The Reserve Bank of India has opened a special foreign exchange window to supply dollars to state-run refiners, easing pressure on the rupee. This move, likely routed through state-run lenders, aims to reduce the significant daily dollar demand from oil companies. Analysts expect this intervention to lead to rupee appreciation.
Gold edges higher on softer oil; US midterm elections in focus
Following a previous surge, gold prices experienced a minor uptick, influenced by declining oil rates and ongoing inflation concerns. Investors are honing in on the
November 3, 2026