{"id":1347,"date":"2026-07-13T05:03:13","date_gmt":"2026-07-13T05:03:13","guid":{"rendered":"https:\/\/koshalsambada.in\/?p=1347"},"modified":"2026-07-13T05:03:13","modified_gmt":"2026-07-13T05:03:13","slug":"rupee-under-pressure-currency-slips-39-paise-against-us-dollar-as-oil-prices-soar-again","status":"publish","type":"post","link":"https:\/\/koshalsambada.in\/?p=1347","title":{"rendered":"Rupee under pressure: Currency slips 39 paise against US dollar as oil prices soar again"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-132356865,imgsize-47754,width-400,height-225,resizemode-4\/rupee.jpg\" alt=\"Rupee under pressure: Currency slips 39 paise against US dollar as oil prices soar again\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>Rupee began the week on a negative note, falling 39 paise against the US dollar as soaring crude oil prices and escalating tensions in the Middle East dampened sentiment. The domestic currency opened at 95.72 against the greenback in the interbank foreign exchange market on Monday.<!-- --> <span class=\"id-r-component br\" data-pos=\"3\"\/>The currency further weakened to 95.77, compared with Friday&#8217;s closing level of 95.38. This comes after the currency had ended the previous week 9 paise higher.<span class=\"id-r-component br\" data-pos=\"5\"\/>Currency dealers attributed the fall to a spike in oil prices after Iran declared the Strait of Hormuz closed, fuelling concerns over a potential disruption to global crude supplies.<span class=\"id-r-component br\" data-pos=\"7\"\/>&#8220;With Brent oil prices rising over $79 to the barrel the Indian rupee is expected to open weaker at 95.53 levels after Iran declared the Strait of Hormuz as closed,&#8221; forex traders said.<span class=\"id-r-component br\" data-pos=\"11\"\/>&#8220;The renewed fighting between the US and Iran revived fears of a major disruption to global Crude supplies,&#8221; said Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP.<span class=\"id-r-component br\" data-pos=\"13\"\/>Brent crude, the global benchmark, surged 4.05% to $79.09 per barrel in futures trade, while the US dollar also strengthened. The dollar index, which tracks the greenback against a basket of six major currencies, was up 0.17% at 101.12.<span class=\"id-r-component br\" data-pos=\"16\"\/>&#8220;Brent oil prices rose by more than 4% this Monday morning rising to $79.25 per barrel as Iran announced the closure of Strait of Hormuz. The latest rally came after Iran on Sunday expanded missile and drone attacks to Gulf states and the UAE in retaliation for US strikes,&#8221; Bhansali added.<span class=\"id-r-component br\" data-pos=\"19\"\/>The weakness in rupee mirrored the broader risk-off mood at the Dalal Street. Benchmark equity indices opened deep in the red, with the Sensex falling 616.15 points to 76,946.97 and the Nifty dropping 190.50 points to 24,015.<span class=\"id-r-component br\" data-pos=\"22\"\/>However, foreign investors continued to support Indian equities. According to exchange data, foreign institutional investors (FIIs) bought shares worth a net Rs 2,603.72 crore on Friday.<span class=\"id-r-component br\" data-pos=\"24\"\/>Meanwhile, the Reserve Bank of India provided some positive macroeconomic news, reporting that the country&#8217;s foreign exchange reserves increased by $7.26 billion to $674.193 billion in the week ended July 3. In the previous reporting week, the reserves had declined by $5.654 billion to $666.933 billion.<span class=\"id-r-component br\" data-pos=\"26\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/rupee-under-pressure-currency-slips-39-paise-against-us-dollar-as-oil-prices-soar-again\/articleshow\/132356734.cms\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rupee began the week on a negative note, falling 39 paise against the US dollar as soaring crude oil prices and escalating tensions in the Middle East dampened sentiment. The domestic currency opened at 95.72 against the greenback in the interbank foreign exchange market on Monday. The currency further weakened to 95.77, compared with Friday&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-1347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-31"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/rupee.jpg","medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/rupee.jpg","medium_large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/rupee.jpg","large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/rupee.jpg","1536x1536":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/rupee.jpg","2048x2048":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/rupee.jpg","blogsy-small":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/rupee.jpg","blogsy-small-tall":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/rupee.jpg","blogsy-small-square":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/rupee.jpg","blogsy-small-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/rupee.jpg","blogsy-medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/rupee.jpg","blogsy-medium-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/rupee.jpg","blogsy-large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/rupee.jpg","blogsy-wide":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/rupee.jpg"},"magazineBlocksPostAuthor":{"name":"admin","avatar":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"Rupee began the week on a negative note, falling 39 paise against the US dollar as soaring crude oil prices and escalating tensions in the Middle East dampened sentiment. The domestic currency opened at 95.72 against the greenback in the interbank foreign exchange market on Monday. The currency further weakened to 95.77, compared with Friday&#8217;s [&hellip;]","magazineBlocksPostCategories":["\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36"],"magazineBlocksPostViewCount":9,"magazineBlocksPostReadTime":2,"magazine_blocks_featured_image_url":{"full":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/rupee.jpg",400,225,false],"medium":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/rupee.jpg",300,169,false],"thumbnail":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/rupee.jpg",150,84,false]},"magazine_blocks_author":{"display_name":"admin","author_link":"https:\/\/koshalsambada.in\/author\/admin"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g","magazine_blocks_category":"<a href=\"#\" class=\"category-link category-link-31\">\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36<\/a>","_links":{"self":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/1347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1347"}],"version-history":[{"count":0,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/1347\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/media\/1348"}],"wp:attachment":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}