The Indian rupee rose to a two-week high on May 25, 2026 as Brent crude slid more than 5% and dollar-rupee forward premiums eased, with optimism over a possible U.S.-Iran peace deal supporting sentiment.
The Indian rupee strengthened to a two-week high on Monday, helped by a sharp drop in oil prices and optimism over a possible U.S.-Iran peace deal.
Reuters reported the rupee at 95.2775 per dollar, while dollar-rupee forward premiums dipped. The one-year implied yield fell to 3.25%.
Brent crude declined more than 5% to $97.8 a barrel, easing pressure on oil-importing currencies such as the rupee.
The move followed recent central bank intervention aimed at supporting the currency, alongside broader risk-on sentiment in Asian markets.
The latest gains come as traders watch whether falling crude prices and geopolitical developments can extend relief for India’s external accounts and currency markets.
Revision note
Initial automated publication.