The Indian rupee reached its weakest point in over a month on Monday as renewed Middle East hostilities and Iran's Strait of Hormuz claim sent oil prices surging.

India

Who

Reserve Bank of India

What

When

Mon, 13 Jul 2026 06:31:00 GMT · 1h 59m ago

Where

India ·

Why

Renewed Middle East hostilities and Iran's Strait of Hormuz claim sent oil prices surging, impacting the Indian rupee.

The Frontline Impact

How this affects you

The Indian rupee depreciated to a one-month low. Rising oil prices, driven by Middle East conflict, pose a risk to India's trade and inflation data.

Story chain

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Verified Sources & Citations

The Economic Times
https://economictimes.indiatimes.com/markets/forex/rupee-hits-one-month-low-as-renewed-mideast-conflict-lifts-oil-prices/articleshow/132358838.cms
HIGH

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