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Currencies

India’s Currency Comeback: How Oil’s Drop Fueled the Rupee Rally

June 25, 2025 By Jordan Fabian, David Thompson

The Indian rupee has experienced a remarkable transformation over the past 18 months, with its performance closely tied to the dramatic decline in global crude oil prices. As Brent crude tumbled from over $82 per barrel in January 2024 to recent lows of $64.45 in May 2025, the rupee strengthened substantially, demonstrating one of the […]

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