The Indian rupee weakened against the dollar on Tuesday, falling to 94.47 as rising oil prices and stalled energy flows through the Strait of Hormuz due to the U.S.-Iran conflict weighed on sentiment. Traders anticipate continued pressure on the rupee until energy supply disruptions ease, while the Reserve Bank of India is expected to intervene to manage volatility.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets