India Rupee Posts Three-Day Winning Streak as Oil Slump Deepens

📉 RUPEE — India's currency wins while the deal driving it remains unsigned. 📌 LOOK CLOSER: Three days of rupee gains reflect India absorbing the Hormuz peace premium before any MOU exists — same dynamic hitting Brent and Gulf equities. RBI support compounds oil-driven relief, giving Modi FX breathing room without a signed text. If enrichment talks break the draft, the rupee reverses fast and erases intervention capital at the worst moment.