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Market move▼ Bearish for Indian equities

Rupee gains from FCNR (B) boost reverse in September amid higher crude oil prices: RBI bulletin

1 source · first seen 13:57 26 Sept · updated 13:57 26 Sept

The brief

Written from 1 report · check the source before you trade
  • The rupee depreciated as crude oil prices rose, reversing gains from FCNR(B) deposits
  • Rupee weakness and higher crude costs pressure oil importers, airlines and companies with foreign debt

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Rupee9 todayCrude oil64 todayRBI19 todayForex reserves3 today

Linked by the tag Forex reserves

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Read the reports

1 report · earliest 13:57
MintRupee gains from FCNR (B) boost reverse in September amid higher crude oil prices: RBI bulletin13:57