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Tag

oil refiners

1 article

RBI Dollar Intervention Bolsters Rupee, Shifts EM Fixed Income Outlook
Macro & Rates180d ago
RBI Dollar Intervention Bolsters Rupee, Shifts EM Fixed Income Outlook
India's central bank directs state oil refiners to use a special credit facility for dollar purchases, leading to significant rupee gains and recalibrating market expectations for Indian assets.