Rupee Falls to 3‑Month Low 💸

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The INR touched ₹86.8925 per USD, its weakest level since mid‑March, before closing at ₹86.7225, down roughly 0.3%

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Geopolitical risk is spiking after Israel struck an Iranian site, prompting fears of regional escalation

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Brent crude hovered near $77/barrel following Iran’s retaliatory missile strikes

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ANZ warns that a prolonged Iran–Israel conflict could drive oil to $75–85/bbl, with a 20% chance of hitting $90–95/bb

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India’s oil imports could widen the current account deficit by ~0.4% of GDP for every $10 rise in oil

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Bond yields rose as traders adjusted bets • Nifty 50 slipped about 0.1%

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State-run banks’ modest dollar sales helped the rupee stem deeper losses

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