<ul data-eligibleForWebStory="true"><li>The Indian rupee closed 49 paise weaker at 86.09 against the US dollar on Friday amidst global and domestic economic influences.</li><li>The rupee opened at 86.15 against the US dollar, the lowest level since April 11.</li><li>Geopolitical tensions and rising crude oil prices contributed to the rupee's decline, despite some support from RBI interventions.</li><li>Israeli attacks on Iranian sites, leading to heightened tensions and Iran's vows of retaliation, also impacted market sentiments.</li><li>US dollar weakened to 98.08 on Friday amid the Israel-Iran conflict.</li><li>Oil and gold prices surged as a result of the tensions, with WTI crude rising over 8% above $75 and gold reaching five-month highs.</li><li>Risk assets are sensitive to evolving Fed expectations and geopolitical developments, with consumer sentiment data and Middle East events influencing market direction.</li><li>Crude prices have fluctuated due to various factors, including trade conflicts and OPEC+ decisions.</li></ul>

Rupee Closes Weaker For Second Consecutive Session As Iran-Israel Tensions Mount

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