Rupee hits record low: Why the ‘Hormuz Blockade’ and $105 crude are pushing the Indian currency towards 96/$
- Posted on May 12, 2026
- By Financial Express
- 0 Views
- 1 min read
Rupee hits record low: Why the ‘Hormuz Blockade’ and $105 crude are pushing the Indian currency towards 96/$
Rupee nears 96/$ amid Hormuz blockade and high oil prices; learn what’s driving the drop and how it might impact you. Read more now!
