3 articles
The Indian central bank likely intervened in the forex market to curb the rupee's decline as Middle East tensions drove Brent crude prices up to nearly $97 per barrel.
India's central bank sold dollars to support the rupee after oil price surges drove the currency to a record low, raising concerns over fuel subsidies and trade deficits for the energy-importing natio
Traders report the Indian central bank intervened to stabilize the rupee against the dollar following a surge in oil prices. Rising energy costs threaten India's economic outlook, prompting fuel conse
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