India1 min read

Rupee hits one-month low as renewed Mideast conflict lifts oil prices

The Indian rupee reached its weakest point in over a month on Monday. Renewed Middle East hostilities and Iran's Strait of Hormuz claim sent oil prices surging. State-run banks offered dollars, likely on behalf of the Reserve Bank of India. Markets had antici…

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The News Flicker

Rupee hits one-month low as renewed Mideast conflict lifts oil prices

The Indian rupee reached its weakest point in over a month on Monday. Renewed Middle East hostilities and Iran's Strait of Hormuz claim sent oil prices surging. State-run banks offered dollars, likely on behalf of the Reserve Bank of India. Markets had antici…

The Indian rupee declined to its weakest level in over a month on Monday, as renewed hostilities in the Middle East and Iran's claim of closing the vital Strait of Hormuz sent oil prices surging.Stat…

Originally published by The Times of India. Read the full article →

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The News Flicker·July 13, 2026