US-Iran Tensions Put India’s Rupee Back Under Pressure as Oil Climbs

A customer holds rupee banknotes at a silver jewelry store at Zaveri Bazaar ahead of the festival of Dhanteras in Mumbai, India, on Friday, Oct. 17, 2025. A jump in demand from India in recent weeks has drawn down the supply of available bars to trade in London, as had inflows into silver-backed exchange traded funds. Photographer: Dhiraj Singh/Bloomberg