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The Indian rupee is under pressure from high crude oil prices, foreign investor outflows and a stronger US dollar. The RBI has responded with dollar sales, a special dollar facility for three state-run oil companies and tighter forex derivative rules.
Economists estimate the RBI has deployed about $75-80 billion since June.
A weaker rupee raises the local cost of dollar-priced imports such as feed ingredients and energy. Continued RBI defence may limit the currency's decline, but the sustainability of that defence is in question.
businesstoday.inNov 1, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
