# Rupee plunges 34 paise to 95.08 against dollar as crude prices surpass $100 mark - The Hindu

> The rupee closed down 34 paise at 95.08 per dollar on September 9 after Brent crude futures rose above $100 a barrel for the first time in almost six weeks. Attacks on oil facilities and ships in West Asia threatened the already strained supply chain amid U.S.-Iran tensions. Foreign equity outflows also weighed on the currency.

- Date: 2026-09-09 · published 2026-09-09T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/17749-rupee-plunges-34-paise-to-95-08-against-dollar-as-crude-prices-surpass-100-mark
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Crude above $100 widens India's import bill and raises inflation concerns, pushing USD/INR higher. Supply attacks in West Asia keep oil risk premiums elevated for oil importers.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- USDINR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2020-01-03 | [Rupee plunges against US dollar amid spike in crude prices  - The Hindu](https://feedsoft.ai/events/55369-rupee-plunges-against-us-dollar-amid-spike-in-crude-prices-the-hindu.md) | -1.0% | -13.0% |
| BRENT | 2020-01-20 | [Rupee slips 4 paise to 71.12 against US dollar amid rising crude prices  - The HinduBusinessLine](https://feedsoft.ai/events/55371-rupee-slips-4-paise-to-71-12-against-us-dollar-amid-rising-crude-prices-the.md) | -6.9% | -11.0% |
| BRENT | 2022-03-30 | [Rupee skids 21 paise to 75.94 against USD as crude oil spikes](https://feedsoft.ai/events/42545-rupee-skids-21-paise-to-75-94-against-usd-as-crude-oil-spikes.md) | -4.4% | -6.5% |
| BRENT | 2020-01-03 | [Rupee today falls sharply against the US dollar: 5 things to know](https://feedsoft.ai/events/55370-rupee-today-falls-sharply-against-the-us-dollar-5-things-to-know.md) | -1.0% | -13.0% |
| BRENT | 2026-01-27 | [Crude Prices Jump to a 3-Month High on Dollar Weakness and Iran Risks](https://feedsoft.ai/events/21231-crude-prices-jump-to-a-3-month-high-on-dollar-weakness-and-iran-risks.md) | +0.6% | +7.6% |
| WTI | 2026-01-27 | [Crude Prices Jump to a 3-Month High on Dollar Weakness and Iran Risks](https://feedsoft.ai/events/21231-crude-prices-jump-to-a-3-month-high-on-dollar-weakness-and-iran-risks.md) | +2.1% | +8.4% |
| WTI | 2026-03-11 | [Crude oil surge likely to support palm prices \| The Star](https://feedsoft.ai/events/15488-crude-oil-surge-likely-to-support-palm-prices-the-star.md) | +14.9% | +14.3% |
| WTI | 2019-03-01 | [Oil prices rise as markets tighten due to OPEC supply cuts](https://feedsoft.ai/events/60286-oil-prices-rise-as-markets-tighten-due-to-opec-supply-cuts.md) | -1.0% | +3.6% |

## Sources

- thehindu.com: https://www.thehindu.com/business/rupee-plunges-34-paise-to-9508-against-dollar-as-crude-prices-surpass-100-mark/article71447009.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.