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The Economic Times

Personal Finance / The Economic Times

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RBI ups crude oil, exchange rate baseline assumptions for FY27

The Reserve Bank of India said it anticipated crude oil prices to average USD 85 per barrel and the Indian rupee to trade at 94 against the US dollar in FY27. These projections are part of the central bank's latest Monetary Policy report. The report also details past trends, including the rupee's significant depreciation in FY26 due to outflows and global factors.

8 Apr 2026 12:54 pm