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Rupee slips for third straight day as crude oil and US Iran threats hit dollars

Economy
Published on 24 April 2026
Rupee slips for third straight day as crude oil and US Iran threats hit dollars

Oil pressures and Iran threats push rupee to a fresh slide

The Indian rupee fell for its third consecutive session, ending at 93.79 to the dollar after losing about 30 paise. The move was driven by a jump in crude oil prices as geopolitical tensions in West Asia persist and US President Trump’s threats toward Iran raise supply and cost concerns.

  • Rupee closed near 93.79 per dollar after a third straight decline
  • About 30 paise was lost as the currency weakened
  • Rising crude oil prices weighed on the rupee
  • West Asia tensions and US Iran threats intensified the pressure
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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