Indian rupee starts Monday at 94.23 per US dollar
NewsBytes | April 28, 2026 7:42 PM CST
Oil surge, investor outflows strain rupee
Oil prices shot up again, with Brent crude nearing $108 a barrel, meaning Indian companies need more dollars to pay for imports, which puts extra strain on the rupee.
Foreign investors are still pulling money out (though not as fast as before), and exporters aren't rushing to sell their dollars either.
For now, how much we pay for oil will likely decide where the rupee goes next.
READ NEXT
-
Nagaland State Lottery Result: April 28, 2026, 8 PM Live - Watch Streaming Of Winners List Of Dear Destiny Sambad Night Tuesday Weekly Draw
-
‘Marks Do Not Define You’: CISCE Urges Students To Stay Calm Ahead Of ICSE, ISC Results 2026; April 30 Likely Date
-
'Full Paisa Vasool': Divyenndu Aka Munna Bhiaya Talks About Mirzapur The Film
-
Western Odisha Roasts At 43-44°C, Coast Stays Cooler As Thunderstorms Brew
-
'Life tips the scales, every now and then': These poems are a eulogy to loss, grief and a new start
