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Special forex window for oil companies may stabilise rupee: Report
short by Soheib Ahsan / on Tuesday, 31 March, 2026
Providing a special foreign exchange window to oil marketing companies (OMCs) could stabilise rupee, an SBI report suggested as the Indian currency crossed the 95-mark against US dollar. The report said, "OMCs need to be offered a special window by [RBI] that separates their daily demand from market chores." It added this would help clarify US dollar's actual demand.
read more at ANI