and risk aversion in global markets, as well as foreign institutional investors (FIIs) selling equities worth Rs 123.19 crore. The rupee was expected to trade with a negative bias due to these factors, including geopolitical tensions between the US and Iran.",
  "summary": "The rupee fell by 34 paise, settling at 95.08 against the US dollar, amid rising crude oil prices that have breached USD 100 per barrel, raising inflation fears. The depreciation was fueled by sluggish equity markets and foreign institutional investor sell-offs. Additionally, escalating tensions in West Asia contributed to Brent crude futures surpassing USD 100, indicating a continued bearish…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Press Journal",
        "title": "Rupee Takes A Sharp Hit, Plunges 34 Paise To 95.08 Against Dollar As Crude Crosses $100",
        "url": "https://urgent.news/2026/09/09/rupee-takes-a-sharp-hit-plunges-34-paise-to-95-08-against-dollar-as",
        "published": "2026-09-09T11:21:11.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}