Currency & FX #rupee#us dollar
Rupee Rebounds 67 Paise to 95.18 vs USD as Oil Prices Slide on Iran Deal Specula
The Indian rupee rebounded sharply by 67 paise to close at 95.18 against the US dollar, driven by a slump in global oil prices amid renewed hopes of a nuclear deal with Iran. The development has direct implications for trade finance professionals, lowering import costs and easing pressure on letters of credit denominated in dollars.
Jun 12, 2026 1 source
