Rupee at risk of slipping past 100 as oil spikes on Iran fears

Markets now price in further rupee losses after oil jumps

India’s rupee could slide to fresh record lows, potentially crossing 100 per dollar, if tensions around the Iran war escalate. Analysts warn surging oil prices would deepen inflation pressures and widen the current-account deficit. While central bank steps may cushion the move, they’re seen as temporary—market pricing suggests the rupee has more downside ahead.