Markets · ✓ 3 outlets
India's central bank opens a dollar window for oil firms to defend the rupee
India's central bank opened a dollar window for oil companies and introduced curbs on dollar demand to defend the rupee (Reuters, Financial Times, Straits Times).
High oil prices push up demand for dollars in oil-importing countries.
A sign of the pressure expensive oil puts on importers.
Details of the measures are in the reports.
DailyDrop Ireland edition No. 7 · Morning · SUN., OCT. 11, 2026