The primary driver of the rupee’s recent movement has been the conflict between the US-Israel alliance and Iran. India has stated that the conflict has ha... (opens in new tab)

The primary driver of the rupee’s recent movement has been the conflict between the US-Israel alliance and Iran. India has stated that the conflict has had a “debilitating impact on the global economy and energy supplies.” As a major importer of oil, India is vulnerable to price shocks and supply chain disruptions. The rupee hit […]