By Kimberley Kao and Fabiana Negrin Ochoa

The Reserve Bank of India faces a difficult interest-rate decision this week as rising oil prices from the Iran conflict, a record-low rupee and a weak monsoon threaten to slow…

The rupee has tumbled to record lows since the Iran war broke out at the end of February, as a resultant spike in crude prices delivered a severe blow to the country

RBI likely intervened to stabilize the rupee amid rising crude prices and geopolitical tensions, traders report.

The Indian central bank likely stepped into the foreign exchange market on Wednesday. This action aimed to curb the rupee's decline. Renewed U.S.-Iran hostilities pushed crude oil…