India’s rupee fell to new record lows against the dollar as rising fuel imports and accelerating foreign investor exits drained forex demand.
Tag: fuel costs
Finance Minister Says Economy Resilient Despite Pressure From 3 Fs: Fuel Fertiliser Forex
FM Nirmala Sitharaman said India’s economic fundamentals remain strong even as fuel fertiliser and foreign exchange costs weigh on households.
Petrol Price in Mumbai Rises to Rs 111.18 Per Litre Amid Global Supply Volatility
Mumbai sees another daily fuel hike despite falling global crude as taxes and exchange rate keep prices elevated.
US Gas Prices Surging Again Ahead of Memorial Day Weekend
Fuel prices are climbing sharply just before the Memorial Day holiday, with Minnesota averaging $4.40 per gallon for regular unleaded.