Rupee Crumbles 39 Paise to 95.77 against USD as Iran Shuts Strait of Hormuz; Brent Spikes Beyond $79
The Indian rupee faced brutal selling pressure on Monday morning (July 13, 2026), plunging heavily during early trading sessions as a major military escalation in the Middle East rattled international financial markets. Geopolitical anxieties peaked over the weekend, triggering a widespread risk-off sentiment across emerging market assets, with the Indian currency bearing the brunt of … Read more