Rozebud Gonsalves · DistrictNews · 2026-08-17
Rupee faces pressure as RBI defends 95.45 against dollar amid rising crude oil prices
The Reserve Bank of India is defending the rupee at 95.45 against the dollar. Traders are closely watching crude oil prices amid West Asia crisis concerns. Dollar demand from importers and oil companies is expected to increase significantly. The FCNR(B) deposit drive's final stretch may offer some r... Rupee faces pressure as RBI defends 95.45 against dollar amid rising crude oil prices
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