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

Mint 15 hrs ago·26 Sept 2026, 8:27 am

The Indian rupee, previously buoyed by FCNR(B) deposits, depreciated as crude oil prices rose. Will the pressure on INR ease in the near future? Here's what RBI DG said in an article published in the central bank's bulletin.

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