Published: May 17, 2026, 11:16 IST | Updated: May 17, 2026, 11:16 IST
The rupee breached the 96 per dollar mark for the first time ever on Friday. For the Indian currency, the larger headline is still global. There is no clarity on the US-Iran war or Hormuz. As a result, Brent crude is climbing back towards 110 dollars per barrel.