US-Iran war: Will rupee hit 100 versus US dollar soon?

May 21, 2026 - 21:00
US-Iran war: Will rupee hit 100 versus US dollar soon?

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​Rupee depreciation is not new, what is new however is the rapid pace at which it is falling. It’s the biggest risk for India’s external sector resilience at the moment. In just over a year, the rupee has depreciated over 14%.

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