Indian refiners limit use of special FX credit line, sources say, spelling more rupee strain

Indian refiners limit use of special FX credit line, sources say, spelling more rupee strain

Summary

Indian refiners limit special FX credit line usage, fearing rupee weakness and rising repayment burdens amid high oil prices.

Description

Indian refiners limit special FX credit line usage, fearing rupee weakness and rising repayment burdens amid high oil prices.

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