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Domestic crude oil production falls 1.4% in December

 JoKeynes
  45
 June 2, 2024

In September 2014, the price of oil was $100 and the rupee was $61 to the dollar. Suppose you reduce the price of oil to $500. I think most people would suggest a rupee exchange rate of 50-55 rupees.

One of the reasons for discussing this with economists and experts is the strength of the dollar.

(Column by Prashant Jain, Chief Investment Officer, HDFC Mutual Funds)

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