BusinessPhoto: Hindu BusinessRBI Opens Special Dollar Window for PSU Oil Firms Amid Rising Prices
The Reserve Bank of India (RBI) announced a special window to meet the daily dollar needs of three public sector oil marketing companies—Indian Oil Corporation, Hindustan Petroleum, and Bharat Petroleum. This move, effective from October 12, 2026, aims to prevent rupee depreciation by avoiding these firms buying dollars from the spot market amid rising crude oil prices.
Hindu Business··Mumbai


