Fall in Price of Crude Oil Vis-A-Vis Fall in Rupee Against Dollar

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....all in Price of Crude Oil Vis-A-Vis Fall in Rupee Against Dollar <br>News and Press Release<br>Dated:- 25-2-2015<br><BR>It is estimated that for every one USD decrease in crude price, the country's im....

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....port bill decreases by around &#8377; 8,578 crore (Eight Thousand, Five Hundred and Seventy Eight Crores). If the rupee appreciates vis-&agrave;-vis US Dollar then for every one rupee appreciation in ....

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....exchange rate, the country's crude oil import bill decreases by around &#8377; 12,328 crore (Twelve Thousand, Three Hundred and Twenty Eight Crores). The Government continuously monitors the export/i....

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....mport performance of different sectors, including Crude oil and need-based corrective measures are taken from time to time keeping in view the financial and overall economic implications. This inform....

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....ation was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today.<BR> News - Press release - PIB....