Rupee plunges 31 paise to 93.75 against U.S. dollar in early trade

The rupee stayed weak for the third straight session, falling 31 paise to 93.75 against the U.S. dollar in early trade on Wednesday (April 22, 2026), weighed down by higher crude oil prices amid uncertainties over a West Asia peace agreement.

Selling pressure in domestic equity markets and withdrawal of foreign capital further pressured the Indian currency, forex traders said.