Jul. 13 at 8:04 AM
$USDINR exploding higher as Hormuz risks return. Rupee under heavy fire.
India’s 80%+ oil import dependence turns every crude spike into currency pain. Brent past
$79 accelerates imported inflation and capital flight. RBI must burn its
$674B forex reserves hard.
Corporate India is locking in hedges now. Long-term survival depends on green hydrogen patents and pharma dollar earnings.
$INR
#Rupee #Hormuz #OilShock #IndiaFX #EnergySecurity