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Indian Rupee resumes decline as Mideast supply risks fuel oil price rally

The Indian Rupee (INR) opens lower against the US Dollar (USD) on Wednesday after a slight relief the previous day. The USD/INR pair rises to near 96.45 as a fresh surge in oil prices due to intensifying fears of further global energy supply disruptions has weakened the Indian currency.

FXStreet — Commodities Jul 22, 2026 1 min read

The Indian Rupee (INR) opens lower against the US Dollar (USD) on Wednesday after a slight relief the previous day. The USD/INR pair rises to near 96.45 as a fresh surge in oil prices due to intensifying fears of further global energy supply disruptions has weakened the Indian currency.

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