Rupee falls 27 paise to close at 95.65 against U.S. dollar
The Indian Rupee depreciated against the U.S. dollar due to rising crude oil prices and geopolitical tensions between the U.S. and Iran. Market analysts expect continued volatility as the conflict impacts global supply chains.
Why it matters
Currency fluctuations and oil price spikes directly impact India's inflation and macroeconomic stability.
The rupee depreciated 27 paise to close at 95.65 (provisional) against the U.S. dollar on Monday (July 13, 2026), weighed down by elevated crude oil prices after Iran declared the Strait of Hormuz closed.
The article relies on market data and analyst quotes to explain economic movements.
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