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Bloomberg

US-Iran Tensions Put India’s Rupee Back Under Pressure as Oil Climbs

Thursday, July 9, 2026


The Reserve Bank of India's interventions in currency markets have been less effective in stabilizing the rupee during recent periods compared to similar measures deployed in 2013, according to market analysts.

Original reporting: https://www.bloomberg.com/news/newsletters/2026-07-09/india-s-rupee-back-under-pressure-as-us-iran-tensions-increase-inr-usd

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