ChemBriefRBI Intervenes to Support Rupee as Crude Prices Surge
India's central bank sold dollars to stabilize the rupee after crude oil prices jumped over 20%, straining the nation's import bill and foreign exchange reserves.
bloomberg · 2026-07-19 21:27 UTC
India's central bank sold dollars to stabilize the rupee after crude oil prices jumped over 20%, straining the nation's import bill and foreign exchange reserves.
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