Project News Details
Title:
Rupee gains 36 paise to a dollar as oil retreats
Detail:
This rebound was driven by a significant retreat in crude oil prices below $100 a barrel, prompting traders to unwind short-rupee positions. State-run banks were observed selling dollars, likely on behalf of exporters, as the rupee moved to 94.
Country:
Source:
ET Energy World
Published Date:
07.05.2026
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