ForexMedium•13 November 2026•
1 min read
Indian Rupee Weakens as US Yields Top 5% and Brent Crude Hits $96
Key Facts
1The Indian rupee is expected to open weaker than the 94-per-dollar mark.
2Brent crude climbed to $96 per barrel following attacks on Saudi energy infrastructure and shipping disruptions in the Strait of Hormuz.
3The 10-year US Treasury yield rose above the 5% mark.
The Indian rupee is expected to open weaker than the 94-per-dollar mark. Business Recorder reported that Brent crude climbed to $96 per barrel following attacks on Saudi energy infrastructure and shipping disruptions in the Strait of Hormuz, reversing the currency's recent rally.
The 10-year US Treasury yield rose above the 5% mark, strengthening the USD against oil-importing currencies. This comes as India's annual inflation rate was reported at 6.09% on November 12, 2026, exceeding the forecasted 5.93%.
The market is awaiting India's Balance of Trade data scheduled for release on November 16, 2026, with forecasts indicating a deficit of $32 billion compared to a previous $30.21 billion.