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Rupee Weakens Amid Middle East Tensions; India and Japan Discuss Energy

The Indian Rupee has slipped against the US dollar as hopes for Middle East peace dim, impacting global markets. Meanwhile, the foreign ministers of India and Japan confirmed cooperation on stable energy supply in light of the Middle East situation.

26 May, 05:06 — 26 May, 05:06
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Showing 1 of 2 sources
Times of IndiaMostly Factual9d ago

Rupee slips to 95.43 against US dollar as hope for Middle East peace dims

The Indian Rupee experienced a dip early Tuesday, influenced by strong US dollar demand and rising crude oil prices. Geopolitical tensions and fresh attacks against Iran are impacting market sentiment. While the Reserve Bank of India's interventions are expected to stabilize the currency, ongoing peace talks and oil price fluctuations remain key factors to watch.

By TOI BUSINESS DESK

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Coverage Timeline

First report: NHK World · 25 May, 20:41Full coverage: 2 · 8hWindow: 8h
Left-leaningCenterRight-leaning
NHK World25 May, 20:41First to report

日インド外相 中東情勢受けエネルギー安定供給などで連携確認

8h later
Times of India26 May, 05:06Latest update

Rupee slips to 95.43 against US dollar as hope for Middle East peace dims

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