Rupee closed slightly higher at 92.3700 per Dollar on Monday (16 March 2026), versus its previous close of 92.60 per Dollar.Powered by Capital Market - Live News

The Indian rupee ended the day almost flat on Monday to settle at 92.28 per dollar. The currency hit a fresh record low of 92.47 during intraday moves amid surging crude oil prices and incessant withdrawal of foreign funds triggered by geopolitical uncertainties. The local currency, however, resisted a sharp fall backed by a significant recovery in domestic equity markets amid hopes of the reopening of the Strait of Hormuz. Indian benchmark indices rebounded strongly, closing higher after a three-day slump. The BSE Sensex jumped by 938.93 points (1.26%) to settle at 75,502.85, while the NSE Nifty 50 gained 257.70 points (1.11%) to close at 23,408.80. At the interbank foreign exchange, the local unit opened at 92.44 and touched its lowest-ever intra-day level of 92.47 against the greenback during the session. Powered by Capital Market - Live News

Large currency speculators increased net short position in the Pound futures market rose to a three-month high, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Pound futures, traded by large speculators and hedge funds, totaled a net short position of 84197 contracts in the data reported through March 10, 2026. This was a weekly rise of 11511 net short contracts.Powered by Capital Market - Live News

Large currency speculators in the Euro futures market extended fall to a three-month low, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled a net long position of 105144 contracts in the data reported through March 10, 2026. This was a weekly decline of 31354 net long contracts.Powered by Capital Market - Live News

US dollar index speculators further increased net short position, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net short position of 5882 contracts in the data reported through March 10, 2026, showing an increase of 893 net short positions compared to the previous week.Powered by Capital Market - Live News