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Rupee sinks for fifth straight session as Iran ceasefire fears jolt oil and markets
Economy
Published on 24 April 2026
All five sessions red as oil jumps on ceasefire risk
The Indian rupee fell in all five trading sessions, posting its steepest week-on-week loss since September 2022. The slide was driven by renewed fears that a U.S.-Iran ceasefire could unravel, which disrupted energy flows and sent oil prices higher again—raising pressure on currencies and trading sentiment.
- Rupee declined in every one of the last five sessions
- This week-on-week fall is the biggest since September 2022
- U.S.-Iran ceasefire fragility fears pushed oil prices higher
- Energy disruptions added fresh pressure on FX markets
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times