The Indian rupee fell to its weakest level in two months on Monday, closing at 96.4450 per US dollar.
The decline of nearly 0.2% reflects mounting pressure on the currency as global energy costs remain elevated.
Brent crude oil prices stayed near the $90 per barrel mark, keeping import bills high for India.
Brent crude oil prices stayed near the $90 per barrel mark, keeping import bills high for India.
As the world's top crude importer, India faces a persistent trade deficit drag when oil prices remain firm, directly weighing on the rupee's valuation against the dollar.
This latest slide extends a period of volatility for the currency.
The rupee had previously weakened to 96.2375 per dollar earlier in the week, driven by sharp escalations in crude prices following renewed military exchanges in the Middle East.