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Rupee Hits Three-Month Low on Worries over U.S. Role in Middle East Conflict

  • The Rupee fell 26 paise against the US dollar, closing at 86.73, its lowest in three months due to geopolitical uncertainty and US interest rates.
  • Brent crude oil prices rose above $77 per barrel, driven by geopolitical risks amid the Israel-Iran conflict.
  • ICRA noted that further escalation in the Middle East could significantly affect global oil supplies and prices.
  • Analysts predict that the Rupee may fall below 87 unless the Reserve Bank of India intervenes in the currency market.
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Hindustan TimesHindustan Times

Rupee hits three-month low on worries over U.S. role in Middle East conflict

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Hindustan Times broke the news in New Delhi, India on Thursday, June 19, 2025.
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