India’s Big Economic Headache: Will Rupee Hit 100 Per Dollar?

| May 26, 2026, 09:13:13 PM | TOI.in
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The sharp escalation in the US-Iran conflict has once again brought the Indian rupee under pressure, with fears rising over whether the currency could soon approach the Rs 100-per-dollar mark. As crude oil prices surge and global investors turn cautious, the rupee is facing stress from higher import costs, foreign fund outflows, and growing geopolitical uncertainty. We break down why oil prices matter so much for the rupee, how the Reserve Bank of India could respond, and what a weaker currency means for inflation, fuel prices, imports, and the broader Indian economy.

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