The Indian rupee is under renewed pressure because three forces are working against it at the same time: higher crude oil prices, rising expectations of a US Federal Reserve rate hike and a stronger dollar. On August 31, 2026, the rupee opened at ₹95.56 against the US dollar, 13 paise weaker than its previous close … Continue reading Why Is the Indian Rupee Under Pressure? Fed Rates, Oil Prices and What Happens Next