Indian Rupee slumps as Trump refutes claims of Iran sanctions relief

The Indian Rupee (INR) slides to a fresh two-month low against the US Dollar (USD) on Tuesday, with the USD/INR pair jumping to near 96.13. The pair strengthens as the Indian currency underperforms due to fears of persistent energy supply disruption.

Gold impact rationale

Rising geopolitical risk strengthens gold's defensive appeal.

• Source: FXStreet news
• 2026-09-29
• geopolitics

Topics: gold news, gold price impact, geopolitics